Average motoring costs up by 21%
* Insurance up by 30.7% * Fuel up by 22.9% * Annual running costs up by 21.1%...
Drivers are paying 21% more to run their cars than just a year ago, new research has found.
A Sainsbury's Finance study found that that the average motorist has suffered a 537 (21.1%) increase to their annual motoring budget.
On average we're paying 320.69 more on fuel, while insurance costs have risen by 30.7%.
How to reduce your running costs
For advice on how to reduce your fuel and insurance bills, download our free What Car? factsheets.
How to lower your insurance bills
Cost of motoring
Item
Insurance
Fuel
Servicing
MoT
Tax
TotalAverage cost 2010
623.56
1400
301
54
173.07
2551.63Average cost 2011
814.80
1720.69
317.25
54.85
181.92
3089.51Increase
30.7%
22.9%
5.4%
1.6%
5.1%
21.1%
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