Just how much more pain can Australians take at the petrol bowsers before they’re forced to make radical changes to the way they use their cars? An exclusive survey* conducted by low-cost insurance provider Budget Direct has found it will take only 20 cents extra a litre before almost a third of Australians will consider leaving their cars at home.
An astonishing 30% of people will keep driving their cars regardless of the price of petrol. It would take fuel to reach $2 per litre before 23% of Australians would consider other modes of transport. One in 5 would start reaching for their bus passes with petrol up to $2 per litre, and almost a third (28%) of those surveyed said petrol at $1.80 per litre would be enough to force them to make changes.
While those prices might seem sky high its worth remembering in 2010 the average price of ULP was just $1.27. With petrol averaging $1.47 in November 2013 and prices around the $1.60 mark in many centres, $1.80 per litre doesn’t seem so farfetched.
The survey by Budget Direct also found many Australians are using other ways to save on petrol and maintenance costs.
- 63% are driving less
- 53% are washing their cars at home instead of a car wash
- 30% are taking public transport more often
- 16% are putting on their DIY hats and doing their own car servicing.
*Source: McCrindle Research Survey conducted on behalf of Budget Direct. 1436 respondents aged 18 and over participated from Brisbane, Gold Coast, Sydney, Melbourne, Adelaide and Perth.