Quick Car Trips Shown To Have Environmental And Financial Effects
They may just be nipping out on a quick journey, but those motorists who constantly go on short driving trips could be putting their finances under pressure in the long run.
Such is the assertion of Abbey Credit Cards, which reveals that the typical UK driver goes on two journeys each week which are less than a kilometre in length. However, by doing so it was reported that people could be placing more strain on their capacity for money management than is necessary. Furthermore, it was shown that over 13 per cent of motorists make at least six short guilt trips every week. Indeed, it was indicated more than half (54 per cent) of these Britons feel guilty for making such journeys. The figures come despite the financial services firm reporting that people are under an increasing amount of social pressure to take steps to lower their carbon footprint, in addition to facing an overall squeeze on their spending.
In particular, it was revealed those consumers living in London are the most likely people in Britain to make short car journeys, going on an average of 2.71 trips per week. This statistic, it was claimed, comes despite the capitals extensive public transport network.
And in shelling out money for petrol in order to meet the cost of such trips, motorists could find that their capacity to keep up with other areas of financial demand comes under further strain. This could result in difficulties in making payments on the likes of personal loans, credit and store cards, utility bills and mortgages.
Commenting on the report, Callum Gibson, head of Abbey Credit Cards, said: “For some the guilt in the guilt trips is to do with their carbon footprint, for others, its about the cost of making those trips.”
However, it was also reported that Londoners are now most likely to use their vehicle less and travel on public transport more often. Indeed, Abbey stated that in spite of the guilt trip motorists a significant number of drivers are now looking to cut back on the overall number of car journeys they make. Some two-thirds of those questioned claim that an attempt to offset the impact of higher household bills has seen them reduce their vehicle usage.
And instead of getting behind the wheel, about half of these people are now going on longer walks. In particular it appears that those living in Wales and the north-east of London are looking to do this, as an estimated 60 per cent of drivers from such parts of the country are putting one leg in front of the other instead putting their foot down on the accelerator pedal. Meanwhile, a fifth have now cut out unnecessary journeys altogether.
Those holding concerns about managing their money in the coming weeks might want to consider applying for a personal loan. By doing so, borrowers may be able to meet various expenses quickly leaving them with an affordable rate of monthly repayment to make. Indeed, for those who are determined to carry on making guilt trips in their car, a loan could help them to purchase an environmentally-friendly model so that the financial and ecological impact of such journeys is negated. The monetary assistance a car loan provides could also help motorists to manage costs such as insurance and repairs after Direct Line recently revealed that the dark winter months makes drivers more likely to have an accident.
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