Annual motoring costs hit £5,000

View Pictures

Motoring costs have risen by more than 10% in the past 12 months to push the average driver's bills beyond £5,000 per year for the first time.

Environmental pressures and the credit crunch are blamed for the leap in motoring costs.

Poor public transport is also blamed for not providing a viable alternative in a report published by Motor Insurance.

The report says the average driver is now paying out £5,540 for a year's motoring.

Fuel is the largest single factor in this cost, with depreciation second and finance payments third.

In the last five years, drivers have seen the price of petrol rise by 71%.

Motor Insurance managing director Paul Cosh said: "Britain's drivers are paying too much simply to use their cars for commuting and daily transport."

Alisdair Suttie

Send by Messenger

Email this article

 Print

• Picture Gallery
• New & Used Car : all offers
• More motoring news
• Message Boards - Talk about it

Latest Message Board Threads

Re: Petrol, Diesel, Tax and a big fat con (david r)

Honda Jazz sports rear spoiler (scott h)

Re: What is the best car for a first-time driver? (Andy K)

Re: Ford Transit Minibus Fuel Consumption (June S)

Related Videos for ford

	Ford Kuga review Mark James gets behind the wheel of Ford's new 4x4.
	Ford Focus 2.0 TDCi Titanium More of a facelift than a fundamental redesign, the new Focus has nonetheless acquired new-found character and gravitas.
	Ford Focus Coupe-Cabriolet CC-3 A by-product of the seminal hatchback, the Focus CC is bound to succeed, but even so there are one or two reservations.