Australian Motorists Paying $63 Billion Per Year In Running Costs: Bingle

Australian motorists are collectively paying $63 billion per year in running costs to keep their cars on the road, according to the 2014 Bingle Cost Of Motoring Index.

Servicing costs, maintenance, parking and tolls were all considered for the Index, along with fines, fuel costs and of course, insurance.

Now in its third year, the Index shows a steady rise in the costs associated with keeping a vehicle on the road since 2012.