RAC: Poor are spending third of income on cars
Families on low incomes are spending up to a third of their disposable income on their car, figures suggest.
A study by the RAC foundation showed 800,000 households spent at least 31% of their disposable incomes on buying and running a vehicle in 2012.
The figure was a 4% increase on the previous year.
RAC director Stephen Glaister told BBC Radio 5 live's Wake Up to Money: "If costs go up, those people are going to be extremely hard hit."
06 Feb 2014
- From the section Business