Martin Lewis has shared a tip for drivers that could save you hundreds of pounds each year. As fuel prices across the country continue to soar, household budgets are under even greater strain.
In some areas, petrol and diesel prices are already more than £2 a litre. So finding the cheapest available fuel is a top priority for drivers. Martin Lewis has highlighted a way to immediately cut the amount you spend on the forecourt, and he says it only takes a few seconds, reports the Manchester Evening News.
Tweeting to his followers, the money expert said: "Find the nearest cheapest petrol station near you.... Petrolprices.com." The website allows people to enter their postcode and compare petrol and diesel prices, including specific types of fuel such as premium. More than 2.1 million UK drivers already use the site, which says it can lead to savings of over £220 a year. Martin's tip proved so popular that the website crashed following his tweet.
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Drivers need to register in order to use the site. But it only takes a few seconds so is well worth doing. However, some people weren't happy at having to give their details. One person took to Twitter to write: "Why do I need to give my information and sign up?" To which Martin Lewis replied: "Because they want to build a database in return for letting you access theirs!"
The average cost of a full tank of petrol for a typical 55-litre family car exceeded £100 for the first time, according to figures from data firm Experian Catalist released last week - hitting £100.27, says KentLive.
This week saw the first few petrol stations hit the £2 per litre mark, with one in Gateshead hitting 202.9p per litre - a situation one angry motorist described as "totally insane". The wholesale oil price rose by around 6% in the last week, and shows no signs of slowing down.
And the jump, which saw pump prices go up 2p a litre in just one day, was the biggest daily rise in 17 years. RAC spokesman Simon Williams said: “More radical government intervention is urgently needed, whether that’s in the form of a further reduction in fuel duty or a VAT cut.
“As it is, drivers surely won’t be able to cope unless something is done to help. This is fast becoming a national crisis for the country’s 32 million car drivers as well as countless businesses.”
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