Car running costs a key concern for drivers
A new survey has found that 75% of drivers are worried that car running costs will increase in 2026.
According to December’s Startline Used Car Tracker, 52% are concerned that insurance premiums will increase, 48% fear rising prices of petrol and diesel, 48% believe car prices will rise and 37% expect servicing costs to go up.
Meanwhile, more than a third (35%) or motorists are worried repair costs will increase next year, with 24% anticipating higher charging prices for electric vehicles.
The survey found that the poor state of the UK economy is amplifying these concerns, with 46% identifying inflation as an issue and 40% concerned their personal finances are under pressure.
Rising costs
Paul Burgess, CEO at Startline Motor Finance, said: “You can really feel in these responses how consumers feel weary and worried after repeatedly being hit by rising costs in recent years. It’s been a tough period for many.
“This sense of strain is particularly evident when it comes to everyday motoring expenses such as insurance, fuel, and servicing, all of which are high on motorists’ lists of concerns following significant price hikes.
“Nearly half of respondents still see inflation as an ongoing issue. However, the official forecast suggests it could fall to near two per cent by the end of 2026, so there is hope that the new year may bring some relief to motorists.”
