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The Cost of Driving Over a Lifetime

CAR RUNNING COSTS OVER A LIFETIME MONEYSUPERMARKET HAS CRUNCHED THE NUMBERS TO FIGURE OUT JUST HOW MUCH THE AVERAGE BRITISH MOTORIST WILL SPEND ON CAR RUNNING COSTS OVER THE COURSE OF A LIFE-TIME. IT SHOULD BE NOTED THAT THESE TERRIFYING CALCULATIONS DO NOT TAKE ACCOUNT OF THE COST OF BUYING A CAR OR EVEN THE COST OF LEARNING TO DRIVE... PASSING YOUR DRIVING TEST IS A BIG DAY IN ANYONE'S LIFE. IT GIVES YOU A NEW SENSE OF FREEDOM, BUT IT ALSO OPENS UP A WHOLE NEW WORLD OF HEFTY AND OFTEN UNEXPECTED RUNNING COSTS. TAKING INTO ACCOUNT THE MOST COMMON AGE TO PASS A TEST IS 18, THE AVERAGE BRITISH DRIVER WOULD SPEND WELL OVER £200,000 ON MOTORING OVER THEIR LIFE-TIME IF PRICES REMAINED AT THEIR CURRENT LEVELS - AND BECAUSE WOMEN TEND TO LIVE LONGER, THEY END UP PAYING MORE. UNSURPRISINGLY, FUEL TURNED OUT TO BE THE BIGGEST EXPENSE, WITH CAR INSURANCE NEXT ON THE LIST. TOTAL COST TOTAL COST (MAN) (WOMAN) Car Insurance £31,155.00 £33,015.00 Road tax £10,720.00 £11,360.00 Breakdown £3,350.00 £3,550.00 Cover Tyres £5,817.61 £6,164.93 Servicing £20,784.74 £22,025.62 Replacement £12,821.12 £13,586.56 parts Parking £11,296.20 £11,970.60 Fuel £106,064.25 £116,042.55 OVERALL £202,008.92 £217,715.26 COST TM MoneySupermarket com

The Cost of Driving Over a Lifetime

shared by Moneysupermarket on Apr 08
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How much do you think you will spend on your car over the course of your lifetime? MoneySupermarket has crunched the numbers and found that the average British motorist will spend over £200,000 on c...

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motoring cars

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Transportation
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