- 22
- May
New research from the AA suggests that recent hikes in the costs of petrol and diesel could cost UK carowners an additional 110 million pounds in travel costs over the course of this bank holiday.
The group reports that with the average journey taken this weekend estimated at 304 miles, those making a trip in a diesel vehicle can expect to see a cost rise of around 29 per cent when compared with prices prevalent at the same time last year. For unleaded vehicle drivers meanwhile, an average increase in fuel costs of 17 per cent is to be expected, the AA warns. Despite the inflation in the price of both petrol and diesel, more than 18 million motorists are expected to take to the roads over the bank holiday weekend. This will amount to a 33 per cent increase in traffic throughout various areas of the country.
For those who feel they need a break but are having difficulty meeting the ballooning costs of travel, taking out a personal loan may provide the financial respite necessary for them to be able to enjoy their holiday.
However, it may be advisable to head to a destination that avoids the M25 around London through Surrey and Berkshire, which the AA identifies as the route that will see the highest volumes of congestion over the weekend. As a whole, the capital looks set for considerable traffic increases, with the M1 northbound also reported as being likely to see a heavy rise in the number of vehicles on the road. There are also substantial roadworks in various areas of the country, with consumers advised to expect delays in areas of Bedfordshire, Nottinghamshire, Essex, Kent, Hampshire and south Wales.
In terms of destinations, the majority of travellers will be heading to big cities and the seaside, with Brighton, Blackpool and Newquay forecasted to be the busiest beaches. London will see the highest number of city-bound tourists, with Manchester and Cardiff expected to be second and third most popular.
Travellers should also be braced for breakdowns, with the AA reporting that it responded to 47,000 requests for roadside assistance arising as a result of vehicle failure. It estimates that there will be at least 46,000 breakdowns this May bank holiday. Those planning to travel on Tuesday morning may be advised against doing so, as the association identifies this as the busiest time for breakdowns.
Andy Taylor, AA patrolperson of the year 2008, has advised customers on ways to avoid the possibility of a breakdown over the weekend.
“With most people travelling an average of 304 miles over the bank holiday weekend, make sure you prepare well before you leave. Remember to check your vehicle’s coolant and oil levels, battery, tyre tread and pressures. To cut down on the cost of your journey you can find eco-driving tips on our website. If you do find yourself stranded on the hard shoulder this weekend, with more patrols on the road than any other breakdown service, we’re geared up and ready to help,” he suggested.
For those who have problems with vehicle failures in the past and are looking to make a new purchase, taking out a secured loan may provide the financial security to allow people to choose a car that is safe and reliable. Indeed, for the growing number of people identified in an Experian study last year, a secured loan may be of assistance in purchasing a super mini, which was identified as the most popular type of used car.
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