For young drivers, getting on the road involves various costs that can add up. Learning to drive typically costs around £1,350, and after passing your test, you’ll need to think about additional expenses, such as buying a car, paying for tax and insurance, and managing everyday costs like fuel and maintenance. With this in mind, Claire Wills-Mckissick, a … [Read more...]
Rising costs worry motorists
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...]
Escalating costs of essential cars
New research by LeaseCar UK revealed drivers could have to pay up to £30,000 in their first year of owning a vehicle. It’s no secret that owning and running a car is one of the biggest outgoings, but one deemed as necessary by 69% of the UK. More than 11 million Brits have less than £1,000 in savings - making buying a car outright impossible for many … [Read more...]
Women more likely to give up a car, says Carwow
Over one in ten (11%) Brits have sold their car due to financial necessity, according to Carwow, the online car-changing marketplace. Of these, 58% were female, and 42% were men, suggesting that women are more likely to give up their car due to financial pressures. Selling a car because of financial pressures is more common among those aged between 40 and … [Read more...]
Bigger vehicles should pay more to park, pollsters told
Six out of 10 people believe that drivers of 4x4s and other large cars should pay more to park in city centres, according to research. April’s Startline Used Car Tracker also shows that 37% say such vehicles are too big for city streets and the same percentage that they are too polluting. And just over a fifth (22%) think that charging more money will help … [Read more...]
Young drivers skipping safety costs, says the RAC
Inflation and the cost-of-living crisis are worryingly causing young drivers not to maintain their cars properly, risking their safety and that of other road users, says the RAC, and its particularly bad in Wales. A quarter of young drivers aged 17-24 (26%) say they have put off necessary repairs to their cars to save money while nearly three-in-10 (28%) … [Read more...]
Veygo finds learners slow to drive
A new study analysing the latest DVLA data by Cardiff based learner driver insurance company Veygo shows more people are putting off learning to drive until later in life. It also reveals drivers under 30 are now less likely to get their full licence, despite provisional licence ownership growing since 2019. Learning to drive is a costly endeavour and the … [Read more...]
Testing time runs out for MoT change view
A split is developing over the Government’s proposal to extend the first MoT Test from three to four years. Consultation on the proposal ends tomorrow night. The Independent Garage Association (IGA) has responded to the Department for Transport’s (DfT) consultation proposing changes to the MOT frequency and other MOT enhancements. Stuart James, IGA Chief … [Read more...]
Newslines 15 November
British chemicals specialist and sustainble technology company Johnson Matthey has pulled out of the UK battery industry. The company said potential returns would not justify future investment and it is instead looking into hydrogen and decarbonisation systems for transport. Vertu Motors says Brits need to save £6,098 to afford to be a new driver for … [Read more...]
GoCompare say motoring costs are falling for new drivers
The overall cost of getting on the road has dropped from £6,846 in 2019 to £5,703 in 2021. A new report out today from GoCompare Car Insurance has revealed that the cost of getting a young driver on the road has fallen to a three-year low of £5,703, down from £6,071.00 in 2020 and £6,846 in 2019, representing a 20% fall over three years. The combined … [Read more...]
