The UK is fast becoming a nation of one-minute motorists, spending more than £1 million a week on short car journeys.
Almost a third of drivers admit to making weekly car journeys of less than 0.5 miles.
The latest study from Santander found that one in three motorists feel guilty as a result of these short journeys.
As the cost of fuel continues to spiral, motorists are paying the price for journeys of half a mile or less. In fact, this practice costs UK motorists an estimated £1.1 million each week, with experts warning recently that petrol prices could be heading towards 145p per litre by next summer.
Petrol prices at the pump hit a record high earlier this year of 137.43p a litre for unleaded. However, Brian Madderson, Chairman of RMI Petrol, believes that prices could be set to increase significantly.
Despite this, an estimated 58 million drivers continue to make half-mile car journeys every year. Despite the financial and environmental impact of this action, only 35% feel guilty about the journey.
Callum Gibson, Managing Director at Santander Cards, commented; “Despite soaring fuel costs, many motorists still give in to the temptation of using the car to make journeys that only take 10 – 15 minutes by foot.î
ìWhile people should try to reduce their car usage where possible because of the environmental impact, it is a vital resource for many people who are less able to get about or who live in rural areas, particularly as the evenings draw in and the weather gets colder.î
At a time when household finances are squeezed, motorists should be looking for ways to save money.
One way to dramatically save money could be by switching your car insurance. Compare car insurance with Money Expert.