The price of fuel remains by far the most pressing concern for motorists according to new research by vehicle remarketing company BCA. Three quarters of used car buyers surveyed during March 2013 said the price of fuel was their biggest worry in terms of motoring costs.
It also seems motorists are taking practical action to reduce costs. 29% say they now only make essential car journeys and over half use their car less for non-essential travel. 20% said they use public transport more and 23% walk more.
Changing to a more fuel efficient model also appears to be a growing trend with 15% saying they have already taken this step. Nearly one in five have changed to a diesel car to cut motoring costs. One in four searching online for the cheapest petrol station.
Tim Naylor, editor of BCA’s Used Car Market Report, commented: “It is clear from our survey that motorists are continuing to feel the financial pinch, as the costs of running a car continue to rise.”