Oct 162018
 

Warranty Direct used the latest data from GlobalPetrolPrices to compare different global fuel costs and calculate how far you would travel on a series of iconic car journeys around the world on twenty pounds’ worth of petrol.

As announced earlier in July, these are the top five most expensive and cheapest petrol rates around the world:

Bottom 5 least expensive countries Cost per litre ($) Top 5 most expensive countries Cost per litre ($)
Venezuela 0.01 Hong Kong 2.20
Iran 0.29 Norway 2.08
Sudan 0.34 Iceland 1.98
Kuwait 0.35 Netherlands 1.95
Algeria 0.35 Greece 1.94

While not in the top five most expensive countries, it’s still bad news for the UK. Our rates came in the bottom 15% of the study (129th) with petrol costing $1.71 per litre.

As a result, drivers taking on one of the country’s most famous routes – Land’s End to John o’ Groats – using UK fuel rates, wouldn’t even make it a fifth of the journey (16%) on a £20 tank of fuel. The total cost of the journey would cost £122 to complete.

US and UK global petrol rates rankings, compared with the rest of the world:

Global Ranking Country Cost per litre ($)
36 United States 0.85
129 United Kingdom 1.71

Comparatively, US drivers taking the route from Cornwall to Scotland could complete the journey on just £61 worth of fuel, if using the US fuel rate ($0.85 per litre).

The USA performed well in the study, with petrol prices appearing in the top quarter cheapest in the world (36th). US drivers pay less than a quarter of the fuel tax their UK counterparts pay, meaning they benefit from much lower prices.

US drivers could even drive the famous US Route 50 (3,017 miles) on just £205 worth of fuel. To put this into perspective, driving the same route on UK petrol prices would cost more than double (£422).

Hong Kong posts the highest global fuel prices, with a litre of petrol costing $2.20, which is over 200 times as much as it costs in Venezuela (the cheapest country). This means a driver from Hong Kong would need to spend £157 to make the 874-mile journey from Land’s End to John o’ Groats.

European countries dominate the top 5 most expensive petrol prices, with Norway, Iceland the Netherlands and Greece taking spots 2-5 respectively.

Norway posts the second most expensive fuel prices in the world – $2.08 per litre – with high tax levies to blame for Europe’s extreme petrol prices. In fact, £20 would only enable Norwegian drivers to complete 13% of the Land’s End to John o’ Groats route.

Native drivers taking on an equivalent iconic route in Norway – Trondheim to Sandefjord – would also only make it 39% of the distance on £20 of fuel.

Venezuela keeps fuel prices drastically low due to government regulation, meaning prices haven’t changed since 1997.

Such low rates could see you complete the Land’s End to John o’ Groats journey on just 72p and the longest drivable distance on Earth (from Sagres, Portugal to Khasan, Russia) on just £10 worth of fuel, and still have over a quarter of a tank left.

The contrast between the cheapest and most expensive countries is further emphasised when you consider a trip to the moon. On £1,000 worth of fuel, a driver from Hong Kong would only make it 2% of the way to the moon, whereas a Venezuelan driver would make 511% of the journey.

Warranty Direct also completed an analysis of several other well-known routes including; the Karakoram Highway, the longest drivable distance on Earth and Argentina’s Ruta.

See how other countries compared here (link to infographic)

Simon Ackers, CEO at Warranty Direct commented on the findings:

“The results of our latest data analysis are really interesting and the driving routes help to visualise the size of the gap in fuel prices across the world. Although most people wouldn’t drive these journeys in one go, they go to show how much the price gap can add up”.

Sep 042018
 

Essential Driving AppsBeing able to drive is one of life’s luxuries, but, it can also bring with it a host of frustrations. There’s parking, fuel costs and car maintenance to consider (as well as the initial stress of selecting the right vehicle for you at the start.)

However, with the rise of driving apps, motorists can now enjoy additional car add-ons, without the hefty price tags.

Here, Warranty Direct shares some of the best apps to take some of the stress out of your daily drive.

Triumph over traffic

There’s nothing worse than having your morning commute to work ruined by stand-still traffic.

This is where your trusty sat-nav can come in useful, as it helps plan the best and quickest route to your chosen destination. It can also work out the best alternative route, if you find yourself stuck in a bit of a jam.

There are apps available to assist too, such as Waze. All you need to do is log the journey and destination before you start driving and, voila, a less time-consuming travel experience should await!

You can use maps on your iPhone or Android to stay up-to-date with the latest traffic conditions as well, but make sure your phone is set up as hands-free, to avoid any safety issues on the roads.

Stay on track

As most drivers know only too well, keeping a car on the road can be costly. There’s car maintenance, fuel costs, insurance and tax to think about.

There’s a lot to consider, but luckily car management apps can help put you on the right course. Drivvo is designed to help you manage the cost of fuel consumption, car maintenance expenses and service costs.

It also has an innovative feature which allows you to check fuel prices at stations nearby.

Park your troubles

Research on the cost of parking in the UK found the average motorist spends almost £2000 a year on parking. Thankfully, apps such as JustPark help motorists find a solution to this costly problem.

From work journeys to weekend trips, JustPark can provide you with directions to car parks and on-street spaces, plus information on availability and restrictions.

It also offers 20,000+ reservable locations, so you can book parking in advance too.

With the average Brit spending an estimated four days every year looking for parking spaces, this app could bring an end to hours of parking woes.

In a dash

According to a recent AA study, dashcam usage has rocketed from 1 to 15% in just four years.

One of the reasons behind this boom is because these small cameras (usually mounted on the dashboard or windscreen of your car) document crucial evidence that could protect you in the event of a car accident.

Not only does dashcam footage help in the event of an accident, but some insurers are offering motorists discounts on their car insurance premiums if they have a dashcam installed.

While the reliability of dashcam apps greatly depends on the quality of your smartphone, they can give drivers additional peace of mind.

Breaking it down

Sometimes it’s hard to know what condition the internal components of your car are in. Unless a fault happens, you won’t know and if it happens suddenly, it could take away your control over your vehicle.

Warranty Direct recently teamed up with Engie to help put control back in your hands with its diagnostic device.

By connecting its Bluetooth device to a car’s computer via the OBD2 port, it can transfer data such as daily vehicle diagnosis, journey data and more to the accompanying smart phone app.

In the event of a malfunction or an upcoming vehicle service, the Engie app can also help aggregate real time quotes from nearby mechanics as well; helping you save money during your vehicle ownership.

We believe the Engie device and app brings more control to vehicle owners and allows them to talk directly to their cars. As such, we’re offering an Engie device to new and renewing customers for FREE*.

*Subject to Warranty Direct and Engie terms and conditions. See warrantydirect.co.uk for further information.


Policies underwritten by Pinnacle Insurance plc. Arranged and administered by Warranty Direct. Authorised and regulated by the Financial Conduct Authority.

Aug 232018
 

Driving LawsIt’s been over a year since the new laws for speeding and mobile phone use behind the wheel were introduced, but have they really made a difference?

Leading car warranty provider, Warranty Direct has analysed Department of Justice data from over the past five years, to reveal what impact the new laws have had on the driving behaviours of the general public.

While it might seem extreme that driving laws are becoming increasingly stricter, research has shown how important it is for laws to be in place to prevent reckless driving.

Road safety site, Think, found you’re 4 times more likely to be in a crash if you’re using a mobile phone while driving, and also 4 times more likely to crash while travelling at 40mph than 30mph.

With alarming statistics on the rise, March 2017, saw higher fines issued to people caught using their mobile phone behind the wheel. Punishments were doubled from three points to six points on your licence and a fine of £200 up from £100.

Laws against speeding were also updated on 24 April 2017. Fines increased from a minimum of £100 to up to 150% of a person’s weekly wage. You could also expect to receive up to 6 points on your licence, depending on how much over the speed limit you are caught driving.

To find out how successful these new laws have been at reducing dangerous activity behind the wheel, Warranty Direct compared the number of fines issued before and after the updates were introduced.

The tables below show the number of fines issued from May to December 2017, compared with the number of fines issued in the same period in previous years.

Date range Quantity of fines for speeding
May- Dec 2013 75428
May- Dec 2014 101823
May- Dec 2015 111067
May- Dec 2016 110863
May- Dec 2017 101654

The number of speeding fines issued annually between 2013-2015 increased up to 68%. Although there was a slight reduction in 2016, after the new fines were introduced, not only did the number of fines continue to decrease but they dropped by 8.5%.

2017 data recorded the lowest number of fines for 4 years, and if this drop continues next year, the number issued for speeding will drop below 100,000 for the first time since 2013 (to 93,000).

Date range Quantity of fines for mobile usage
Mar- Dec 2013 14974
Mar- Dec 2014 14970
Mar- Dec 2015 14027
Mar- Dec 2016 11052
Mar- Dec 2017 6175

Fines for using a mobile phone while driving decreased even more dramatically. The number issued dropped 44% in 2017 compared with the same period in 2016, and by 59% compared to 5 years prior in 2013.

It’s clear from this steep decline, drivers have taken note of the updated punishments for breaking the latest driving laws and being more cautious on the roads.

Simon Ackers, CEO of Warranty Direct commented on the findings:

“It’s great to see these updated driving laws have had a significant, positive impact on driving behaviours, in such a short space of time.

“I don’t believe it’s just the increased financial penalties influencing people’s driving behaviour either, as motoring authorities have increased their efforts to raise awareness of the dangers of unsafe driving.

“We fully support any new measures which make our roads safer for both drivers and pedestrians. I believe more motorists are truly beginning to understand the consequences of speeding and using their mobile phones at the wheel.