Generally speaking, the more technology a car has the more expensive it is to purchase. As with diesel vs. petrol cars, a diesel car is more expensive to buy but provides better fuel economy for high mileage driving meaning the initial cost balances out over the cost of ownership.
This too is the same for hybrid cars, however the initial expense can vary significantly depending on the type of hybrid vehicle. Mild Hybrid models tend to be only marginally more expensive than their petrol counterpart, whereas plug-in hybrids can be significantly more.
The more battery power a hybrid vehicle has, the lower the CO2 emissions vs. a standard petrol car meaning it is better for the environment. This also equates to a lower car tax band and in some cases being exempt from congestion charges.
As an example, the standard Suzuki Swift 1.0 Boosterjet petrol engine has 110g/km (NEDC) emissions vs. 98g/km (NEDC) with the 1.0 Boosterjet SHVS (Mild Hybrid) meaning you would pay £155 car tax for the first year and £135 for the hybrid variant.
|Suzuki Swift SZ-T 1.0 Boosterjet||Suzuki Swift SZ-T 1.2 Dualjet Hybrid|
|Combined MPG (WLTP)||51.4||56.4|
|Petrol Price (per litre)||109.9p||109.9p|
|Annual fuel cost (over 12,000 miles)||£1,166.41||£1,063.01|
|✅ Better Emissions||❌ Generally more expensive to buy|
|✅ Better Fuel Economy||❌ Batteries can be expensive to replace if they go wrong outside of the warranty period|
|✅ Better Residual Values|
|✅ Equally Good Reliability|
|✅ Reasonable Servicing Costs|