8 August 2011

Petrol fuels car costs rise

It now costs almost €650 more to run a compact family car than it did this time last year, according to the AA, which puts the all-in cost at €11,817.

And rising fuel costs are mostly to blame—last year that cost worked out at €2,000. In 2011 fuel is €2,301 per year.

Insurance is up 1.2 percent, servicing 2.7 percent, and finance costs—when you can get financing—also rose.