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Rising insurance contributing to soaring car maintenance fees

Rising cost of car maintenance Rising insurance premiums are a big factor in the escalating cost of keeping a car legal and on the road.

According to a new study from uSwitch.com motorists will be forced to spend nearly £4,000 on their cars next year, a price which encompasses insurance, the rising cost of fuel and new tax bands. The figure will account for nearly a quarter of each motorist’’s net salary and over 90 per cent of the average market value of a car, meaning many will be searching for current insurance offers.

Ann Robinson, director of Consumer Policy at uSwitch.com, told headlinemoney.co.uk: "We are heading towards a situation where motorists are going to be priced off the roads. At £2.30 per litre a driver’’s annual spend on petrol will soar by almost £2,000. Drivers are also going to need to contend with rising insurance premiums and increased road tax as announced in the Budget."

She added: "As a direct result of these price hikes, motorists are going to be forced to think carefully about when, where or even if they use their cars… Those in rural communities, the elderly and lower income families will really suffer."

Motorists are advised to drive economically or leave the car at home if they are able to.

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