The average cost of running a car has shot up, meaning cheap car insurance deals are even more vital.
The importance of finding a cheap car insurance quote has been highlighted again, as new research reveals the rising cost of running a car in the UK.
A new report from car insurance provider Direct Line has found that the cost of motoring in the UK has risen by as much as 56 per cent in the past 20 years – far more than the average British income.
The average cost of running a car – which includes petrol, maintenance, tax and car insurance among other costs – sits at £511 per
month.
But Britons could save money on their motor insurance and car finance by shopping around, claim experts.
Around one in four new car buyers accept the finance offered by the dealer on their new car – costing them hundreds of pounds more than a cheap loan.
Direct Line has introduced a new Driving For Less package, which offers excellent finance rates for a car loan, car insurance and breakdown cover.
David Allan, commercial director for Direct Line Driving for Less said: "The most concerning aspect of the report is that of new car buyers this March, one in four will accept the often expensive car dealership’s financing schemes.
"We have created Driving For Less to incorporate the key financial costs of running a car – the finance package, the insurance deal and the breakdown cover – and combined them to offer a fantastic value-for-money package."
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