People are still in love with their cars

Mozo

Friday 08 June 2012

There have been some suggestions that people are starting to fall out of love with their cars because of the high cost of ownership, but one expert has refuted these claims.

Although car insurance, maintenance and fuel expenses are crippling at the moment, freelance motoring journalist Carlton Boyce believes that Aussies are still passionate about their vehicles.

Figures compiled by Roy Morgan Research appear to back this up, as more than two million people are planning to buy a new model in the next four years.

Mr Boyce admitted that the cost of running a car has risen sharply, but there are ways around this. Indeed, he thinks that motoring enthusiasts will start to separate necessary business trips and personal journeys.

"I can see that people might have an all-electric car for commuting and city journeys and a nimble petrol car for fun," he remarked.

Buying an eco-friendly car with a small engine is definitely cost-effective, as insurance companies generally look favourably upon green vehicles.

Have a question about car insurance? Ask the money gurus at Mozo Answers.ADNFCR-1761-ID-801380509-ADNFCR

People are still in love with their cars
Back to top