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Car running costs hit £30bn a year

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05/12/2012
Brits are paying £2.5bn a month to meet the costs of running a car.

The research, based on a survey of 2,000 people, included costs such as tax, parking, insurance, petrol, maintenance and accessories to find the average total cost which equates to £88.50 per person, per month; £1,062 per annum, according to website Recombu Cars.

The report also highlighted that one in 10 Brits spend more money on their car per month than they do on their children, with 9% spending more on their cars than their spouses.

Rory Reid, editor of Recombu Cars, said: “Although owning a car is a huge expense, the relationship that owners have with their wheels ensures we’ll continue to spend our hard earned cash on them.

“The fact that Brits see their car as part of the family and are willing to spend more on their car than their children or partner just goes to show the lengths people will go to for their car and reinforces our status as a motor mad nation!”

Additionally, bonkers Brits admit that their car is part of the family (8%) with a further one in five going as far as naming their car.

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