A few months ago everyone strongly believed that fuel costs could at last have been getting to a more stable level, I mean a litre of fuel dropped to as low as 90 pence, but things seem to be taking a slide once again as we see prices increase to over the pound mark.
It seems really odd to me personally, simply because of the fact that the car industry have been suffering somewhat and they have now seen a rescue package in the form of the scrappage scheme. This is simply where the government give you £1000 for new cars and the manufacturers give you another £1000, so in total you get £2000 towards a new car if your vehicle is older than a decade.
It make you undecisive about whether or not the increase in fuel costs were planned to cover for the money spent on the scrappage scheme. I mean everyone knows that no one gives money away for free, so there must be something more to this.
If you look at it another way then the increase in fuel could mean more taxes to the government. We are currently in a huge recession and the cost should be really low, but they are infact higher then ever.
Although the government have stated that they are doing this to help protect the environment, that statement could in fact be true, but I in no way see them losing money to save the planet because that is just not the way that things seem to work in the world.
So to sum up if you are looking to buy a new vehicle that I would literally go for a smaller more economical one as fuel prices will rise further and further.
Do you want to Buy a Porsche or Buy a New Mercedes
