British motorists spend 12% more than the global average for looking after their cars each year; UK aftermarket sector set to rise

Britain’s cars are among the most well cared for in the world, with motorists spending an average of £695.39 annually on maintaining a car.

That’s 12% higher than the global average, according to research consultancy Frost & Sullivan, which also found that the UK has fewer cars in a state of disrepair than the average country.

The UK figures are partly the result of high fleet ownership: these cars are more likely to be serviced, according to their manufacturers’ schedules.

The so-called 'aftermarket' that services and repairs the 30 million-plus cars on Britain’s roads consists of 42,500 garages, fast-fit centres and accident repair specialists. It employs 345,000 people and generates £21.1 billion worth of work. By 2022, the UK aftermarket is projected to be worth £28 billion and employ around 400,000 people.

Major parts sold in the aftermarket sector are tyres, brakes and batteries, while other key services include regular maintenance, MOTs, ad hoc repair requirements and parts distribution. These all contribute to the amount spent by UK motorists.

Our Verdict

Ford Fiesta
Fiestas sold in Europe are ostensibly the same as those sold in America and Asia

The seventh-generation Ford Fiesta is the UK's best selling car, helped by frugal engines, handling verve and a big car feel

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Comments
1

7 June 2016
Could it be that we are the most ripped off nation when it comes to maintaining our cars, or that we have an older, higher maintenance fleet compared with other nations? Either way, the fact that we spend a lot of money on our cars (less than £700 a year??) doesn't necessarily mean they are well looked after. And fleet buyer are a pretty shrewd lot, I doubt they waste too much money on maintenance. Why else would the majority sell at 60,000 miles, just before the big bills start to arrive?
Sounds like a non story, but still at least Frosts and Sullivan - the "growth consulting firm" has got its name in print!

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