UK set to become a nation of one car households
Submitted by MikeWhelan on 6 October, 2008 - 14:12
Photo by thingermejig
More than 16 million drivers(1) consider downsizing as motoring costs soar
Almost half (48 percent) of UK motorists are being forced to consider downscaling to just one vehicle per household, in an effort to combat the rising costs of running a car. Research conducted by esure car insurance reveals that Brits are not only reducing the number of cars they own, they are also opting to keep their current cars for longer.
A massive 71 percent of drivers questioned admitted they are now resisting the urge to buy a new vehicle in order to save money, whilst 58 percent of those surveyed cited the slump in value of used cars as a reason for keeping their current vehicle for longer.
The researchers did not ask if environmental responsibility was a factor in the decision to cut car use.
1. ICM Research interviewed a random sample of 1006 adults aged 18+ by telephone between 30th - 31st July 2008. Interviews were conducted across the country and the results have been weighted to the profile of all adults.
