Drivers have been given some good news, after Philip Hammond, the Chancellor of the Exchequer, announced in the 2017 Budget that fuel duty will be frozen, despite widespread fears it would be raised to help balance the nation’s books.
It means that for the seventh year in a row, the duty on fuel remains frozen. This is estimated to save the average British driver £75 a year, and as much as £270 for van drivers.
At the same time, road tax – formally known as Vehicle Excise Duty (VED) – has been frozen for a further year, for private motorists and hauliers.
Hiring a car means freedom but watch the costs. (Picture © Europcar)
Car hire costs can more than double at this time of year thanks to extras tacked on at the rental desk, new research suggests. The study found the average £214 basic cost could be inflated to £379 by extras sold to unsuspecting drivers as they collect their cars.
The study by iCarhireinsurance.com looked at car hire costs for the half term week during February, comparing five mainstream rental companies (Avis, Budget, Europcar, Hertz and Sixt) at seven European airports. Here are how car hire costs can be inflated and, importantly, tips for negotiating them down. Continue reading