Almost seven out of 10 motorists (69%) are worried about petrol and diesel costs rising this year, reveals new research. January’s Startline Used Car Tracker also shows that 60% are concerned about rising insurance premiums, 47% the cost of buying a car and 42% the cost of servicing. Other costs expected to increase include repairs (41%), electric vehicle … [Read more...]
Rising costs challenge family budgets
This is going to be a tough year for families running cars who may be tempted to cut corners on costs. As the cost-of-living crisis deepens in 2025 with a second consecutive energy price cap rise and further utility bill increases on the horizon, hard-working households are also confronting difficult choices when it comes to car ownership, according to a … [Read more...]
Brimming your tank is past it
Almost one in five motorist, around 18%, are no longer “brimming” their tank when they fill up with fuel due to rising mortgage and rent costs. The impact of high housing expenditure on personal finances also means 12% have stopped using their car altogether while 10% want to swap their current model for one that costs less to run - and 5% may have to sell … [Read more...]
Rental-car hire costs up this summer
If planning a holiday this summer, beware of rising car hire costs. A 12-country study of car hire costs worldwide reveals that the average weekly price to hire a compact family car (e.g., a VW Golf) this summer has rocketed to £520 a week, compared to just £310 in 2019, an increase of £210 – a 68% rise. However, this is around £100 cheaper than last … [Read more...]
Watch fuel price drops to control costs, firms told
Fleets need to remain on top of fuel costs, says FleetCheck, as prices are predicted to continue to fall from the record levels seen in mid-2022. Peter Golding, managing director at the fleet management software specialist explained that interest in fuel management at a corporate level often tended to rise and fall in correlation to pump prices but that an … [Read more...]
Rising fuel costs slash accidents
Soaring fuel costs have left a hole in the pocket of motorists across the country, but it could be having an unexpected positive impact on the safety of Britain’s roads. That’s according to latest research commissioned by the UK’s largest independent road safety charity, IAM RoadSmart, which has revealed that potentially millions of motorists have changed … [Read more...]
Mortgage costs lower than some SUV refuelling bills
Some SUVs cost more to refuel each month than paying a typical property mortgage. Millions of SUV owners face paying well over £150, and as much as £200, to fill up at the pumps over the coming weeks, if the price of fuel hits £2 a litre. Car leasing comparison website LeaseLoco has looked at the fuel tank capacities of some of the UK’s most popular large … [Read more...]
Motoring costs revealed across Europe
Copenhagen is the most expensive European capital to own a car with London a close second. Denmark’s capital is the priciest place for motorists, coming out as the most expensive based on our index of 43 cities. London isn’t too far behind, living up to its reputation for being a costly capital in the number two spot, according to analysis by Vehicle … [Read more...]
Fuel prices soaring as diesel hits seven year high
Drivers are facing relentless rises in the price of petrol and diesel at UK forecourts this summer after another 3.4p and 2.7p were added to a litre of each respective fuel in July, said RAC Fuel Watch. Last month saw the largest rise in the price of unleaded since January and means on average a litre now costs 135.13p – a price not seen since late … [Read more...]
Costs and carbon footprint keeping drivers at home
Mounting concerns about the impact of emissions on the environment mean motorists are increasingly likely to leave their cars at home. But that’s not the only thing putting off drivers - six in 10 are also using their vehicles less and less because fuel is too expensive. However the research of 2,000 adults commissioned by EDF Energy … [Read more...]
