Car insurance, VED and petrol and diesel rises are forcing motorists ‘off the roads’


Motorists are being forced “off the roads” due to the increasing cost of owning a vehicle as fees rise across the board.

New analysis from Confused.com has indicated rising car insurance costs, Vehicle Excise Duty (VED) fees and petrol and diesel charges are among the leading issues putting a strain on road users.

A new study from the comparison site found that around two in three drivers (63 percent) have noticed an increase in their motoring costs over the past 12 months.

Meanwhile, one in five (18 percent) revealed they had thought about selling their car over the past 12 months.

There are now concerns the rising cost of keeping a car on the road could force some to give up altogether.

Louise Thomas, motor expert at Confused.com said: “With driving costs at an all-time high, millions of drivers could risk being priced off the road.

“That’s as our latest research found that more than half (63 percent) of drivers have seen their motoring costs increase in the past year.

“Driving is a necessity and lifeline for many, and while there are alternatives, such as using public transport, it’s not always an option. Especially if you live near unreliable transport links or far from day-to-day amenities.”

Confused.com’s latest car insurance price index revealed the cost of premiums has now reached record-breaking levels.

Motorists in the UK are now paying higher charges than ever before with average prices standing at a whopping £995 per year.

MOT costs have also increased by 19 percent in recent years with the average of a full service and MOT jumping from £184 to £219 between 2018 and 2023.

VED rates are also a concern for many with the latest Government figures showing road tax reached a total of £7.1billion in 2021/22.

This was a staggering £400million increase on the previous year while those with more polluting petrol and diesel owners were hit with higher charges than cleaner models.

According to Confused.com, petrol and diesel owners are also being caught out by higher fuel charges.

The average price of fuel was 175.34p per litre in 2022 compared to just 119.1p per litre in 2021, a stunning 47 percent rise in just 12 months.

Louise added: “Although some motoring costs are hard to avoid, the good news is that there are still ways to save money so that you don’t have to sell your car.

“With new driving laws set for 2024, drivers could be paying for more fines, on top of their current driving expenses. But doing your research and being savvy could help to keep costs down. And that means any money you save could go towards other financial commitments.”



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