Is your car your pride and joy, or are you ready for a change? Let us know and you could win a £300 John Lewis voucher | No thanks

Cash-strapped drivers may welcome report

Fri, 24 Jul 2009

Motorists struggling to keep on top of running costs - such as car insurance, warranty payments and fuel - may agree with a new report that claims the various taxes on road users need to be looked at.

The publication has been compiled by the Commons' Transport Committee (Transcom) and it suggests people should be charged based on the distances they cover, rather than simply expecting all vehicle owners to pay the same fees.

According to the Association of British Drivers, many of the recommendations in the review reflect changes it has been calling for.

The organisation said it agreed with the comment that taxes such as fuel duty are fairer than ones that are demanded from motorists simply because they own a vehicle.

Spokesman Nigel Humphries commented: "Many sections of the Transcom report could have been lifted from ... [our] website and press releases."

Meanwhile, motorists looking to cut costs may find securing the best possible deal on car insurance can make a significant difference to their outgoings.

If you want to know how to find the best deal for your car insurance, finance or warranty visit our car insurance calculator.


Add a comment


Ask Honest John

Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £8,930.17

Total cost of credit £1,430.17


48 monthly payments

Apply now

Representative example

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

CarFinance 247 Limited is acting as an independent credit broker

Universal Square, Devonshire Street North, Manchester, M12 6JH