According to data from BCA, despite government efforts to aid drivers with a freeze on fuel duty in the 2014 Budget, motorists are still worried about the cost of fuel.
Research of over 400 used car buyers at the start of the year revealed that over 70% of motorists worry about the price of fuel. While fuel tops the list, it is the same percentage of worry as last year so at least worry levels aren't rising. More than half of the motorists surveyed by BCA said that they would consider using their car less for non-essential travel if the costs continue to rise. Over a quarter also said they would use public transport more.
When questioned, the top concerns of the used car buyers were;
The price of fuel,
The cost of road tax,
Vehicle maintenance & servicing,
Tim Naylor, editor of BCA Used Car Market Report, commented, “With nearly three quarters of respondents to our survey using their car every day, clearly every aspect of the cost of motoring is a worry. The cost of fuel remains top of the list of concerns, despite the fact that the AA has reported a steady drop in prices over the last year. The reality is that fuel prices today are still much higher than they were just a few years ago – and for many motorists it’s hard to forget when unleaded was under £1 a litre.”
He went on to add that, “According to our research over one in five are convinced the fuel retailers are failing to pass on potential savings and a quarter of drivers are frustrated by the lack of action by the Government to tackle the cost of motoring. More than one in ten drivers feel pressured by rising motoring costs because they need their car for work. More than half of our survey said they have considered changing their current car for a more fuel efficient model in the last 12 months.”
Though the cost of fuel is a major concern for motorists, the latest fuel price report from the AA showed that the average price of petrol in the UK remains at a three year low and diesel is at it's lowest since July 2012.