Another way around the extortionate car insurance renewals and fuel prices is to sell your motor and become a member of a car club. Membership of a car club entitles you to rental of a vehicle whenever you wish, and the only fees you pay are the annual membership fee and a small hire cost. Sainsburys Finance recently revealed that the cost of running a car has risen to an average of £2,539 a year.
To join a car club drivers are required to have held a full UK driving licence for at least one year. Many UK car clubs also allow members to book a vehicle for use just minutes in advance.
One particular car club organisation claims that it can help drivers who clock up less than 6,000 miles a year save up to £3,500 annually.
Selling your vehicle and joining a car club is a money-saving but potentially drastic step. Shop around for your car insurance renewals first and be sure not to miss out on any potential savings.
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