The gasoline crisis has returned in a way we have not seen for decades. Will it end anytime soon? Is it a good time to buy electric or is it still possible to find something affordable and fun while saving gas?
Is it time to buy electric?
It seems so many new electric vehicles are hitting the market today. From the traditional car companies such as the Chevrolet Bolt to new luxuries, such as the Lucid Air, there seems to be no end to electric vehicles to choose from. Car and Driver states that an electric vehicle, though initially higher to purchase, saves fuel costs in the long run. And according to the same magazine list on electrical vehicles, the cheapest and most fuel-efficient or should we say “fuel eliminated” car you can own is the Nissan Leaf.
So there you have it — Yes, you can purchase a fun and fuel-efficient, or more precise fuel eliminated car.
End of article.
HOLD YOUR ELECTRIC PONIES!
Yes, electric cars are getting more affordable and of course, owning one, in the long run, is also cheaper yadda. Considering that the average price of fossil burning vehicles has risen, according to KBB, to a whopping $47,000, it seems we’re all headed to an electric car future – cue Metallica, Fade to Black!
Wait, before you hand over your hard-earned American dollars to the electric car overlords
That song came out in 1984, almost 10 years after the American oil crisis. With Japanese engineering help, car manufacturers were still producing affordable gas-saving vehicles such as the Honda Civic, and the most cost fuel-efficient vehicle of that era was the VW Rabbit diesel which got 45mpg.
You can almost say that car was fun and fuel-efficient.
Lowering Fuel Prices and the return to high horsepower vehicles and higher MPGs.
Of course, as fuel prices began to lower, we started seeing car manufacturers returning to bigger cars, doubling in horsepower and lowering in MPGs. However, luckily, they didn’t stop making or developing small, affordable, and fuel-efficient compact vehicles.
Even amid the return of the Chevy Cameros, and Ford Hummers and introductions to SUVs, auto manufacturers were still developing sport compact vehicles that were small, fuel-efficient, and fast. They created legendary vehicles such as the 1976 VW GTI, or the 1986 Ford Escort Cosworth (Europe only), with a max speed of 149 mph, and mpg of 38.2.
Fast Forward to Today
Barely recovered from the pandemic, and with the U.S. blocking Russian oil plus, other goods and with the invasion of Ukraine, prices, and shortages, don’t seem to ease anytime soon.
Due to current political or macroeconomic circumstances, there is a big demand for cheaper, fuel-efficient vehicles. And, as we covered at the beginning of the article, perhaps electric vehicles are the only and final answer to ride out the future of fluctuating rising fuel prices.
But, even though this may seem like a good time to buy electric vehicles, consider one particular electric vehicle cost, that was just announced, $170,000 — almost more than half of the average price of a house in the US. Are we ready for 15-year car loans? Will electrical vehicles even last 30 years to make up for the cost of rising fuels?
If history is any indication, other options are worth considering that are affordable, fuel-efficient, and fun to drive. In the past year, we saw the return of great legendary sports cars such as the Toyota Supra and the Nissan 370z.
However, if you are looking for something sporty, family-friendly, fun yet fuel-efficient, according to Hot Cars experts, these are some of the best hot hatches options of 2022-2023 to save money on gas.
The top 5 fuel-efficient hot hatches
Hyundai i20 N
The Hyundai I20 N is the most fuel-efficient hot hatch on this list, returning a combined 33 MPG. It is Hyundai’s first hatchback, and it has not done badly. Its manufacturers were inspired by their winning car in the World Rally Championship, which makes it potent and eye-catching at first sight. The I20 N comes with a larger air intake, thicker bumpers, a rear diffuser, and a roof-mounted spoiler.
This vehicle is powered by a 1.6-liter turbocharged four-cylinder engine generating 204 bhp. The 0-60 mph takes 6.7 seconds, with a top speed of 143 mph.
- Fuel Economy: 33 MPG.
Volkswagen Golf GTI
One of the most emblematic hatchbacks on the market. Its current version was launched in 2020 and has gained some widgets since then. But none of us forget the mythical GTI of 1976, from which all the other models would later come off. The GTI is powered by a 2.9-liter turbocharged four-cylinder that produces 245 hp.
This car takes 6.4 seconds to go from 0 to 60 mph in the manual. And 6.2 with the dual-clutch automatic DSG. Its top speed is 155 mph.
- Fuel Economy: 32 MPG.
Toyota Corolla Hatchback LE Hybrid
This Toyota exterior design is fun and playful, while the interior is classic and youthful at the same time. It keeps the sporty vibe of its predecessor and the safety standards that have always characterized Toyota. Select models can have a manual transmission, and the sedan offers a unique fuel-efficient hybrid powertrain. The Corolla hatchback gets an EPA-estimated 31 mpg (about 9 cents per mile) combined with six-speed manual transmission or up to an impressive 35 mpg (about 8 cents per mile) with the automatic. Its top speed, however, is a bit lower than the other cars on this list, achieving a maximum of 115-mile.
Finally, its 1.6L, 3-Cylinder direct port-injected turbo engine delivers 300 hp and 273 pound-feet of torque.
- Fuel economy: 31 mpg (about 9 cents per mile).
Ford Fiesta ST
The standard Ford Fiesta has been one of the favorite hatchbacks on the market, as its cost-benefit ratio is quite flattering. Well, the ST does not disappoint either. The car’s damping system stiffens the suspension to assist in tight cornering and then normalizes when as much grip is no longer needed. The car is powered by a 1.5-liter, 3-cylinder turbocharged engine, and it produces 200 hp.
It takes around 6.5. seconds to go from 0 to 60 mph and its top speed is 143 mph.
- Fuel economy: 28 MPG.
Toyota Yaris GR
This is the fastest hatch on this list. In fact, it takes a second less than all its rivals. It goes from 0 to 60 mph in 5.5 seconds. But, like the others here, its top speed is 143 mph. The GR is powered by a 1.6 -liter turbocharged 3-cylinder engine that produces 260 hp. The car returns a combined MPG of 28. Like the Hyundai I20 N, Toyota also designed this car to give ordinary people the joy of driving a counterpart to the car that competed in the WCR.
- Fuel economy: 28 MPG.
Ultimately the Choice is Yours
So can you buy a car that is fun and fuel-efficient? If you’re looking for a fuel efficient car then the answer is yes. Fun on the other hand is subjective, but based on looks, performance and feel, I know which I would choose
On a final note, we hope soon we won’t need to comprise, and eventually get an all-electric hot hatch here in the US? Hello Honda, I’m talking to you!
Why Choose RCG?
If you’re planning to purchase one of the newest top 5 fuel-efficient vehicles or lucky enough to find a classic hot hatch, RCG can assist in arranging pick-up and delivery anywhere in the US regardless if its running or not.
For almost two decades, whether you’re buying from a car auction or private seller we’ve connected buyers with their dream vehicles and we have the expertise to deliver them reliably and safely.
Don’t take any chances, contact us if you have questions or start a quote if you already found the car of your dreams.