REVEALED: Britons spend THIS much on their cars every year
The average Briton spends £2,516 on their cars each year
The average Briton spends a hefty £2,516 on their cars each year, according to new research from The Car People.
However, motorists over 55 pay less, largely because of lower insurance costs, with the average bill falling to £1,880 or 7 per cent of the average salary at that age.
Car ownership is the biggest burden for drivers aged 18 to 24, with sky-high insurance premiums pushing up the annual price to £2,773 a year, a whopping 17 per cent of the average salary.