Fuel prices remain top concern for motorists

Thursday, April 10, 2014 - 11:30
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CONCERN: Do fuel prices worry you?

Fuel prices remain the top concern for motorists, new research has revealed – despite the Chancellor’s Budget duty freeze.

The study, by British Car Auctions (BCA), showed more than 70% of drivers are concerned about pump prices – the same as in 2013.

Cost of road tax, insurance costs, vehicle maintenance and parking completed the top five worries.

Tim Naylor, Editor of the BCA Used Car Market Report, said: “With nearly three-quarters of respondents to our survey using their car every day, clearly every aspect of the cost of motoring is a worry.

“The cost of fuel remains top of the list of concerns – despite the fact that the AA has reported a steady drop in prices over the last year.

“The reality is that fuel prices today are still much higher than they were just a few years ago – and for many motorists it’s hard to forget when unleaded was under £1 a litre.

“According to our research over one in five are convinced the fuel retailers are failing to pass on potential savings and a quarter of drivers are frustrated by the lack of action by the government to tackle the cost of motoring.”

“The reality is that fuel prices today are still much higher than they were just a few years ago…it’s hard to forget when unleaded was under £1 a litre.”

Tim Naylor, BCA

More than half of the motorists surveyed by BCA said that they would consider using their car less for non-essential travel if costs continue to rise.

Meanwhile, more than a quarter would walk more and one in five would cycle more.

More than a quarter also said they would use public transport more.

“More than one in ten drivers feel pressured by rising motoring costs because they need their car for work”, added Mr Naylor.

“More than half of our survey said they have considered changing their current car for a more fuel efficient model in the last 12months.”

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