car news headlines
The cheap family motoring break is a thing of the past, according to one organisation, something that may be of interest to Car Finance customers.
High fuel prices have increased the cost of a family getaway, according to the Institute of Advanced Motorists (IAM).
The estimated cost of an average family break of 1,000 miles has increased by more than a third, IAM calculated.
Not only this, but the rising fuel costs may also diminish the benefits of having a fuel-efficient vehicle, a situation exacerbated by the fact that some families cannot af FORD a new car.
For example, a five-year-old Focus will use around five per cent more fuel than a newer model, meaning that it may be cost efficient to take out a new car loan.
IAM is one of the UK's leading road safety charities, which strives to raise driving standards and influence road safety policy.
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