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Drivers question whether car ownership is 'worth it', research suggests
A Covertime.com survey of 1,532 adults found 49% would give up ownership if borrowing a car were easy, as fuel and running costs climb.
- Nearly half of UK drivers would consider abandoning vehicle ownership if borrowing a car were easier, according to a Covertime survey highlighting rising costs as a key concern.
- Rising motoring expenses—up 7.1% year-on-year with fuel prices surging 23%—fuel this shift, as 56% of Gen Z drivers and 52% of men express openness to dropping ownership.
- Liverpool-Based Carly Skelton sold her VW Polo in 2024 to reduce costs, while DVLA data shows cars with a Statutory Off Road Notification rose to 4.07 million in early 2026.
- Covertime motor insurance expert Warsop says drivers are reconsidering necessity rather than abandoning driving, advising motorists to calculate annual expenses including insurance, fuel, and depreciation.
- Department for Transport figures reveal a broader shift, with 22% of English households lacking a car in 2024, up from 21% in 2020, indicating a sustained trend away from ownership.
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36 Articles
36 Articles
Coverage Details
Total News Sources36
Leaning Left2Leaning Right0Center31Last UpdatedBias Distribution94% Center
Bias Distribution
- 94% of the sources are Center
94% Center
C 94%
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