Fuel News from Be Wiser

Cost of Motoring to Increase

Rocketing petrol and diesel costs have contributed to a 17% increase in the overall cost of motoring in the UK.

Coupled with hesitant car buyers and limited access to car credit increasing depreciation by a massive 35%, motorists are now forking out 19% more to keep their cars on the road.

The average motorist is paying £600 more in tax a year. However the Government’s proposed tax rise won’t deter motorists, with 76% saying they would not be put off by an increase in tax costs.

There are precautions to take into consideration such as driving in the highest gear possible without laboring the engine. A vehicle travelling at 37mph in third gear uses 25% more fuel than at the same speed in fifth gear.

Simple things like keeping your tyres at the right pressure can help improve the fuel efficiency of your car. Under-inflated tyres increase your fuel consumption by about 2%.

Over 36% of drivers are considering buying a car that is cheaper to run than their current model in order to save money on motoring costs. Nearly one in five motorists is contemplating changing their car for one in a lower insurance category.

The average overall cost of motoring has risen to £6,133 to keep a car on the road - a 19% increase from previous figures.

As the consumer champion for UK motorists, RAC urges both fuel retailers and the Government to help ease motorists’ monetary pain. Only if action is taken can we see the cost of motoring come down.

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