Car ownership costs increase by 2.6%

Beat the energy price hikes! Switch today and save £482*

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

* Between 1 Jan 2018 and 30 Jun 2018, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £482 or more.

The annual cost of running and maintaining a car has risen by 2.6 per cent, according to a new study.

Research by Sainsbury's Bank claims that the combined costs of factors such as insurance, fuel, tax and roadside assistance has reached £2,259, an increase of over £50 from the same figure last year.

In response to the findings, the company's car insurance manager Joanne Mallon said that, while costs were high, there were ways that motorists could lower the amount they spend on their cars.

"The cost of motoring can be high but it is possible to keep it in check by, for example, shopping around for car insurance and fuel," she explained.

Sainsbury's findings come after its car insurance division found over two-thirds of motorists have admitted to "potentially dangerous behaviour" on the UK's roads in the past month.

The study also found that some drivers have revealed they have driven without wearing contact lenses or prescription glasses recently.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.

Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more