Many young drivers are not maintaining their cars properly due to inflation and cost-of-living pressures, a new survey suggests.
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Average car insurance premium increases by 19% in three months
The average cost of car insurance has risen by £338 in the last year, with premiums soaring by £148 in the last three months alone.
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Increased parking revenues a ‘cash cow’ as councils make nearly £1bn
Annual revenues from council parking operations in England have reached nearly £1 billion, new figures show.
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Fuel price warning as oil hits 2023 high
Oil prices have hit their highest level of 2023, raising concerns that fuel prices will follow suit. This is bad news for consumers, who are already struggling with the rising cost of living.
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Drivers hit by one of the largest monthly fuel price hikes in 23 years
The average price of petrol in the UK rose by 7p per litre in August, the fifth largest monthly increase in 23 years. Diesel prices also rose by 8p per litre, the sixth largest increase over the same period.
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A quarter of drivers delay servicing due to the cost-of-living crisis
Nearly a quarter (23%) of motorists are delaying having their car serviced or carrying out maintenance themselves as a result of the cost-of-living crisis.
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Petrol falls below 145p a litre for the first time in 18 months
The price of a litre of unleaded dropped to 144.95p on Sunday 14 May – its lowest price since 3 November 2021.
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Diesel drivers overcharged by 16p a litre as wholesale price was lower than petrol for all of April
The price of diesel fell by nearly 4p a litre in April but still remains at least 16p more expensive than it should be as it’s now 6p cheaper than petrol on the wholesale market, according to data from RAC Fuel Watch.
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Insurer sees ‘worrying’ increase in lack of car maintenance as living costs rise
A “worrying” increase in car maintenance being neglected as living costs rise, with potentially dangerous consequences, is being seen by an insurer.
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Fuel prices fall for fifth straight month, but diesel still seriously overpriced
Fuel prices fell for the fifth straight month in March with another penny coming off petrol and 4p off diesel, according to data from RAC Fuel Watch.
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Wholesale diesel now same price as petrol yet 17p gap on forecourts remains
The wholesale price of diesel is now on a par with petrol yet diesel is still being sold for 17.5p a litre more on average at forecourts across the UK, data from RAC Fuel Watch reveals.
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Price of diesel falls below 170p per litre for first time since March 2022
The average price of a litre of diesel has fallen below 170p for the first time in 11 months.
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Drivers turn off car heating to help cut fuel consumption, says survey
One in six drivers (16%) turn off their car’s heating in an attempt to save on fuel costs, a new survey suggests.
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The average price paid for motor insurance rose by 8% in the final months of 2022
The average price paid for motor insurance jumped by 8% in the last three months of 2022, according to the Association of British Insurers (ABI).
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2022 has been ‘the most volatile year’ for fuel prices, says watchdog
The Ukraine war and a weaker pound have made 2022 a ‘terrible year for drivers’ with fuel prices at their ‘most volatile’ on record, according to a study published today.
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One in three drivers struggled with the cost of motoring in the past month
More than one in three motorists have struggled to afford the cost of driving in the past month, a new survey has found.
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More than a third of young motorists delay car repairs to save money
More than a third of drivers aged between 17 and 24 are putting off key repairs to their vehicles in an attempt to reduce their outgoings, a new report has shown.
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Drivers denied 10p cut in petrol prices
Drivers are being denied a further 10p cut in petrol prices due to major retailers hiking profit margins, according to new analysis.
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Young drivers hit with £385 year-on-year jump in car running costs
The cost of running a car for young drivers has risen by an average of £385 in the past year, according to new figures.
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Used car prices rise again with ‘no crash in sight’
Used car values have risen for the 29th month in a row, quashing fears of a crash in prices.
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