According to the RAC the cost of motoring has risen by 19 percent since 2007. Yet this new research only included petrol and maintenance costs forgetting about vital components such as car insurance.

Taking into account just fuel and maintenance bills the cost of running a family car for a year is on average £2,435, this has risen by £277 since 2007.

If you were going o take into account other financial costs such as car insurance, depreciation and financial packages then the bill rises to a whopping £6,133. This is exactly a £1,000 pounds more than last year with the average weekly cost rising from £98.71 to £117.94.

According to the RAC in the face of rising costs 36 percent of people surveyed considered buying a cheaper car to run.

Of those people surveyed 18% percent considered buying a car that was in a lower insurance category, whilst a further 26 percent considered buying a second hand car to try and avoid loosing money through depreciation.