25th January 2006
UK motorists may have overpaid for their fuel by up to £5.8 billion pounds last year according to figures released today from fuel comparison website, www.petrolprices.com
Motorists, excluding those driving heavy goods vehicles, purchased a total of 35.5 billion litres of fuel during 2005. The maximum potential daily saving between the cheapest and most expensive stations was identified to be 16.4 pence per litre.
Kay Joyce, Media and Trade Relations Manager for the website commented, "With petrol prices up 10p from a year ago, motorists could counter this rise by shopping around for their fuel rather than buying from their local petrol station or the first station they come across whilst enroute".
There are 32 million motorists in the UK with the average motorist consuming around 21 litres of fuel each week. This could equate to a potential saving of up to £175 per year.
The following table illustrates typical and potential savings to be made:
|Litres Consumed||Annual Savings|
|Per Week||Per Year||Typical Saving||Maximum Saving|
Typical savings are based on the difference between the average price of fuel, and the cheapest, which works out at around 5 pence.
Notes for Editors
Fubra is a leading price comparison and consumer information
company. Their aim is to create a leading innovative network of websites which provides
useful data and tips to help UK users save money.
OurProperty.co.uk – the leading UK website that displays the actual price that
property was sold for. Every property sale in the last 5 years in England,
Scotland and Wales is listed. Millions of people have visited the website and
over 600,000 subscribers regularly check sold price for property in their area.
Again registration is free.
For more information contact:
P: 0844 816 0001
F: 0844 816 9999