The cost of being a motorist is higher than ever

Being a motorist on UK roads is more expensive than ever. Whether it’s record diesel prices, high insurance premiums, or the price of getting behind the wheel in the first place. In fact, new car prices have risen at nearly 30 times the rate of disposable household incomes over almost a decade, according to Autotrader analysis for MG Motor UK. Ahead of the Autumn Budget (Wednesday 28 October), former racing driver, motoring journalist and Fifth Gear presenter Vicki Butler-Henderson is available for interview to help families explore how they can navigate the complex world of motoring, and get the space, equipment and practicality they need without stretching their budget. New figures reveal that almost two-thirds (62%) believe buying a new car has become less affordable than a decade ago, whilst a third would love to buy a new car in the next 12 months, but rising living costs are making them think twice. Purchase price is the most commonly selected buying priority (61%), followed by running costs (56%) and powertrain type (43%). The manufacturer is selected by 26%. Almost nine in ten drivers (88%) would be prepared to rethink their priorities to be able to afford the car they want. Added in-car features (42%) and the manufacturer (41%) are the leading potential trade-offs. Vicki will explain why broadening a shortlist is worth exploring before giving up useful equipment or space, and how to compare what different cars offer at the advertised price. Vicki’s tips for getting the most for your money: · Calculate the full ownership cost. Consider insurance, servicing and fuel or charging alongside the purchase price. With finance, compare the deposit, total amount payable and any final payment. · Compare fuel prices before filling up. Check forecourts along your usual route, weighing any saving against the extra distance needed to reach a cheaper station. · Broaden your shortlist. Compare manufacturers you might not usually consider against the same requirements for space, comfort, equipment and price. · Drive smoothly and check tyre pressures. Anticipate traffic, accelerate gently and avoid unnecessary braking. Follow the manufacturer’s recommended tyre pressures and remove unused roof racks or boxes. Vicki will discuss how drivers can get the most for their cash in the ever more expensive world of motoring, giving helpful tips on buying, running, and driving a car.