Our Scrappage, Recycling and Car Blog
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Motorists downsizing as a result of fuel price increase
Friday, 30 December 2011
The latest Used Car Market Report from British Car Auctions (BCA) reveals half of respondents feel they will be forced to change to a more fuel-efficient car or alter their driving habits as a result of continued fuel price increases.
The leading vehicle remarketing company found that a fifth of respondents felt the need to downsize or change their driving habits once fuel hit £1.30 per litre and by the time the price of fuel hits the £1.50 per litre mark a further 15 per cent of motorists will be in the same boat.
As MPs recently debated in the House of Commons about a deferred annual increase of 3p per litre, 39 per cent of respondents said they would cut fuel duty if they could influence the nation’s transport and motoring strategies.
The number of two-car households in the UK is also on the decline with the report showing this figure had fallen by five per cent in the last 12 months.
Fuel consumption is now a top priority for motorists. 27 per cent of those surveyed in the BCA Used Car Market Report said they would pay more attention to fuel economy when choosing their next vehicle.
If you have a vehicle that’s approaching its end-of-life period due to its age or poor fuel efficiency the safest thing to do is to take the car to a car recycling facility such as the one here at ASM Auto Recycling.
Every year two million end-of-life vehicles are scrapped in the UK in an effort to remove and store potentially harmful toxins from older vehicles, in accordance with the European ELV directive.
Nevertheless, vehicle dismantling is not just about retrieving harmful toxins and casting aside the shell of the vehicle, which is particularly important to note for those looking to scrap my car for cash. We carefully remove all recyclable car parts to ensure they can be sold on, giving motorists an additional option to paying the premium for a brand new part from a dealership.
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