Motoring Costs 2007

Rising costs leave motorists worse off this summer

Annual running costs for a petrol car in the UK, calculated at the start of the new financial year, went up on average 2.75 pence per mile, AA Motoring Costs 2007 reveal. Compared to the same time last year, it now costs £77 more to keep a typical small family car on the road.

And, in recent weeks, petrol price and interest rates rises have increased motorists' financial burden even more, adding almost another penny to the cost of each mile driven. Supermini owners, the only car-owning group to be marginally better off at the start of the new financial year, now face the summer losing out by two-thirds of a penny a mile.

For owners who drive a typical 10,000 miles a year, motoring costs in early April were calculated at:

Petrol

  • ranging from 35.86 pence per mile for the smallest cars to 111.88 for the largest;
  • averaging across the range 65 pence per mile, compared to 62.25 last year.

Download a pdf document comparing 2006 and 2007 petrol car running costs

Diesel

  • ranging from 35.03 pence per mile for the smallest to 95.44 for the largest;
  • averaging across the range 59.61 pence per mile, compared to 57.77 last year.

Download a pdf document comparing 2006 and 2007 diesel car running costs

The cost of running a small family car over the 10,000 miles was £5,611, up from £5,534 last year. But, a rate rise in May and a four-pence increase in the price of petrol lifted that cost to £5,685.

Supermini owners initially enjoyed motoring costs that were a fraction of a penny cheaper per mile than last year. However, the interest rate and petrol price rises in May raised their annual cost from £4,336 to £4,401, leaving them £65 worse off over 10,000 miles.

"Over the past two years, the cost of motoring has dipped and made it cheaper to run a car. However, gains were lost during periods of high fuel prices. This year, only superminis started with a tiny improvement – quickly negated by the interest rate rise and soaring fuel prices," says Vanessa Guyll, technical specialist for AA Public Affairs.

"Insurance, depreciation and fuel are the three main elements in the cost of motoring and, on average, all are costing more and wiping out savings from longer tyre life and servicing intervals. As most owners come to pay their motoring bills, each is more expensive than last year's – undermining claims that cars are getting cheaper to run. "

AA Running Costs 2007 and archive of running costs

 

5 June 2007