We have all seen the constantly increasing price of petrol in recent times. So you will not be surprised to hear that the increasing cost of petrol is one of the main factors causing the cost of running a car to jump by 20%. In addition insurance premiums have risen significantly.

The table below compares costs of motoring now with 12 months ago.
image
The average running cost is now £3,090 – 21.1 per cent more than the cost on April 1, 2010.

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Teacher of Economics

Nottingham High School, Nottingham

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