RE: Brits cop it in the pocket
RE: Brits cop it in the pocket
Wednesday 1st November 2006

Brits cop it in the pocket

UK tops European motoring costs charts


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Britain's the most expensive place in Europe to run a car -- as if you didn't already know, a survey released today by a large insurance company confirms it.

High fuel costs and taxes have put pressure on the wallets of UK motorists. However, other Europeans are not feeling the pinch quite as much and in many cases spend hundreds of pounds less than their British neighbours to own and run their cars.

Prudential Insurance found that the average running cost of a car in the UK was £485 more per year or up to 15 per cent higher than in Spain, Italy, France and Germany.

The annual cost of running a car in the UK came to £4,997 – £642 more than in Spain, £513 more than in France, £465 more than in Italy and £320 more than in Germany. Researchers looked at every aspect of car ownership and expenditure and found that in almost all areas, British drivers fared the worst.

It all begins from the moment British motorists leave the dealer’s forecourt. It can cost up to £2,000 more to buy a car in the UK than in other European countries and up to £2,000 a year is lost in depreciation.

British drivers are also hit with significantly higher annual road tax than in some European countries. In Italy, drivers don’t pay road tax at all and at £175 per year, the average Brit pays double than that of the Germans and Spanish and around 25 per cent more than the French. Fuel and annual service costs are also higher in the UK.

It isn’t all bad news though, as car insurance in the UK costs less than in many parts of Europe. A motorist in Italy can expect to pay £558 a year – more than twice that of the UK, where the average premium costs £250. The French also have a reasonably low rate of insurance at £340 although, unlike the UK, this includes accidental breakdown cover.

However, the UK is still one of the most expensive countries in Europe to run a car at 40p per mile with the average British driver covering almost 12,500 miles in a year.

Prudential Car Insurance’s research also reveals that many British drivers are unaware of the high cost of motoring in the UK. Over half (56 per cent) of drivers severely underestimate the average £416 per month running costs, reporting spend to be under £100. This means that Brits are actually spending more than four times what they think on driving. Over three quarters (77 per cent) of drivers did, however, recognise that driving in the UK is more expensive than in other European countries.

Tiff Needell said: “Wherever you live, driving is expensive; but the difference in costs between the UK and the rest of Europe are considerable. Not only do we pay more to buy a vehicle, day-to-day running costs are markedly higher than across France, Germany, Italy and Spain.  The research even takes into account costs for car parking, car washes and tyre replacements.”

Philip Southgate, Prudential Car Insurance spokesman comments, “There are a number of hidden costs incurred when running a car. You know how much your insurance is every month but that knocked wing mirror, tyre change or parking charge all add up. We Brits love our cars and every time we make a journey, we unknowingly add a little more to the monthly cost: fuel, parking, mileage and even penalties. Our research aims to make people more aware of the full cost associated with running a vehicle in the UK.”

Prudential’s five point plan to lower driving costs:

  • Shop around for car insurance to get the best deal and take advantage of online discounts.
  • Haggle with dealers to get the best trade-in and new or used car price and go armed with a car price guide.
  • Save fuel by reducing your speed, cutting down on use of the air-conditioning, minimising use of your heater and by removing any unnecessary weight from your vehicle.
  • By carrying out a quick 10-20 minute check-up on your car each week you would save money that would otherwise be spent on expensive repairs.  Get to know your owners manual and check tyres, lights, battery and brakes regularly.
  • If you're buying a new car, a smaller one will save you money on fuel and cost you less in tax as well as causing less pollution.  Cars with the lowest levels of emissions qualify for reduced tax (Vehicle Excise Duty) and if you live in London you may be exempt from the congestion charge (worth up to £2,000 a year).

Alternatively, find a new government that will cut motoring taxes.

The full version of Prudential Research is available to download from www.pru.co.uk

Author
Discussion

trenchtown

Original Poster:

147 posts

242 months

Wednesday 1st November 2006
quotequote all
A Pistonheads Update at 9:30 in the morning...

That's a first!

loach

3,357 posts

239 months

Wednesday 1st November 2006
quotequote all
Waaa waaa waaa. Try buying and running a car in Ireland. Petrol's a bit cheaper than in the UK, but it's all downhill from there.

splodge s4

1,519 posts

260 months

Wednesday 1st November 2006
quotequote all

Uk average insurance premium is £250? scratchchin Cant see thats right.

james_j

3,996 posts

278 months

Wednesday 1st November 2006
quotequote all
..and despite polluting way less than industry, including coal-fired power stations (to charge up some "green" electric cars laugh ) the government and left wing councils want to find more ways to wring more tax out of us.

jubileejim

153 posts

233 months

Wednesday 1st November 2006
quotequote all
We should all move to europe.... Oh yeh britain is part of europe. No escape then We best all march on brussels via the Nurberring

chris_h

1,065 posts

301 months

Wednesday 1st November 2006
quotequote all
name said:
.......and up to £2,000 a year is lost in depreciation.


I wish!!! Maybe on a Nissan Micra!!

scoobiewrx

4,863 posts

249 months

Wednesday 1st November 2006
quotequote all
splodge s4 said:

Uk average insurance premium is £250? scratchchin Cant see thats right.



I was going to say exactly the same....They must be joking, What planet are they on?? jester

I still say you should all go drive in the south of Spain. Cheap fuel at 1 euro a litre, loads of beautiful brand new roads, bugger all traffic and bugger all cameras!!
I'm off driving

Edited by scoobiewrx on Wednesday 1st November 12:46

Twincam16

27,647 posts

281 months

Wednesday 1st November 2006
quotequote all
So motoring in Britain is more expensive than anywhere else in Europe, and set to get more expensive.

Thing is, there are an overwhelming number of politicians who will actually be proud to discover this furious

bus_ter

353 posts

243 months

Wednesday 1st November 2006
quotequote all
splodge s4 said:

Uk average insurance premium is £250? scratchchin Cant see thats right.


I'll be having a party the day my car insurance is 'average'!

EDIT: Thinking about it if you include all those who pay £0 for their insurance (read: Don't have any) then maybe it does average out about that...

Edited by bus_ter on Wednesday 1st November 15:49

splodge s4

1,519 posts

260 months

Wednesday 1st November 2006
quotequote all
So they say the only positive thing about motoring in the UK is the cheaper insurance. I think its nearer double what they have quoted and I know for a fact a few people in the office here are paying more than 5x 'average' but if it is double, £500 say, that then puts us inline with every one else... so theres nothing better really about the costs of motoring in the UK. mad

Vesuvius 996

35,829 posts

294 months

Wednesday 1st November 2006
quotequote all


It isn’t all bad news though, as car insurance in the UK costs less than in many parts of Europe. A motorist in Italy can expect to pay £558 a year – more than twice that of the UK, where the average premium costs £250. The French also have a reasonably low rate of insurance at £340 although, unlike the UK, this includes accidental breakdown cover.

What, a month? What fvcking planet is the author of this little beauty on?

pumpkin

156 posts

264 months

Wednesday 1st November 2006
quotequote all
How does "minimising the use of your heater" reduce fuel costs? You don't even need to have a blower working to heat the car.

timberwolf

5,374 posts

241 months

Wednesday 1st November 2006
quotequote all
pumpkin said:
How does "minimising the use of your heater" reduce fuel costs? You don't even need to have a blower working to heat the car.


Yes, actually, this one interested me. Assuming your engine is up to temperature, how is running the coolant through the heater matrix significantly different to running it through the radiator?

I wouldn't trust their advice too much, though. Taking note of the recommendation to reduce my speed, I reduced it as much as possible - to zero. Burnt through an entire tank of fuel and didn't go anywhere. What a great tip that was.

drags06

454 posts

234 months

Thursday 2nd November 2006
quotequote all
I know its going off it a bit but its not just our cars that costs us more.
Our trucks cost us more also and thats not to mention other european trucks taking the work here useing cheep and somtimes sponsored fuel from europe in the trucks large tanks. Then to add insult they take the cash they get out of our country without spending much of it to buy a small amount of our fuel should they need any to get them back over! You can't blame them but WE sure are on a double wammy! Think this country has lost the plot!

jubileejim

153 posts

233 months

Thursday 2nd November 2006
quotequote all
Some of them even carry extra tanks so they don't have to buy any over here

I suppose our truck drivers would do the same if the role was reversed. However, the french would blockade the ports and things would soon change. If our government thought there would always be strikes they wouldn't charge so much. Similar to the 70s I imagine (not sure i was only 4 )

granville

18,764 posts

284 months

Thursday 2nd November 2006
quotequote all
The only thing keeping Britain as stuffed to the rafters as it is and so obviously, overwhelmingly attractive to mass waves of immigrants must be the conceived allure of our socio-economically disasterous benefits system - there is f@ck all else to attract them here.

Coupled to what was mentioned on R4 this morning as our new status of "surveillance society," not to mention purveyor of probably the 'civilised' world's most risible youth and general mauling at the hands of a post '97 legion of state employed, leftist dependants for whom free enterprise, broad individual mobility in all economic and physical spheres is something to be perpetually hindered and one does weep with greater pathos than usual at the office portrait of Wellesley.

Little better signifies so outwardly that very spirit of progress than the automobile and afaic, the faster it is, the better it is.

However, this passionate conviction is so diametrically at odds with the horrors of the previaling zeitgeist that eventually a violent resistance will come to pass.

Diabolical.

peter pan

1,253 posts

247 months

Thursday 2nd November 2006
quotequote all
If one factors in, that despite paying more for motoring in this country, the condition many of our roads would now shame third world countries, it makes the money this car hating government takes off us even more disgusting (Not that the plastic tt now heading the tory party is going to make things any better!) With the cash the UK motorist pours into the `system' we should have the best roads this side of the galaxy. The government are starving to death, the goose that has up to now, laid a large number of its golden eggs.

scalper

221 posts

264 months

Thursday 2nd November 2006
quotequote all
. said:
British drivers are also hit with significantly higher annual road tax than in some European countries. In Italy, drivers don’t pay road tax at all and at £175 per year, the average Brit pays double than that of the Germans and Spanish and around 25 per cent more than the French. Fuel and annual service costs are also higher in the UK.

who did the reasearch for that article?

In Italy we have to pay a road tax of €2.58 for every kw of engine power: a sportscar with 400bhp (294kw) would have to pay the equivalent of over £500 per year

Edited by scalper on Thursday 2nd November 10:41

andy.shent

73 posts

250 months

Thursday 2nd November 2006
quotequote all
Now if you go to France there is NO road tax!!! and the M.O.T. is every TWO years. you also need a sticker in the window to show you have insurance. and petrol/diesel is not far of 70p a Litre. French cars also hold their price second hand, mind tho you would'nt like to be paying £1200 for a clapped out 12 year old Ford sierra!!!( for sale on the Estry road out of Vere, Normondy, two years ago)

audidoody

8,598 posts

279 months

Saturday 4th November 2006
quotequote all
Oh yeah - turn the air conditioning off and then open all the windows. That'll really help save fuel


Edited by audidoody on Saturday 4th November 19:42