Irrespective of the reason for travelling, there is one question which haunts all travellers: is private or public transport cheaper?
Determining whether it is more affordable to travel by car or train is something we all must do at some point in our lives – but how can you find out?
The problem with comparing the cost of travelling by train and car is that there are too many variables to take into consideration.
Whilst public transport may seem cheaper as there is only one fare to pay, as opposed to the infinite list of expenses associated with motoring, the convenience of private transport could be seen to outweigh this and cars can prove to be more economical over longer distances.
Train fares
A report on the BBC at the end of 2011 revealed how rail fares were set to increase by just shy of 6% in 2012. Whilst this was a smaller increase than the 8% which had been previously predicted, it still means that public transport is not as cheap as it once was and that could drive individuals back to the comfort of their cars.
Of course, seasonal tickets can be purchased for those eager to save on regular commutes, but arguments over the reliability and practicality of public transport can remain a deterrent to those who own their own vehicle.
Fuel efficiency
For personal vehicles, the main area of expense is petrol and motorists will be more than familiar with the numerous price increases which have afflicted this resource recently. However, the automotive industry’s continual focus on energy efficiency and ‘green’ motoring mean that cars are now more efficient than ever, achieving more miles to the gallon and thus offering better value for money.
Despite this, motoring costs can still be high and drivers need to remember to factor insurance premiums, road tax charges and maintenance costs when evaluating the affordability of their car.
Even products such as breakdown cover can have a significant impact on the overall cost of driving – although, with firms such as Asda Finance offering cover from as little as £7.50 a month, this is one expense which is unlikely to have a huge impact on drivers.
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