The cost of buying a humble Ford Fiest has gone up more than any other “life event.”
Buying your first car is the most inflationary of life’s major milestones with the cost almost doubling over the past decade, according to a new survey.
A new Ford Fiesta - Britain’s most popular car - now costs £19,330 to buy compared with just £9,795 in 2012, a rise of 97%. That means it would take four years and three months to save enough money to buy outright for someone on average earnings.
