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The average annual cost of owning and running a new car has jumped by 6.3% in the last 12 months, according to RAC’s annual Cost of Motoring (CoM) Index¹. The £346 increase, which is twice the rate of inflation², takes average costs up to £5,869 from £5,523 in 2009. This equates to £112.87 per week or 48.91p per mile.
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