Increased fuel prices would see less cars on the road
THE question is, what price would petrol have to reach before you started leaving the car at home?
Many people recall their parents or grandparents saying the day petrol prices reach $1 a litre they'll stop driving.
According to a survey taken by insurance provider Budget Direct, almost one-third of drivers will consider leaving their cars at home if fuel prices rise by another 20 cents.
An astonishing 30% of people said they will keep driving their cars regardless of the price of petrol.
It would take fuel to reach $2 per litre before 23% of Australians would consider other modes of transport.
One in five people would start reaching for their bus passes with petrol up to $2 per litre, and almost a third (28%) of those surveyed said petrol at $1.80 per litre would be enough to force them to make changes.
While those prices might seem sky high its worth remembering in 2010 the average price of ULP was just $1.27. With petrol averaging $1.47 in November 2013 and prices around the $1.60 mark in many centres, $1.80 per litre doesn't seem so farfetched.
The survey also found many Australians are using other ways to save on petrol and maintenance costs.
- 63% are driving less
- 53% are washing their cars at home instead of a car wash
- 30% are taking public transport more often
16% are putting on their DIY hats and doing their own car servicing.