New PetrolPrices App claims to save motorists up to £200 per year

19 Aug, 2019

19 Aug 2019 The UK’s leading fuel information service, PetrolPrices, relaunches its app this week, promising to save users up to £200 a year on fuel.                          

With daily fuel price fluctuations and motorway service stations charging the earth for fuel, filling up the tank of a car can sometimes feel like a postcode lottery, unless of course you are a user of the fuel comparison app, PetrolPrices. 

For the four months prior to 5th June, the UK saw consecutive monthly increases in both petrol and diesel prices.  It was the longest run of increases since 2016, and saw petrol become 11p a litre more expensive between the beginning of February and the end of May, while diesel was up 7p a litre over the same period. 

According to the AA, British motorists faced the highest petrol prices in July since 2014 with prices rising to a five year high. Petrol prices across the UK hit 128.72p a litre while diesel was at 131.61p. This added an extra £7 per tank of fuel added to an average car, and prices could rise again towards the end of the year due to the sanctions being placed on Iran by America, winter demand increases across Europe for heating fuel set to kick, tensions in the Middle East increasing, trade wars between America and China taking shape and Brexit continuing to create uncertainty.

For those who want to save money on fuel as these influences continue to affect pricing then the PetrolPrices app can help. Comparing both petrol and diesel prices at every forecourt in the UK for free, PetrolPrices informs users of where the cheapest station near to them is within a 20-mile radius.

Users can make dramatic savings by using the app, how this is achieved is because petrol stations price their fuel to compete in local markets and this creates what is called a “price spread” between the cheapest and the most expensive. By using the PetrolPrices app to always know the cheapest in any location, drivers can save hundreds of pounds a year:

Fuel type National Average Price Spread  Savings per Year**
Unleaded 24 pence per litre £225.94
Diesel 21 pence per litre £158.25
Super Unleaded 33 pence per litre £495.00
Premium Diesel 27 pence per litre £289.29
  ** These statistics are calculated based on common, average price-spreads by town. Full disclosure of the formula can be found here.

Relaunching this week, the app has undergone a major revamp and now boasts a new look and feel, additional services, plus increased functionality. It now compares fuel prices for all UK petrol stations, across all major fuel types, with up to 50 stations being delivered per search, which is more than any of its competitors.

For the first time ever, drivers can see a full page of information about every UK petrol forecourt and in return for sharing their ratings on the facilities and service, members will earn points that can be converted into rewards, such as a weekly fuel prize draw, which will become available in the next release of the app later this year.  

The upgrade comes as the motoring industry is undergoing some seismic and disruptive shifts. The face of petrol stations as we know it is also changing and he amount of dwell time on forecourts is set to increase. As it does, it is expected that petrol station operators will bring in a new range of services to cater to expectations around service, cleanliness, product offer and facilities. 

The latest version of the PetrolPrices app is available on iOS and Android now and completely free to download and use.  Anyone who submits a station review on the app in August will be entered into a prize draw to win one of ten free £30 fuel fill ups.

Commenting on the latest app release, Jason Lloyd, Managing Director “The latest app release is as close as we can get to the website service, which has helped millions of drivers save money on fuel since 2005. The next stage will bring driver rewards and an upgraded garage experience, the underlying purpose of these new features is to help drivers avoid paying full price for fuel or the things they need for their vehicle.”

PetrolPrices has over one million active members, saving up to £200 on average per year, and over the last thirteen years it has helped over four million people save money on their fuel.