Cost of running a car could hit £3,800 in 2009

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Cost of running a car could hit £3,800 in 2009

Fri 13th Jun 2008

Running a car could cost £3,800 annually in 2009 if the price of petrol hits £2.30 a litre as predicted, uSwitch has warned.

The watchdog noted that this will mean the average car is worth only £385 more than the cost of keeping it on the road for a year.

It states that £3,800 is 24 per cent of the typical predicted net salary and 91 per cent of the average car's value.

Currently, British motorists typically pay £65 to fill their tanks, which is 33 per cent more than in 2007.

Ann Robinson, director of consumer Policy at uSwitch.com, said: "We are heading towards a situation where motorists are going to be priced off the roads. 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."

In related news, the Post Office recently found that Spain is the cheapest place in the eurozone for a motoring holiday

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