Drivers Spend Tenth Of Wages On Car Costs
New research shows nearly half of car owners in Portsmouth are spending 10 percent of their monthly income on cars they use for less than an hour a day.
The study by Europcar UK reveals that having a car is fast becoming an expensive luxury for people in the city - the cost of motor insurance has risen on average by £40 in the last year and 80 percent of drivers in Portsmouth say they spend up to £600 a year on insurance.
Despite this, nearly two thirds of those questioned in Portsmouth say public transport couldn't replace their car, admitting they find it too costly, inconvenient and unreliable.