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How long until we see €2 a litre and will it push more to EV's faster?

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Comments

  • Registered Users, Registered Users 2, Paid Member Posts: 41,273 ✭✭✭✭Hotblack Desiato


    The diesel price hike in particular seems to be linked to available refinery capacity though rather than availability of crude

    A lot of diesel / kerosene / jet fuel (all same fraction of the barrel) is refined in the Gulf region, most petrol consumed in Europe is refined in Europe

    I'm partial to your abracadabra
    I'm raptured by the joy of it all



  • Registered Users, Registered Users 2 Posts: 436 ✭✭GPoint




  • Registered Users, Registered Users 2 Posts: 15,031 ✭✭✭✭Red Silurian


    This is exactly what I did, although I waited until it was time to change my car, at the time my budget for a car was €20k. Roughly speaking this is what would get you a 2022 ford focus 1L petrol or a 2022 Tesla Model 3

    So, 2 cars, similar age, one with 1/3rd of the advertised running costs

    No brainer really



  • Registered Users, Registered Users 2, Paid Member Posts: 14,403 ✭✭✭✭machiavellianme


    Indeed. But that's the benefit right now. What about in 5 years time, it'll be interesting to see what it costs to run each. It'll be even more interesting in 10 and 15 years time. Or if you decided to trade in. Car economics are fascinating, especially with the backdrop of fluctuating oil prices.

    Save boards.ie by subscribing: https://subscriptions.boards.ie/



  • Registered Users, Registered Users 2 Posts: 15,031 ✭✭✭✭Red Silurian


    Who knows what the future holds. Petrol and Diesel could reach €3 a liter, hydrogen cars might become a thing, Toyota might finally have their solid state battery in a car, Ireland might be celebrating the opening of it's first nuclear power plant. All of these scenarios are highly highly unlikely, but the point is that a decision on a car today shouldn't be affected by what might happen in the future.



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  • Registered Users, Registered Users 2, Paid Member Posts: 41,273 ✭✭✭✭Hotblack Desiato


    Hard to envisage any scenario other than the relative cost of running an ICE car getting worse in future, not better.

    I'm partial to your abracadabra
    I'm raptured by the joy of it all



  • Registered Users, Registered Users 2, Paid Member Posts: 10,642 ✭✭✭✭893bet


    and worse at a faster rate that an ev will get worse.



  • Registered Users, Registered Users 2 Posts: 1,800 ✭✭✭joebloggs32


    A lot depends on your situation.

    Homeowners with Solar PV and a driveway to charge on, who are looking at changing a car really should be looking closely at an EV.

    People who are renting and can't access cheap night rates at home then it is hardly worth considering.

    A 2 or 3 year old EV will already have taken on a big chunk of depreciation, so there are options out there thst easily rival an ICE equivalent.

    I heard colleagues in work this week discussing how much extra they will now spend on their commute. Thankfully I have the solar pv and EV combination so presently am shielded from rises. I do know a prolonged war will push up electricity but my Solar PV will cushion the impact.



  • Registered Users, Registered Users 2 Posts: 4,625 ✭✭✭harr


    A lot of new housing developments near me don’t have driveways. And parking is communal and could be a distance away from the house . Surely if local council wants an up take in EVs it should be incorporated into all housing projects. Latest housing estate local to is has 100 units and 20 have parking that would accommodate EV charging.



  • Registered Users, Registered Users 2 Posts: 62 ✭✭sruthair


    going to fill up later with HVO100 expecting the price to be around €2.25 / L. going to be expensive. was €1.888 / L last time I filled up.



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  • Registered Users, Registered Users 2 Posts: 4,647 ✭✭✭sk8board


    just passed my local garage tonight and diesel is €2.05. Petrol €1.87.

    EV would suit us perfectly, but our low mileage make ICE cars a lower total cost of ownership, which is all that matters.

    with 100% home charging, and an EV costing about 20/25% of what petrol costs per KM (roughly €0.03 v €0.11), we might save €6-700 pa at current petrol prices. It’s a relatively large outlay to save a relatively small amount, and up to now, EV depreciation has surpassed that, as still evidenced by the donedeal report last week.

    Eventually it’ll make sense to get a 2nd hand EV at a lower price to the equivalent ICE



  • Registered Users, Registered Users 2 Posts: 1,424 ✭✭✭MightyMunster


    I thought the report said they were cheaper, as they are also cheaper when new it wasn't very surprising.

    Or if your interpretation was correct then petrol depreciates the most, then BEV, then Diesel.



  • Registered Users, Registered Users 2, Paid Member Posts: 15,602 ✭✭✭✭josip


    The report says whatever the person reading it wants it to say 😉



  • Registered Users, Registered Users 2, Paid Member Posts: 15,602 ✭✭✭✭josip


    I passed 1.93 and 2.10 this evening. Who in their right mind would order or take delivery of a new diesel now or in the future?

    Any rational petrol driver must also be thinking, "only 3 years since this last happened, do I really want to buy a petrol car and be at the mercy of the despots of the world?"

    WhatsApp Image 2026-03-14 at 21.41.05.jpeg


  • Registered Users, Registered Users 2 Posts: 7,773 ✭✭✭SteM


    There's a huge amount of people in this country that will never order or take delivery of any new car, never mind diesel. They're reliant on whatever comes on to the second hand market within their price range.



  • Registered Users, Registered Users 2 Posts: 39,360 ✭✭✭✭BorneTobyWilde


    i guess HVO must be a lot cheaper than diesel now, or did they decide to up the price to make a killing out of greed



  • Registered Users, Registered Users 2 Posts: 39,360 ✭✭✭✭BorneTobyWilde




  • Registered Users, Registered Users 2 Posts: 11,718 ✭✭✭✭User1998


    The recent price increase is only an extra €5 to €10 per week for most ICE drivers. And it will obviously decrease over time. Nothing wrong with buying a petrol or diesel car at the moment



  • Registered Users, Registered Users 2, Paid Member Posts: 6,897 ✭✭✭Buddy Bubs


    If I was an ICE driver the fuel prices increases wouldnt make me rush out to buy an EV but if I was already actively looking at a change of car, it would certainly be a factor.



  • Registered Users, Registered Users 2 Posts: 12,781 ✭✭✭✭Oscar_Madison
    #MEGA MAKE EUROPE GREAT AGAIN


    “And it will obviously decrease over time.”

    Will it?

    if anything, the only route for Irish petrol prices is up- either through fear of reduced supply as we have right now - or increased government taxes - either way you’ll pay.



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  • Registered Users, Registered Users 2 Posts: 11,718 ✭✭✭✭User1998


    Well it's highly likely that prices will return to a more normal level at some point. Electricity prices are likely to increase at some point too. I imagine the only way is up for electricity as well in the long run.



  • Registered Users, Registered Users 2 Posts: 12,781 ✭✭✭✭Oscar_Madison
    #MEGA MAKE EUROPE GREAT AGAIN


    It still remains, with home charging and night rates, an EV is less than 30% at least to fuel than an ICE. At current diesel prices, it costs me 25.4% of ICE prices - that’s an annual saving of €2,097 based on my annual milage.

    The only way for diesel and petrol prices to go is up as a disincentive to continue using ICE cars- so that % margin won’t change medium term even with increased electricity prices - in fact it may well even improve



  • Registered Users, Registered Users 2, Paid Member Posts: 6,897 ✭✭✭Buddy Bubs


    30c per kwh @ 18 kwh per 100km gives cost per 100kms driving of 5.40 euro in an EV on daytime tariffs

    210c per litre of diesel in a car giving 7 litres per 100kms is 14.70 euro per 100kms

    So somewhere between 30 and 40% for most people when you change the numbers above to suit but thats the ballpark.

    About half that again on night rate and even lower again for the shorter night time windows meaning anywhere from 10% cost of an ICE

    I wouldnt be worried about electricity going up and pushing people back to ICE anyway!



  • Registered Users, Registered Users 2, Paid Member Posts: 15,602 ✭✭✭✭josip


    Yes, but the ones who buy new now are the biggest influence on that future 2nd hand market. If they continue to buy new petrol and diesels, that will dominate the 2nd hand market for the next decade.



  • Registered Users, Registered Users 2 Posts: 62 ✭✭sruthair


    well it appears to be increasing at the same rate as diesel . wtf 🙄



  • Registered Users, Registered Users 2 Posts: 62 ✭✭sruthair


    I paid 2.249/L for HVO100 yesterday, at this price to fill the 80L tank it costs €28.88 extra than it did a few weeks ago.

    it seems to be priced at 15C /L above regular diesel. I bought my current vehicle knowing that fuel prices fluctuate and the price of fuel has no impact on what type of vehicle I drive.

    my current vehicle has held its value better than any EV.



  • Registered Users, Registered Users 2 Posts: 32,420 ✭✭✭✭Wanderer78


    or maybe some businesses have decided, tis time to further screw the public, and yank prices up!

    tis very likely taxes will be slightly reduced to compensate for these price hikes!



  • Registered Users, Registered Users 2 Posts: 25,110 ✭✭✭✭lawred2


    Green policy in Ireland is wholly inconsistent, idealistic, lacking in any sort of pragmatism and not in touch with the real world .

    Housing without parking but zero/inadequate/unreliable public transport is right up there.



  • Registered Users, Registered Users 2, Paid Member Posts: 3,527 ✭✭✭Glaceon


    In my estate, some houses were provided with EV chargers in the driveways. Our solicitor questioned it and it sounded like they were required to provide some percentage of houses with EV charging but not all! Ours doesn’t have one but does have the duct and wiring in place.



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  • Registered Users, Registered Users 2 Posts: 815 ✭✭✭chrisd2019


    The council want the occupiers to not have a car and use public transport. Therefore no charging facility needed.



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