A new poll reveals that 93% of British motorists believe getting around is becoming increasingly expensive, as fears grow that international tensions will have a lasting impact on fuel prices. The survey of 1,000 drivers found that more than nine in ten would support a fuel price cap to prevent petrol costs from continuing to spiral.
Impact on Driving Habits and Budgets
As a result of rising costs, three in ten drivers have postponed non-urgent maintenance and repairs to their vehicle, while 64% have reduced the number of non-essential journeys they take. The study also found that more than six in ten said their car is the biggest part of their budget.
Matt Barrick, CEO of CarSupermarket.com, which commissioned the research, commented: “The cost of simply getting from A to B is becoming too much for many, and the uncertainty in the Middle East is only adding to motorists’ worries. Cars play an important role in helping people get around, particularly those in more rural areas where public transport links aren’t as efficient.”
Car Ownership Seen as a Luxury
Nearly three-quarters (72%) of drivers believe owning a private car has become a luxury, a view particularly strong among younger generations, with nine in ten motorists aged 18-24 agreeing. Despite this, 85% said they would not be able to get around as they would like without a car.
To combat financial pressures, 57% are exploring more sustainable travel options, with 44% using public transport more. This rises to 66% among those aged 18 to 24. Additionally, a quarter (26%) have switched to more environmentally friendly options, such as electric vehicles (EVs).
Monthly Car Financing Costs
On average, British motorists spend £466 per month financing their car. However, costs vary significantly by age: 15 to 34-year-olds spend the most at £789 per month, while those aged 50 to 64 spend the least at £293.
Lack of Awareness About Reconditioned Cars
A separate study of 1,000 adults found that just 12% know exactly what a ‘reconditioned’ car means. Among those who do, 40% would consider buying one, with 58% highlighting the balance of cost and quality as a key reason, and 42% citing the increased thorough inspections and warranty.
Matt Barrick added: “We are seeing more people switch from traditional fuels to more sustainable options like EVs. Many drivers come in asking about reconditioned electric vehicles because the cost of running a petrol or diesel car has become too high. With our reconditioned promise, customers can get cars they can trust, having been checked and with all necessary work carried out to make them roadworthy. And if they do face any issues, they have a minimum 12-month warranty which allows them to bring it back if they spot something that isn’t right.”
