How to Correctly Determine Your Car’s Fuel Consumption

If you have ever followed the owner’s manual on your vehicle’s fuel consumption you will certainly be disappointed. Car manufacturers derive their fuel consumption by placing their cars on treadmills which run at a constant speed, which is far from the truth. City traffic’s slowing down and acceleration is one of the main cause of fuel wastage due to the constant braking and sudden acceleration. So how do you really determine your car’s fuel consumption?

There are two methods to correctly determine your car’s fuel consumption. For a start, fill up your tank till the nozzle freezes. Don’t add any more petrol in order to keep things constant. Reset your mileage counter and start driving. Drive for about 100km and head back to refuel. Again fill up your tank till the nozzle cuts out and divide the kilometres by the amount of petrol added to find your fuel consumption.

This first method is useful assuming that your driving habit is constant not just for that 100km. For a more exact gauge of FC, drive till your backup tank light lights up then top up your petrol. Again divide your findings and you should be able to find the average litres per kilometre you are raking up.

Cars are getting more fuel efficient due to the advance in technology and more euro 5 cars are getting better fuel efficiency. Of course, engine size has a direct correlation to your fuel consumption so if you are always stuck in traffic or in a country like Singapore, having a low capacity engine is more than sufficient while having high fuel efficiency. Having a small engine doesn’t also mean no power, there are more engines that are fitted with turbochargers such as the Toyota C-HR which can propel your car from 0-100km/h in 9.5 with 122 horsepower. This pick up speed is decent by any means considering it is a High rider/SUV. In fact, the Toyota C-HR is slated to have a fuel efficiency of 5L/100KM. One of the highest for any categories of cars which is a reason why the C-HR is slated to be a heavy hitter in the SUV category for both 2016 and 2017. Want to find out more about how you can be one of the first owners of the Toyota C-HR? do contact us here.

Car COE outlook for 2016

At the start of 2016, analyst as well as forecasters for numerous car dealers has expected the COE prices for 2016 to drop significantly. This is due to the large amount of cars getting deregistered from the year 2006. In addition, the prices of COE has also followed the trend for the last two decades, with the prices of COE in 2006 going as low as $7000 for a category A car, using the older system which went by the capacity of your engines.

The prices of COE has indeed dropped quite a bit, from its peak at about $80000 to the price of about $46000 for a category A car. However, despite the significant amount of cars deregistered, the price doesn’t seem to be going down, why is that so?

The government in 2016 decided to initiate a car free environment, with various steps to reduce its’ carbon footprint, it might not be apparent but it feels like the government is slowly reducing the COE quotas, this is in addition to the increase of car park charges across Singapore’s public car parks as well as private car parks.

The other reason is because of car sharing/ taxi services such as grab and Uber. With cheap rental prices for cars, people are seeing a lesser need to own a car but instead rent a car to get about their lives. This way, individuals won’t have to deal with monthly maintenance and the yearly depreciation of cars which can cost $7000 minimally per year.

Outlook for upcoming months

Although the prices for COE has dropped quite significantly, there is an increasing amount of car owners that decided to extend their car’s life by 5 years. You can do this by paying half of the current COE’s prices. However do note that after that 5 years you won’t be able to get back any of OMV value. This situation has caused lesser deregistration which also means the new COE quota will be reduced proportionately. For the next three months, there will be a decrease of about 10% for new COEs across the board.

With the decrease of COE supplies, the prices should see a steady increase in the upcoming months. It may not be that noticeable and car dealers will probably maintain its car prices in order to entice potential car owners.

Should I continue to wait for prices to drop

It is highly unlikely that prices of COEs will drop to prices of 2006 of about $10000, as such, the prices are likely to maintain at this price for a couple of years to come. In fact, with the different initiatives the government is gunning for to make Singapore a carbon free city, it is likely that owning a car in the future might be even more difficult than it is now.

 

What car should i Buy with the lookout so grim?

With the prices of car expected to hover around the 90k-130k for majority of manufactures. It is important to choose the perfect car for your need. There are many exceptional cars that will be released end of year so it will be important to keep a watchful eye for the latest model car. Newer car models also tend to have a better resell market due to the demand in the future.

 

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