 reckon they've spent more on repairs in any given year than they think their entire car is actually worth. And two-thirds (64%) said unexpected car repair bills cause them stress, with 44% having experienced two or more surprise bills over the last 12 months. Almost a third (31%) have had a bill of £400 or more in the past year for an unanticipated, but essential, maintenance item – while 10% have had a single bill of £1,000 or more. When their beloved old banger conked out, 35% admitted to taking it out on the car itself, by giving the door a boot or whacking the steering wheel. It also emerged nearly half (43%) suspect it may be more economical to buy and run a newer car, than keep maintaining their older one. Most and least reliable cars revealed - did your vehicle make the list? Mark Carpenter, CEO at nearly-new vehicle retailer Motorpoint, which commissioned the research, said: 'It's important when budgeting for a new car to consider maintenance costs, which will be required throughout its life. 'In the current climate, many motorists will look to weigh up the pros of hanging on to an older car, which they may own outright, with financing a newer one, that may meet their needs for additional spac){kind=link}
But a fifth have spent more on car repairs than they think their car is worth – with one in ten claiming some repair bills have run into the thousands
More than half of motorists with older cars are holding on to them for longer because of the cost-of-living crisis, research has revealed.
The survey of 2,000 UK drivers, with cars over 10 years old, revealed 57% will keep their car for longer due to worries about the current financial situation.
However, running an older car has, in some cases, caused some motorists financial anguish, with 10% claiming some repair bills have run into the thousands.
Nearly one in 10 aren’t sure how much their ageing car has set them back â while one in five (21%) reckon they’ve spent more on repairs in any given year than they think their entire car is actually worth.