An Eye-Opener For The Younger Generation

[Slogger]

Petrol today - £1. 32 plus per litre.
Petrol in 1968 - when I was 30 years old - 2.66 PENCE PER LITRE. - 12p per GALLON. Don't think my income has risen by that much!!

[piper107]

i had a Vauxhall wyvern in 1963 i bought 10 gallons a week of Olympic petrol for £2,my wages were around £12.10.00

[New Judge]

//TBF judge for a comparison you need to tax the tax off beer!//

OK then, tax on a litre of fuel is roughly 70p (58p excise duty plus VAT). So on a pint that comes to about 40p. This makes the pre-tax cost of a pint of fuel around 35p.

Tax on a pint of 4% beer is roughly 50p (42p excise duty plus VAT). So the pre-tax cost of a £4 pint of beer is £3.50.

[ToraToraTora]

they put the vat on the whole thing judge, so that brings it down to £2.80 assuming your figures are correct. Still, as you say much dearer than fuel.

[New Judge]

I don't know where slogger got the 10p a gallon figure from. As mentioned, 6 shillings is probably nearer the mark. In 1968 I was riding my brand new Lambretta SX200 and I can recall a gallon being over five bob. "Two stroke" was a little dearer as it has lubricating oil added. Most of the time I didn't use it but preferred to add my own two-stroke oil which I carried around with me. I'd heard tales of filling stations using reclaimed sump oil to make their two-stroke mixture!

[johnny.5]

but back in 1968 the petrol was a lot easier to syphon :~)

Am I Right ?
I'm Not Wrong !

[New Judge]

//they put the vat on the whole thing judge,//

Yes, quite true Tora. It's just stopped raining and I've got to go out, so don't have time to do more sums!