AutoTrader NZ
Published 20 September 2024
In recent years, electric vehicles (EVs) have surged in popularity across New Zealand, largely driven by rising petrol prices, fuel taxes, and the introduction of the Clean Car Discount (CCD). Many Kiwis have embraced these clean, modern EV alternatives. However, with the removal of the fuel tax, the end of the CCD, and the addition of Road User Charges (RUC) for EVs, the question remains: which option is best?
While EVs offer environmental benefits and potential long-term savings, petrol cars still hold their ground due to their convenience and lower upfront costs. Let’s break down both
1. Cost of Purchase
- EVs: The upfront cost of EVs is typically higher than petrol cars. Although the EV market in New Zealand is expanding with more affordable models entering the market, the purchase price remains a barrier for many buyers.
- Petrol Cars: Petrol vehicles tend to have a lower upfront cost compared to EVs, especially in the second-hand market. This makes petrol cars more accessible for budget-conscious consumers.
2. Running Costs
- EVs: EVs are much cheaper to run compared to petrol cars when it comes to fuel costs. Charging an EV costs around $3.00 per 100 km, while petrol vehicles cost around $12.00 for the same distance. However, it’s important to factor in road user charges (RUC) for EVs. In New Zealand, light EVs are currently exempt from RUC until 31 March 2024, but after that date, EV owners will need to pay RUC similar to diesel vehicle owners.
- Petrol Cars: Petrol prices fluctuate regularly, but they tend to be significantly more expensive over time compared to charging an EV. Additionally, petrol vehicles do not face RUC unless they are diesel-powered, but the overall fuel costs are higher.
3. Maintenance
- EVs: EVs have fewer moving parts and require less maintenance than petrol vehicles. There’s no need for oil changes, Camblets or engine maintenance! This results in lower overall maintenance costs.
- Petrol Cars: Petrol cars require regular maintenance such as oil changes, air filter replacements, and engine repairs. As these vehicles age, the cost of maintenance increases due to the complexity of their mechanical systems.
4. Environmental Impact
- EVs: EVs produce zero emissions while driving, making them the greener option. As New Zealand’s electricity grid becomes more reliant on renewable energy sources, the overall environmental benefits of EVs will continue to increase.
- Petrol Cars: Petrol vehicles emit carbon dioxide (CO2) and other pollutants, contributing to global warming and local air pollution. Even with more fuel-efficient models, they cannot match the environmental benefits of EVs.
5. Range and Convenience
- EVs: Range anxiety is a common concern for potential EV buyers. Most modern EVs offer between 300–500 km of range on a full charge, which is adequate for most daily driving needs. However, charging infrastructure is still expanding, and charging can take longer compared to filling a petrol tank.
- Petrol Cars: Petrol cars have an obvious advantage in terms of convenience. They can be refueled quickly at any of the numerous petrol stations across New Zealand. For long-distance travel and remote areas, petrol vehicles remain more practical for now.
6. Resale Value
- EVs: The resale market for EVs in New Zealand is growing, but depreciation can still be an issue, especially with rapid advancements in technology. However, as demand for EVs rises, this may stabilize.
- Petrol Cars: Petrol cars tend to have more predictable resale values, thanks to their established second-hand market. However, future shifts toward sustainability and potential fuel restrictions could impact long-term values.
7. Driving Experience
- EVs: EVs offer a smooth and quiet driving experience, with instant torque providing rapid acceleration. Many drivers find the lack of engine noise and the effortless driving feel to be a major benefit.
- Petrol Cars: Petrol vehicles, especially performance models, can offer a more traditional driving experience with engine noise and the ability to manually shift gears. For some, this is a more engaging and enjoyable driving experience.
Conclusion: EV or Petrol – What’s Right for You?
When choosing between an EV and a petrol car, it’s important to consider your driving habits, lifestyle, and long-term budget. If you want to reduce your environmental impact, save on fuel costs, and enjoy a quieter ride, an EV could be the perfect choice. On the other hand, if you prioritise upfront affordability, convenience for long trips, and prefer a more traditional driving experience, a petrol car may still be the way to go.
Where Are The EV Charge Stations?
New Zealand has been rapidly expanding its EV charging network, offering over 1,200 public EV charging stations nationwide!
EV vs Petrol Comparison Table
| Category | EV | Petrol Car |
|---|---|---|
| Upfront Cost | Higher (starting around $50,000 for new models) | Lower (can start from $20,000 for new) |
| Running Cost | Cheaper (~$3 per 100 km + $7.6 RUC per 100km) | More expensive (~$12 per 100 km) |
| Maintenance | Lower (fewer parts, less servicing) | Higher (regular servicing needed) |
| Environmental Impact | Zero emissions | Produces CO2 emissions |
| Range | 300–500 km per charge | Refuel anywhere, no range anxiety |
| Resale Value | Growing resale market, but still new | Stable, established second-hand market |
| Driving Experience | Smoother, quieter, instant acceleration | More traditional and engaging ride |
