Motley Fool: Mash Your Motoring Bills!

According to the RAC, the cost of running a car has increased by roughly £540 over the past twelve months, hitting thirty million drivers across the UK.

Although a fall in oil prices has led to a drop in fuel prices in recent months (down 4% over the past year, believe it or not), the cost of running a vehicle continues to climb steadily. The RAC’s Cost of Motoring Index reveals that the average car now costs almost £5,540 a year to run (or over £15 a day), compared to £5,000 a year ago. Every six months, the RAC tracks all costs associated with owning and running seventeen of the most popular vehicles; here is its latest survey:…

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