Cost of running family car still above €10,000

The increase in insurance premiums offset the benefits of price drops in several other areas of motoring, a new survey shows.

Cost of running family car

Overall the cost of running a typical family car is €10,571.20 - down by just €75.12c over the past 12 months, according to the AA study.

The report says the price of fuel has not had much impact on running costs recently. The average price of a litre of unleaded petrol in July was €1.574 compared with €1.576 for the corresponding month in 2013.

There has been a slight fall (0.7pc) in the price of diesel over the same period with the average for July at €1.476 per litre.

Other elements taken into consideration when calculating the cost of running a car include depreciation, replacements, repairs, interest, tax, and NCT charges.

Alex Todd Brand Manager at Its4women commented "With the ever increasing costs of running a car getting higher, its4women always looks to offer the best policies at the best price to ensure you get the best protection available at a lower cost."

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