Key to cutting car costs

EVERYBODY is looking for ways to save money at the start of the new year and given that motoring is one of our biggest expenses of all, this may be a good place to start.

- Harvey Jones

The average driver spent more than £2,000 running their car last year, according to car finance specialists Zuto, enough to heat and power the average home for a year.

Aidan Rushby, chief executive of car finance app Carmoola, said a car is essential for most owners so it pays to drive the cost down: "From the way you fund your car purchase, to the type of car you buy, the fuel it's powered with, and insurance and maintenance, it's possible to slash hundreds off the cost of ownership." If buying a new car in 2024, don't simply look at the purchase price when deciding what you can afford.