Wednesday, August 08, 2007
Falling car running expenses slow motoring costs
A fall in the day-to-day expenses of running a car has slowed the overall total cost of motoring in the UK.
RAC Direct Insurance's annual Cost of Motoring Index reveals that average daily running costs for an average family car have fallen close to the levels of 2005, seeing the total cost of motoring rise by only 3% year-on-year, compared with an 11% increase the previous year.
The average family car now costs £5,627 a year to keep on the road, an increase of £162.70 year-on-year.
DATED: 08.08.07
FEED: AW
RAC Direct Insurance's annual Cost of Motoring Index reveals that average daily running costs for an average family car have fallen close to the levels of 2005, seeing the total cost of motoring rise by only 3% year-on-year, compared with an 11% increase the previous year.
The average family car now costs £5,627 a year to keep on the road, an increase of £162.70 year-on-year.
DATED: 08.08.07
FEED: AW
