Motorists change driving habits due to cost of living
The cost-of-living crisis is having an enormous impact on the way many of us live our lives. A recent survey by Kwik Fit found that the way we drive is no exception. Of the 2,000 surveyed, 69% said they had significantly changed the way they drive since the beginning of the year.
Here’s what they’ve changed:
Fewer journeys
To make a saving on fuel costs, drivers are significantly reducing the number of journeys they make in their vehicles. 35% of drivers said they had cut down on the number of journeys they make.
40% of petrol drivers had cut down since the start of 2022, with only 22% of electric and hybrid drivers cutting down.
Changing their vehicle
Electric and hybrid vehicles are well-known to be cheaper to run. This survey found that of the electric and hybrid owners 17% had switched from a vehicle using an internal combustion engine to keep costs down, whilst 4% had sold their vehicle without replacing it. Hybrid vehicles are built to last longer as well, so you don't have as many expensive repairs to keep up with, like hybrid batteries which can last up to 11 years if well cared for.
Driving less aggressively
21% of drivers said they now drive more smoothly and try to avoid harsh braking and 14% were now driving slower than they were at the start of the year to conserve fuel.
Better car maintenance
It was discovered 1 in 10 motorists were now regularly checking their tire pressure and 11% had taken unnecessary items from their vehicle in a bid to make it lighter on the road.
About Bumper
The cost-of-living hike has had a big impact on motorists. Luckily, Bumper has a solution. Our digital PayLater solution allows customers to split the cost of repairs, at no extra cost.
Applications are completed online in just a few clicks. Plus, our proprietary AI-enabled lending software allows us to make real-time, responsible lending decisions in less than 5 seconds.
For more information about how Bumper can transform your customer experience, contact our sales team.
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