Car insurance prices rise

The average car insurance premium has risen by over 15 per cent, according to figures released by the AA.

Cited by I4U.com, the figures also showed that those of a young age or who are middle-aged have been hit the hardest; potentially driving Brits to think "I want to sell my car and use the money for something more worthwhile."

Those who are tempted to sell their car but are unsure how they will survive without it could consider using hire cars instead, to save on cash. Mirror.co.uk revealed this is a sensible option, stating: "You could sell up and join a car club, where you simply hire a car when you need to.

"Clubs charge an annual fee of £100 to £300, then an hourly rate from £5," it added. What's more, those who drive fewer than 6,000 miles each year could save in the region of £3,500, it revealed.

Alternatively, if they aren't quite ready to sell, Brits can take the initiative to shop around for the best insurance deal.

That's what Brit Jon Parry did, the Mirror also revealed. He saved some £460 by shopping around for the best deal, stating: "I'm not really the kind of person who gets excited about saving on their car insurance, but when I saw I could save £460." Parry said he couldn't stop jumping up and down when he found out the good news.

Ivan Stone, Melbourne, BMW X5 Sport

Alison Pepler, Kent, Ford Focus ST3