2024 brings with it light and shade for motorists. The running costs of a car have indeed risen to the limit. 4,300 Euros per vehicle, Excluding stamp duty. However, not all expenditure items have increased and there are some reserve surprises. This is according to a survey conducted by the association of Italian body shops, Federcarrozzieri, regarding the expenses incurred by Italians in purchasing and maintaining vehicles.
Buying a car now costs more.
The first data that comes out of research concerns. Buying a new carFor which the average costs in 2023 increased from 28,800 euros to approx. 29,300 euros in 2024, with an increase of +1.7%. Although this increase seems limited, it should not be underestimated: in 2019, before the energy crisis, the Covid pandemic and the war in Ukraine, the average price of a car in Italy was around 21 thousand euros. So the real growth was +39.5% over the last five years.
“A series of factors have weighed on the rise in new price lists in recent years: increasingly strict rules on emissions, sophisticated safety equipment, on-board technology and increasingly invasive and expensive electronics, coupled with an international crisis in logistics. Together, all variables that have a direct impact on the cost of production and therefore on the prices charged to the public” – explained the President David Gulley.
Supplies decrease, but maintenance and car washes increase.
In 2024, motorists recorded savings on fuel supplies. With the average price of petrol in the first eleven months of 2023 and 2024, the annual cost per petrol car and 2.5 tanks per driver per month, fell -1.7 percent, Settling at 2,749 euros. Unfortunately, there is bad news on the car insurance front: rates have increased starting in the second half of 2022, and the average price of a policy in Italy is expected to reach 415 euros at the end of the year. 385 euros in 2023, with an increase of 30 euros per driver (+7.7%).
Another thing that weighs on the car’s handling is maintenance, which affects both new and old cars, and minor repairs (especially relevant for older vehicles). In this case costs increased by an average of 3.3% compared to the previous year, reaching 463 euros, to which about 280 euros (+2.5%) must be added for spare parts and lubricants.
Finally, washing your car at car washes, which are increasingly automated, high-efficiency and technological, has become more expensive: assuming a wash once a month, the cost is over 121 euros per year.
Tolls have increased.
Car inspection service rates through the DMV and private workshops have not changed. However, i Tools hey Parking meter An average increase of 2% was recorded, as calculated by Federcarrozzieri.
“Despite a modest increase in spending this year, the glass remains half empty for Italian motorists – comments President David Galli – The 2024 price increase in the automotive sector is in fact an increase in the heavy tariffs introduced in the last two years and which included spare parts. Components, materials and labour, making car repairs increasingly expensive and time-consuming, a silent blow that came amid total government inaction”.
