Motoring costs head drivers’ list of worries

Most motorists says running a car is their biggest financial concern, according to a survey.
By The Newsroom
Published 31st Jul 2012, 07:00 BST

As many as 63 per cent of drivers put motoring costs ahead of such worries as paying rent, a mortgage or job security, the poll by Auto Trader found.

A separate survey by the company found that the price of second-hand vehicles fell five per cent to £8,620 in the period April to June 2012 compared with the same period last year.

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The poll of 2,215 motorists found that 55 per cent had less disposable income in April-June 2012 than in the same period last year.

More than half (53 per cent) were looking for a vehicle that was cheaper to run, with petrol prices being a primary concern for 82 per cent and the cost of car insurance being a worry for 67 per cent.