Top 10 cheapest cars to run REVEALED - Do you own one of these vehicles?
THE cost of owning and driving a car is increasing along with hikes in fines.
Owning a car is becoming increasingly more expensive with prices of insurance, tax and repairs costing more.
It was revealed last week that the increasing costs of owning a car was leaving thousands of families ‘struggling to make ends meet.’
Another study revealed that Brits will spend on average £168,880 on their cars, over their lifetime with £70,000 spent on petrol, £40,000 on MOTS, £28,444 on servicing, £23,122 on instance and £7,504 on tax.
New telematics data research however has revealed which are the cheapest cars to run, which may help to keep costs down for cash-strapped motorists.
Telematics solutions provider Wunelli, has named the Fiat Panda, Kia Picanto and Citroen C3 as the top three most safely driven low cost cars based on analysis of driving scores and insurance claims
Top ten list of more safely driven, low cost cars are:
1.Fiat Panda (best)
2.Kia Picanto
3.Citroen C3
4.Nissan Micra
5.Toyota Yaris
6.Peugeot 107
7.Toyota Aygo
8.Suzuki Alto
9.Ford Ka
10.Hyundai Getz
Which? offers top three tips for cheaper car insurance
Young drivers were expected to see an average increase of £1,000 on their car insurance based on an increase to their premiums.
Using a telematics box can help younger driver slash money of their insurance policy, as some of the devices reward safe driving.
A number of these cars also feature on the cheapest cars for young drivers to insure list.
Selim Cavanagh, Vice President, Insurance, LexisNexis Risk Solutions UK & Ireland, says: “Novice drivers are facing increasing costs to get on the road and when it comes to selecting that all important first car, it’s not just running costs that should be taken into account - any knowledge that can be gleaned on how safely that model tends to be driven should also help.
“But now telematics data can take the selection process one step further and support young drivers and their parents in making a more informed decision.
“With our analysis they have a ‘double whammy’ benefit of choosing a first car that’s both economical and known to be driven more safely when a telematics policy is in place.
“By making this information available we hope to encourage more motorists to choose telematics policies, not just for those crucial early years when bad habits can be formed as confidence improves, but beyond, enabling insurers to provide cover based on actual driving behaviour rather than predictions of how they might drive.
“Our analysis underlines the power of telematics in supporting increased driver safety and its potential in supporting vehicle choice for the next generation of drivers.”