Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Drivers on Road to Ruin; New Car Running Costs Keep Soaring

Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Drivers on Road to Ruin; New Car Running Costs Keep Soaring

Article excerpt

Byline: GRANT EDWARDS

COSTS of owning a car are spiralling.

Despite dealers offering some of the best bang for your buck we've ever seen on new cars, rising petrol prices, tyres, depreciation and other expenses are getting heavier on the pocket.

Phasing out of LPG rebates, rising costs associated with owning a diesel vehicle and the upfront costs of an electric car have made the standard unleaded models more attractive for those wanting to save coin.

The annual RACQ vehicle running costs survey revealed the Suzuki Alto is the cheapest car to run for the third consecutive year.

According to the automotive club, the only way to save is take a "no-frills approach".

The RACQ's Steve Spalding said drivers needed to consider getting back to basics, with those who opt for prestige and size costing themselves thousands.

"Our results show the cost of owning and operating a car has become less affordable across all classes. …

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