The average British spends totally with its car around 80£ per week, 314£ per month and 3800£ per year, just for its automobile. These costs are insurance, fuel, vehicle inspection, vehicle excise duty, car finance, depreciation, maintenance, repairs and improvements, parking, tolls, traffic tickets and washing.
Keeping this in view, what is the average cost of running a car?
|Based on Driving 15,000 miles annually ||Small Sedan ||Sedan Average |
|Cost Per Mile ||46.4 cents ||60.8 cents |
|Cost Per Year ||$6,967 ||$9,122 |
Also Know, how much does it cost to run a car in London?
It also found that the average Londoner spends just 182 hours in their car annually - less than half an hour per day - meaning it costs motorists an average of £18.88 per hour to use their car in the capital.
How much should a first car cost UK?
New drivers spend an average of £4,276 buying their first car but those from the North West and London splash out more than £5,000 on their first set of wheels. The average amount of money spent on buying a new driver's first car is now £4,276, an increase of 42% on the 2017 figure of £3,005.
Can I buy a car in the UK without a UK license?
Yes, you don't need any licence and there are no age restrictions to buying a car. However, to drive it on a road, you will need at least a provisional licence , an MOT roadworthiness pass certificate, a vehicle excise license, and insurance.