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.
Join the debate
Add your comment
Spending money doesn't necessarily mean cared for
Sounds like a non story, but still at least Frosts and Sullivan - the "growth consulting firm" has got its name in print!