Daily Express

Car ownership rates could plummet with millions of Britons not driving regularly

Daily Express logo Daily Express 23.06.2023 16:54:33 Felix Reeves
Busy Traffic on a motorway

Around 1.6 million motorists could be spending an average of £6,000 a year on their car, equivalent to 18 percent of the average UK salary.

In recent years, drivers have been looking at alternative ways to travel, either to be more environmentally friendly or to save money.

This time last year saw the UK deal with the highest-ever petrol and diesel prices, with the cost of motoring making many people reconsider their habits.

The data, from Wagonex, found that younger drivers were most likely to leave their cars at home, with 53 percent choosing to do so to save on fuel.

This can be compared to less than a third of those aged over 65 who would leave their cars at home for everyday trips.

A number of factors have contributed to the changing trends of drivers, with more drivers using their cars less frequently.

In larger cities, more people are making use of public transport networks and even sustainable solutions like e-scooters and e-bikes playing a role.

Car clubs are also starting to grow in popularity, especially mixed with differing working patterns, fewer people will need to travel on a consistent basis.

Toby Kernon, founder and CEO of Wagonex, noted how the pandemic and increase in hybrid working have played a role in Britons using their cars less than previously.

He said: "With this change in behaviour, car owners need to ask themselves if owning a car full time is necessary for their lifestyle.

"While it has previously been the norm to own or lease a car, is it still appropriate in 2023 when lifestyles and financial outgoings have changed so significantly?

"Car subscription is becoming an increasingly attractive and modern option for people to access a vehicle for a specific period of time, without the long-term commitment of owning or paying for a car when you don't need to."

Mr Kernon added that it would be "interesting" to see how these trends will continue, with Britons constantly looking at ways to save time and money.

The survey also found that the average driver believes they spend around £2,000 on their car every year, when the average is actually around £950, according to the RAC.

Five percent said they did not use their car at all, although it was not clear whether they had declared their car SORN (statutory off road notice).

If someone declares their vehicle SORN and still uses it on the road, it could see them fined £80.

vendredi 23 juin 2023 19:54:33 Categories: Daily Express

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