Wednesday 28 June 2017

Cut drivers some slack, minister

Today we report that the average cost of running a car, excluding depreciation, now exceeds €5,200 per year.

This is up €400 on the 2011 figure, with most of the increase being caused by the increased excise duties and higher VAT rates imposed by the Government in last month's budget.

Running a car in Ireland is now a seriously expensive business. The Irish Independent now estimates the average cost at €5,251 a year. That's more than €100 per week or almost one-sixth of the average, pre-tax, private-sector wage.

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