Fuel price ‘breaking point’
A recent survey of 2,000 drivers have claimed that as many as 38% would give up motoring entirely within a year if fuel prices rise at the same rate for the proceeding year as the past 12 months.
A mere 2% of the 2,000 motorists polled felt that the fuel price was reasonable compared to 75% who believed it to be ‘out of control’ or worse.
The survey conducted by Glass found that 37% were spending more on fuel than on utility bills and 70% spend more on fuel than on holidays. 10% would spend less on food at supermarkets if there were to be further rises of between 14 -15p.
It is believed that the average monthly fuel bill is now £102; Glass managing director Adrian Rushmore said: “This research demonstrates that Brits are reaching breaking point when it comes to petrol and diesel prices. Even a small rise will have a significant impact on the majority of motorists.
“We have seen in recent years that demand for high-powered, petrol engine cars is falling due to this. People simply can’t afford the current fuel prices and are gravitating towards diesels and more fuel efficient models.”