Daily BulletinHoliday Centre


How moving away from traditional car ownership can save you thousands a year

  • Written by Anthony Welsh, Director of Popcar

Recent research commissioned by Popcar has discovered that over half (53%) of Australians worry about the financial pressure of owning and upkeeping a car. Annual loan, insurance, fuel, toll and roadside assist repayments are just some of the reasons as to why more than 1 in 3 Australians rate their car as the financial pressure that concerns them the most.

The study also found that 8 in 10 Australians make a car purchase based on the need for convenience and freedom of getting around. However, the cost of owning a car averages around $7,232 a year (excluding car repayments), a heavy price considering 1 in 2 Australians spend less than 2 hours per week in their primary vehicle, according to the research. Not only are car owners draining their pockets paying for cars that sit unused for most of the week, but many Australians also indicated that paying for their car holds them back from being able to afford other items and experiences that are important to them, such as saving for the future (75%) or going on a holiday (70%).

Dr Parvinder Kler, Director of the Sustainability Energy Policy Cluster (SEPC) at Griffith University, speaks to the research, highlighting a few key insights. He noted that the habitual nature of car ownership for Australians is a hard habit to break. Whilst many dread the heavy financial burden and hassle associated with car ownership, the ideals of convenience and freedom to get from one location to the next are hard to turn away from. There is also a perception that car ownership is a sign of success, particularly amongst older Australians (25%).

Another factor that puts some people under financial pressure is not realising the ongoing, long-term costs of owning a car before purchasing one, especially with the high and fluctuating price of fuel or unexpected maintenance costs for instance. Getting rid of your car is the easiest and fastest way to make some noticeably big savings on a yearly and even daily basis.

There are many alternatives to traditional car ownership which are convenient and cheaper but there is still work that needs to be done to change the concept of car ownership. With the research showing that the most common car trips are for the grocery shop (71%), commuting to work (50%) or socialising with friends and family (43%), less traditional modes of transport seem to be more a better option than ever.

Having launched in Australia 3 years ago, Popcar identified and grabbed onto this changing perception and the rapid rise of the ‘share economy’ to meet the changing needs of the market. Popcar aims to offer people an alternative to car ownership so that they can avoid the hassle of maintenance and necessary up keep of a car. Better yet, whilst driving a pristine and new vehicle, Popcar’s customers can simultaneously save money by only paying for the vehicle if and when they use it - removing that financial burden.

In line with its mission to change the way Australia moves around in a more sustainable way, Popcar is changing the convention and costs of owning a car and providing Australians with the option to access a car for any occasion. Popcar takes care of all the running costs of the vehicle including registration, fuel, insurance, maintenance and not to mention stress associated with owning a car.

So, if you’re feeling the financial burden of owning and upkeeping a vehicle, whether for your own personal use or as a business, car sharing services such as Popcar can offer more cost-effective means of getting around. Not only does Popcar allow you to save money and spend it on the things you really want, it also offers a more sustainable future for Australians.

By Anthony Welsh, Director of Popcar

The Conversation


Stepping up trade and cultural ties in the Pacific

Recognising the strong cultural and economic significance that kava has for Pacific communities, including those living in Australia, the Australian Government is stepping up its commitment to the P...

Scott Morrison - avatar Scott Morrison

Prime Minister - Statement on northeastern Syria

The Australian Government is deeply troubled by Turkey’s unilateral military operation into northeastern Syria.   Actions of this nature will have grave consequences for regional security and co...

Scott Morrison - avatar Scott Morrison

David Littleproud Interview with Fran Kelly ABC Insiders

FRAN KELLY: David Littleproud, welcome to Insiders. DAVID LITTLEPROUD: Thanks for having me, Fran. FRAN KELLY: You heard Joel Fitzgibbon there - "Just do something." What and where is the governme...

David Littleproud MP - avatar David Littleproud MP

Business News

Setting Up a Global Business in the 21st Century

In the modern era, there has never been a more globalized economy than what exists today. Nations from all across the world do business with one another, and private companies trade their goods and ...

News Company - avatar News Company

Understanding the Essentials of Operating a B2B Business

In the 21st century, there have been immense changes that our society has seen. From the way that people interact with each other to the immense alterations throughout our culture, the past two deca...

News Company - avatar News Company

How to Start an Ecommerce Smartwatch Business

As the Internet has become more popular in the past few decades, and as people have adopted web-based technologies like smartphones and laptops into their everyday lives, the Internet has become mor...

News Company - avatar News Company


A First-Timer’s Guide to Whistler

Whistler ranks among the best skiing region in the world. Located in British Columbia in Canada, the resort attracts thousands of skiers and holidaymakers each year. Families bring their children fo...

Anees Saddique - avatar Anees Saddique

Top travel tips for Central and South America

Preparing for your trip to Latin America With tropical beaches to icy glaciers, ancient ruins to natural wonderlands, thick rainforest to wild Patagonian plains, a holiday to Latin American is th...

Digital 360 - avatar Digital 360

Entertainment spots in Queens New York

Vacation is very important, especially when one has been working very hard for a long time. Now to plan a vacation it is always advisable that one research on best places to choose as the destinatio...

Joseph Bracker - avatar Joseph Bracker