The cost of running an average sized car in the "Tax Band C" category, has risen by €646 on 2010 the AA has released today in it annual Cost of Motoring survey. This means that it will cost on average, nearly €12,000 this year to run your car, up 5.8% on last year. By comparison, a weekly bus pass on Dublin Bus would cost a mere €1000 for the year.
Conor Faughan of the AA said "Of course, the single biggest change is the cost of fuel, two thirds of the price of fuel is tax and most of this money is going to the Government. If it wasn't for tax increases we would now be looking at retail prices of about 132c whereas now we are looking at about 150c"
Bear in mind this survey was based on actually owning your car, so any repayments are on top of this again! Car Insurance rose slightly, averaging 1.2% higher than last year and the cost of servicing and repair has risen by about 2.7%, mostly in line with inflation.
This time last year, petrol was about €1.27 a liter, now its at about €1.50, mainly due to Government taxes. As Public Transport is a joke, and there is no infrastructure in place for any sort of alternative travel, looks like the Irish motorist will be burdened with double and treble taxation once again to tax our way out of the recession.
The Irish Government is being brought to court next year by the European Union over its double taxation policy including VRT on all new and used vehicles which breaches Article 25 of the Treaty of Rome, which gives free movement of goods within the EU.
Gary
Very interesting about the vet being challenged by Europe!
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