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What is the Cost of Keeping a Car in UK?

Car Engine

After purchasing a car, owners have to bear running cost, maintenance, insurance and other expenses

There are many types of cars available to the buyers in UK. It is a big market of vehicles and people have option of owning a new or used car. People use different means of transportation to reach their offices and places of work. Public transport is available to people and they also have started to ride cycles for environmental cause.

Cars have still been used in large number by people for their routine traveling. Cost of keeping a car in UK varies and it depends on size and engine under bonnet. After purchasing a car, owners have to bear running cost, maintenance, insurance and other expenses. Average bill of petrol or diesel for a car in UK is from 900 to 1000 Pounds. Average insurance is more or less 500 Pounds and maintenance cost about 300 pounds. For a small car this cost will be lower whereas you have to spend more money on a big car. Distance of daily commuting and how frequently you go for long distance drives also determines cost of keeping a car. Major share in this cost is of fuel bill and it fluctuates due to volatility of fuel prices.

Road tax is also different for different cars as it depends on emission of a vehicle. For greener car it will be less and if your car is emitting more carbon then you have to pay more tax to keep car on road. Parking fee of your car also contributes in expenses of owning a car. Cost of second hand or used cars is very low and small new cars also quite affordable for many. Furthermore, you can choose installment plans to pay price of your car. It makes easier to own a car in UK. People, who can afford owning a car hardly resist this temptation.

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Insurance bill of your car depends on

People in UK mostly buy cars that cost from 12,000 Pounds to 36,000 Pounds. This fact reveals that people can afford buying cars of this price range. Income of people allows them to own a car and for their convenience they find it necessary as well. Big cars are spacious and luxurious but their running cost also high. Fuel efficient engines helps you to keep your fuel bill low. Buyers should always prefer frugal power units so that they can enjoy more traveling. Insurance is very important for car owners and in UK you pay nominal monthly charges for this financial cover. Insurance bill of your car depends on age, driving record and cost of car. Your address and parking at night also determines price of this service. there are many car insurance companies in United Kingdom and you can check the most suitable plan for your car.

Your car driving style plays significant role in this regard. Not only fuel average but car maintenance bill also depends on this factor. These two costs are big contributors in total bill of keeping a car in UK. condition of your car and model year also contributes in this connection. New cars perform better and do not require any major replacement. In comparison old cars need replacement of worn-out parts and this will increase maintenance or repair cost of your car. Regular in time service of your car could save lot of money for you. Failing to do so can result in paying much higher costs in repairs like car engine replacements. Car owners are well aware of this reality and pay attention to this exercise. Warranty of new cars also decreases maintenance cost as in case of replacement, parts are provided by the manufacturer. Expenses incur in this regard varies from year to year and we have to rely on average maintenance cost.

People afford these cars and their running cost

Cars having frugal units and excellent build quality are preferred, when you need to buy an affordable car. Budget of car owners for their vehicles not the same. Small car is easy to own and economical to keep but there are limitations too for these vehicles. This is why people buy big cars that suit their needs. People afford these cars and their running cost so they buy cars that have V8 engines and their parts also quite expensive. Regular service after a period of time also expensive for bigger vehicles. Now there are expensive small cars too so cost of keeping car does not solely depend on size of car. People buying car for the first time should carefully reflect details of expenses incur on a car after owning it. Cars do not only need fuel to run so every expense should be considered. Sometimes you have to pay for unexpected repair due to any reason. If you have financed your car from bank and paying installments, then it will increase monthly cost of a car. Buyers should consider every aspect and then purchase a car. Some owners do not pay attention to maintenance and servicing of their cars, just to avoid expenses but in fact they have been damaging their vehicles.

Manual and Auto Gearbox also Contribute to Cost of Running

Experts suggest that if owners want to keep car running cost low then they must follow schedule of servicing and keep your vehicles maintained. If they will not observe this, then they will pay high price for their negligence. Other suggestions for this purpose could be about way of driving. It is under your control and you can change your driving style to curb cost of keeping car. If you like to keep speed pedal pressed then you cannot keep running cost low. Choice of speed transmissions is also offered to buyers and their pairing with power unit could change fuel average figurers. Some engines do well with auto gearbox whereas other prove economical with manual gearbox. If car keeping cost is your major concern then you should take all relevant aspects into consideration. Cars with guarantee of good performance and having sporty character usually expensive to run and their buyers have to bear the cost. Some models are built to offer economical traveling to buyers. Mild hybrid assistance is now added to increase fuel efficiency and reduce running cost. In United Kingdom car keeping cost is not high and people can afford owning a car. They afford a car according to depth of their pocket.

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