Australians are increasingly parking their cars and seeking alternative modes of transport as cost-of-living pressures continue to mount, according to a recent survey. The study, commissioned by MyCar and involving over 2,000 Australian drivers, reveals that 70% of respondents have altered their vehicle purchasing decisions due to rising costs, including higher car prices, interest rates, and general cost-of-living expenses.
Changing Driving Habits
The survey indicates that Australians are holding onto their vehicles for longer periods, delaying the purchase of new cars, and considering used models instead of brand-new ones. Half of the drivers surveyed stated that their next vehicle would be either hybrid or electric, with a quarter citing rising fuel costs as a key factor influencing their next purchase.
Personal Stories Highlight the Trend
Sophie, a master's student at Sydney University, shared her experience of adapting to rising transport costs. She reduced her car usage from three to four times a week to roughly once every two weeks. She now relies on public transport, e-bikes, and only drives for essential grocery trips when carrying items is impractical. Sophie also noted that her car is overdue for a service and that fuel expenses have prevented her from visiting her family in Canberra as frequently as before.
On social media platform Reddit, Australians have been discussing their strategies to cut transport costs, including reducing unnecessary trips and carpooling.
Impact on Vehicle Maintenance
A recent report found that nearly 80% of young Australians are postponing essential car maintenance. Stuart Charity, chief executive of the Australian Automotive Aftermarket Association, stated that fuel shocks and cost-of-living pressures are profoundly affecting drivers. As more people keep their vehicles longer or delay purchases, demand for servicing and repairs increases, making investment in skills and training critical to keep older vehicles safe and roadworthy.
Adele Coswello, chief customer officer for MyCar, noted that people are adapting to economic realities and that rising fuel prices are pushing more Australians to consider electric or hybrid vehicles.
