Fines, parking and toll costs are rising

The average cost of running a car in Australia has risen to more than $110 per week.

Research commissioned by Bingle insurance found that the average cost of keeping a car on the road rose from $5379 to $5736 per year between 2012 and 2014.

Bingle’s cost of motoring index looks at average running costs including registration, insurance and parking.

NSW had the lowest average running costs on the eastern seaboard, ahead of Victoria and Queensland.

The difference between NSW and Queensland averages was $449 per annum, which was put down to higher fuel and servicing costs but offset by the country's lowest costs for parking, tolls, registration and insurance.

Victoria's higher running costs were partly attributed to motorists spending more on speeding fines, parking and road tolls.

Servicing, registration and insurance fees were found to have dropped slightly in the last year, while parking, tolls and fuel costs rose on average.

Bingle spokeswoman Marcela Balart says the cost of motoring index includes a survey of 1100 motorists who looked to reduce their running costs.  

“Cost pressures for Australian motorists are coming from all sides, and while some things, such as petrol prices, are out of our control, there are some things you can do to take charge and reduce your cost of motoring,” Balart says.

“In the past 12 months motorists have cut back on servicing and maintenance costs, shopped around for cheaper registration and insurance and even behaved better on the roads avoiding fines.”

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