Other the past two decades, the real cost of motoring has fallen. Despite increases in petrol tax, motoring is getting cheaper – whilst other forms of transport, bus and train have been increasing faster than inflation. With the political popularity of freezing petrol tax, we are likely to see motoring continue to be relatively cheaper. But, although cheaper motoring seems attractive, the drawback is that it will contribute to a marked rise in congestion and very different costs to motorists and society.
Even a study by the RAC also shows that the real cost of motoring has fallen. – Even though you frequently hear about hard pressed motorists.
Cost of travel since 1988.
Spot the hard pressed motorist.
The RAC state:
- 28% cheaper to buy and run a car, excluding fuel costs, in 2008 than 1988. (RAC)
- However, motorists do pay £45bn in fuel duty, VAT, new car tax and the road fund licence.