Running a
car is expensive, from
car finance payments or the upfront cost of a
vehicle, through to
car insurance and
tax, not to mention
fuel and
servicing costs.
A recent
RAC survey indicated that the cost of
driving a car is actually falling. The RAC report claimed:
In real terms it is 18% cheaper to buy and run a car,
including fuel costs, in 2008 than 1988.
However, some aspects of running a car are more expensive,
including fuel costs. The RAC survey indicated that the average
cost of running a car was £5,627 per annum. Lowering the cost of
motoring needn’t be difficult though.
Driving economically can
save money, as can maintaining your car. Getting a competitive
MOT and not paying too much
for car finance is another saver, and cutting premiums
on car insurance is possible by building a
no claims bonus and shopping around.
