Cost Analysis of Britain’s Top 10 Best-Selling Cars
A group of automotive experts has conducted a comprehensive analysis of the expenses associated with servicing, maintaining, and repairing the ten best-selling cars in Britain. The data, compiled by automotive data specialists at Solera cap hpi, reveals which vehicles not only enjoy popularity but also come with the most cost-effective ownership experience. Topping the list is a beloved hatchback that many consider a staple on British roads.
The Volkswagen Golf has emerged as the most economical option among the nation’s favorite vehicles. This iconic hatchback boasts an average SMR (Service, Maintenance, and Repair) cost of £841.26. This figure encompasses maintenance and tire costs over a typical three-year period with a mileage of 30,000 miles. To break it down further, this translates to an average monthly SMR cost of just 2.80 pence per mile, alongside an average fuel expenditure of £3,504.00, culminating in an average monthly total cost of ownership of £553.76.
In second place, we find the Ford Puma, which has captured the hearts of drivers and secured its spot as the UK’s best-selling car for two consecutive years. The data indicates that the Gen-E Electric Hatchback 123kW Select 43kWh 5dr Auto variant has an average SMR cost of £842.12, with a slightly higher monthly SMR cost of 2.81 pence per mile. The average fuel cost associated with this model is around £1,124.00, leading to a more affordable average monthly total cost of ownership of £499.75.
Volkswagen continues to impress, with the Polo securing the third position. The insurance-friendly 1.0 Life variant has an average SMR cost of £991.26, translating to a monthly SMR cost of 3.30 pence per mile, alongside an average fuel cost of £3,571.00. The average monthly total cost of ownership for the Polo stands at £431.31.
On the other end of the spectrum, the Tesla Model Y Hatchback, specifically the Long Range RWD 5dr Auto version, ranks ninth on the list, with a higher average monthly total cost of ownership of £739.23. This illustrates the growing trend of electric vehicles, which are becoming increasingly popular among drivers.
Steve Chambers, Senior Editor for SMR at Solera cap hpi, emphasized the importance of considering SMR costs when choosing a vehicle, noting that these expenses can significantly affect the overall cost of ownership. He stated, “Our data highlights that the Volkswagen Golf Hatchback 1.5 TSI Match is among the most cost-effective vehicles for maintenance, showing how motorists can leverage this information for their next car purchase.” Chambers also pointed out several key factors drivers should consider when evaluating SMR costs:
- The availability and pricing of replacement parts, which can greatly influence maintenance expenses.
- Vehicles with simpler mechanics and fewer high-tech components typically incur lower repair costs due to their straightforward design and the ready availability of affordable parts.
- The state of local roads can also impact costs; poor road conditions often lead to increased wear and tear, resulting in higher repair bills.
- Advanced safety technologies can affect insurance premiums, potentially offsetting some of the maintenance costs.
- Regular maintenance and prompt attention to minor issues are crucial practices that can prevent more expensive repairs in the future, ensuring the longevity and reliability of the vehicle.
As the electric vehicle market continues to expand, it’s worthwhile for drivers to consider the benefits of transitioning to EVs, particularly regarding service and maintenance costs, which are generally lower.
Top 10 Best-Selling Model Variants with Lowest SMR Costs
1. Volkswagen Golf Hatchback 1.5 TSI Match
- Monthly Total Cost of Ownership: £553.76
- SMR Cost: £841.21
2. Ford Puma Gen-E Electric Hatchback
- Monthly Total Cost of Ownership: £499.75
- SMR Cost: £842.12
3. Volkswagen Polo Hatchback 1.0 Life
- Monthly Total Cost of Ownership: £431.31
- SMR Cost: £991.26
4. Kia Sportage Estate 1.6T GDi 48V ISG
- Monthly Total Cost of Ownership: £540.49
- SMR Cost: £1,118.47
5. Hyundai Tucson Estate 1.6T Plug-in Hybrid
- Monthly Total Cost of Ownership: £631.38
- SMR Cost: £1,275.74
6. Nissan Juke Hatchback 1.0 DiG-T
- Monthly Total Cost of Ownership: £517.87
- SMR Cost: £1,428.37
7. Nissan Qashqai Hatchback 1.3 DiG-T MH
- Monthly Total Cost of Ownership: £592.47
- SMR Cost: £1,519.99
8. MG Motor UK HS Hatchback 1.5 T-GDI PHEV SE
- Monthly Total Cost of Ownership: £447.36
- SMR Cost: £1,642.79
9. Tesla Model Y Hatchback Long Range RWD
- Monthly Total Cost of Ownership: £739.23
- SMR Cost: £1,720.32
10. Volvo XC40 Estate 2.0 B3P Core
- Monthly Total Cost of Ownership: £719.02
- SMR Cost: £1,882.88