Three out of four motorists are worried the cost of running their car will rise in 2026, according to December’s Startline Used Car Tracker which questioned 300 consumers and 60 dealers.
The Used Car Tracker shows that 52% are concerned about the costs of insurance, 48% of petrol and diesel, 48% of buying a car and 37% of servicing.
Paul Burgess, CEO at Startline Motor Finance, said: “You can really feel in these responses how consumers feel weary and worried after repeatedly being hit by rising costs in recent years. It’s been a tough period for many.
“This sense of strain is particularly evident when it comes to everyday motoring expenses such as insurance, fuel, and servicing—all of which are high on motorists’ lists of concerns following significant price hikes.
“Nearly half of respondents still see inflation as an ongoing issue. However, the official forecast suggests it could fall to near 2% by the end of 2026, so there is hope that the New Year may bring some relief to motorists.”
Other factors mentioned include repair bills (35%), charging an EV (24%), motor finance (16%) and tyres (13%).
Of the respondents, 41% are anxious about the state of the economy, 40% concerned their personal finances are under pressure and 26% believe owning a car is becoming more expensive.
Few respondents are unconcerned about rising costs with 13% feeling their personal finances have improved, 12% saying they can run their car without worries, 7% thinking the economy is stable and 5% believing inflation is under control.
Respondents would be tempted to change their car in 2026 if they found a good price (61%), a reliable car (50%), a comprehensive warranty (47%), low-cost finance (43%), a faster and easier car buying process (27%), and a high part exchange valuation (20%).
