Drivers that have journey less than 2,000 miles over the course of a year have been advised that they might be better off without their vehicles.
Initially targeted at older drivers, the explanation similarly applies to younger drivers that might own a car despite living in city centre areas or nearer to work.
Cars are expensive to run and maintain, there’s no doubt about it, but is it really worth getting rid of them if you don’t manage to drive over 2,000 miles every 265 days?
Senior citizens, particularly those driving over the age of 70, have been advised to consider if it’s worth it at all.
Experts from the Older Drivers Forum have taken the time to work out the minimum milage needed to make the expenses of driving worth it, moneywise.
Adding up the costs of Vehicle Excise Duty (VED), tax, insurance, fuel, and breakdown cover, they concluded that anything under the magical number of 2,000 miles is not worth the hassle for Brits.
The Older Drivers Forum went on to explain: “You would get money from selling your car, and save money because you no longer have to pay for insurance, MOTs, servicing, fuel, parking and repairs.
“If you no longer use your car very much, it may make good financial sense to give it up and use the money you save for other ways of getting about.”
The same also applies to those who might not need a car and can get to where they need to through public transport – one for the city dwellers, or perhaps those in London.
You can save hundreds to thousands of pounds by removing the weight of car maintenance, petrol and insurance from your monthly budget.
USwitch said on the matter (via Daily Star): “There is no shame in admitting that you’re no longer up to driving or that you no longer have such a demanding social life that requires a car of your own.
“From public transport to ride-share services, there are many ways to continue getting out and about. Giving up your keys does not mean the end of your independence.”
However, there are some people that believe that the fact that they might be forced to sell their cars due to costs is absurd.
One driver noted that ‘public transport is non-existent’ in some areas, the publication reports, and called it unreliable and expensive.
They also added that you also compromise your independence and ability to move around and said that the whole ordeal came across as ‘ageist’.
