The True Cost of Owning an ‘Economy’ Car in the UK

If you’re a car owner, you’ll be aware that car running costs make a sizable dent in your pocket, but are you aware how much your car actually costs you?

We’ve worked how much it costs to run an economy or compact car for a year both before starting the engine (depreciation, insurance, breakdown cover, road tax, MOT) and when driving an average yearly amount (petrol, servicing, tyres, parking and tolls).

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Check out our infographic below to see what we discovered!

The true cost of owning an 'economy' car in the UK

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  • Figures based on 2014 AA motoring costs report for a petrol car, adjusted to September 2016 interest rates and fuel prices.
  • Depreciation calculated assuming a 4-year old economy car with an average RRP of £12,000 e.g. Vauxhall Corsa 5dr 1.4i Design.
  • Average annual mileage based on 2015 RAC report on motoring.
  • Estimates are typical but are not intended to represent all types of vehicles and conditions of use.

All product names, logos, and brands are property of their respective owners. All company, product and service names used in this infographic are for identification purposes only. Use of these names, logos, and brands does not imply endorsement.

Sources: AA, RAC