Motorists spending thousands each year

Written By Unknown on Senin, 23 September 2013 | 21.29

AUSTRALIANS are forking out more than $3800 a year to keep their cars on the road.

Fuel is a major expense, but it also costs more $100 a year to park the car, and almost the same to clean it.

Queenslanders pay the most to keep their wheels on the road, while drivers in NSW are slugged the most at the toll booth.

Vehicle maintenance costs are highest in the Northern Territory, where vast distances separate the major centres.

Nationally, motorists spend an average of $3854 on running costs, before loan repayments and depreciation are taken into account, Commonwealth Bank credit and debit card transaction data shows.

Queenslanders pay on average $254 more than that, due to higher fuel and registration expenses.

Parking is most expensive in Western Australia, where $125 is spent each year, above the national average of $108.

Car washes are priciest in NSW, where the average annual spend totals $112.

Petrol makes up 40 per cent of Australia's annual average car bill, with a total of $7.2 billion being spent at the bowser.

A weakening Australian dollar could push that bill even higher, Commonwealth Bank economist Diana Mousina said.

"Fuel costs will always be a significant expense for car owners so I'd encourage consumers to think about putting more of their weekly budget aside to cover the increasing cost of fuel, especially those in regional Australia," she said.

Insurance costs average $407 each year.


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