"THE average cost of motoring has risen to £5,000 a year for the eight million owners of cars that are less than three years old, according to the RAC.
The breakdown company’s most comprehensive survey of motoring costs, including depreciation, maintenance, road tax, insurance and the cost of borrowing, found that the average driver spends £14 a day to keep a car on the road.
Even those with the most economical models, such as the Citroën C2, spend almost £3,000 a year. The worst petrol guzzler in the survey, the Porsche Cayenne, costs its owners £19,000 a year to run, or £1.58 per mile over the average 12,000 miles a year."
By comparison, the odd taxi seems cheap.
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