Petrol pump pain forces drivers to change habits

 

23 January 2014

 

 

 

 

 

Motorists are resorting to alternative measures to relieve the price pressures faced at petrol pumps across the country, thanks to continuing record high fuel costs.

Figures from Bingle’s Cost of Motoring₁ research show drivers across NSW, Victoria and Queensland collectively shelled out $32.6 billion in the year to December 2013, an increase of more than three billion dollars on the previous year.

Bingle spokeswoman, Marcela Balart, said drivers are now paying more for their fuel than ever before.

“Australian motorists are hurting when it comes to petrol. In just 10 years, petrol prices have increased 64 per cent² with the average driver now spending more than $3000 a year at the petrol pump,” Ms Balart said.

“That’s more than half of the $5600 the average driver spends on running their car annually.”

Ms Balart said the perception held by the majority of drivers was the cost of running a car is rising faster than other cost of living expenses, such as gas and electricity.

“Petrol pump pain is at such a point that 17 per cent of drivers would consider giving up their car if running costs got too high.

“In fact, 52 per cent of drivers have already changed their driving style in an effort to save every last penny on fuel costs,” she said.

About quarter of drivers said they have been forced to take alternative modes of transportation to avoid paying higher petrol costs, while 44 per cent have purchased a more fuel efficient car.

“Motorists are stuck between a rock and hard place when it comes to finding the best price for petrol, but there are things you can do to make your fuel go further,” she said.

Some tips to improve fuel efficiency and consumption:

  • Ease up on the lead foot: Three in four drivers are making a more conscious effort to drive smoothly without breaking hard or accelerating
  • Join a car pool: A quarter  of motorists are opting to carpool whenever possible
  • Go easy on the A.C.: 46 per cent of drivers are using the air conditioning sparingly
  • Check your tyres: Two-thirds of car owners are checking their tyres are inflated to the recommended pressures more frequently
  • Lighten the load: Two out of five drivers are removing unnecessary weight from the car (i.e. roof racks or heavy objects in the boot)
  • Shop around: Seven out of ten motorists are paying more attention to the petrol price cycle and choosing to fill up on “cheaper” days.

“Being more fuel conscious and understanding how your driving affects your fuel efficiency and consumption will help reduce your overall cost of motoring,” Ms Balart advised.

Total state petrol costs for NSW, Victoria and Queensland

 

2012

2013

YOY % increase

  NSW

$11.931 billion

$12.672 billion

6%

  Victoria

$9.821 billion

$10.284 billion

5%

  Queensland

$8.573 billion

$9.672 billion

13%

 

Average petrol costs per driver in NSW, Victoria And Queensland

 

2012

2013

YOY % increase

  NSW

$2,670

$2,814

5%

  Victoria

$2,852

$2,940

3%

  Queensland

$3,123

$3,475

11%

 

For media enquiries or to arrange an interview please contact:

Marcela Balart
Bingle Corporate Affairs Advisor
P: 02 8121 0298
M: 0422 483 371
E: marcela.balart@suncorp.com.au

1.       Bingle’s Cost of Motoring research tracks and measures the ongoing costs faced by drivers. Research agency, Nature, conducted an independent internet survey in 2013 of 1,200 owner drivers from across NSW, Victoria and Queensland.

2.       Australian Institute of Petroleum, AIP Annual Retail Price Data,2014

3.       Newspoll Market & Social Research conducted an independent national internet survey in 2013 of 3,726 drivers aged 18 years and over. Data was collected in line with ISO 20252 – Market, Social and Opinion Research and weighted with current ABS population demographics.