Portuguese spend €370 per month with the automobile

The monthly average of the costs of the vehicles in Portugal is around €370, with half of the automobiles has spent more than €290 per month. This is the conclusion of the first statistical report published by the portal Autocustos for the first quarter of 2014.

The report, which was published today at least one Car, was based on an anonymous survey conducted for users of the Autocustos site between January and may this year. The size of the sample submitted by Portuguese users is 230 vehicles, being the 8.2% margin of error.

According to the report, the average monthly devaluation of the vehicle is €145, i.e. the equivalent of 1,740 euros per year.

Aft er the devaluation of the vehicle, the second largest monthly cost for the Portuguese is with the fuels (29%) that can reach € 108 per month. However, the remaining costs of the private vehicle, as the vehicle insurance and coverage, interest on car loan, auto inspection, single circulation tax (IUC), maintenance, repairs, parks, tolls, parking tickets and fines and washes, add up to €119 per month, which means about 32% of all these monthly charges.

If we take into account that the net average wage in Portugal is around €711 monthly liquids, "notes that it seems that if you work half a year to pay for the car. This is great irrationality. From a financial point of view, it would be exactly equivalent to only work part-time without owning a car, "explained João Pimentel Ferreira, free software programmer who developed the portal Autocustos.

The report was conducted by Fernando Martins, graduated in statistics from the Faculty of Sciences, University of Lisbon. You can consult the full report here.

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