I would think it depends on how many miles you intend to do
& how long you are keeping the vehicle for.
A year or so it was a no brainer,
but the LPG prices are rising in a serious way.
At nearly ?6 a gallon for 'petrol' you might get 12-15 miles per gallon,
say ?60 for 150 miles max.
(7500 miles cost at least ?3000)
with 'LPG' @ 70 pence a litre
& getting 2 miles to the litre will give 20 miles for ?7.
?70 would give you around 200 miles.
(7500 miles cost around ?2625)
As well as the LPG cost,
you may well still be starting on petrol so factor that in..
It shouldnt effect your annual insurance costs.
The difference now is as a penny a litre goes on petrol,
it goes on gas these days, & you need around twice as many litres of LPG.
Also worth considering is if the engine is sound
& worth fitting a LPG conversion to.
Second hand system for a few hundred pounds
& maybe require a Certificate from a fitter if your insurance require, (check that out with your insurance company)
or
get a new system fitted professionally. over ?1000 possibly.
http://www.wellsidemotors.co.ukhandy for a quick check on your local LPG prices.
www.petrolprices.comgeorge