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With motoring costs continuing to increase, many motorists simply don’t have the disposable income which they once had; leading to a severe decline in the number of new car sales as the recession hit.

This has led to manufacturers offering a much larger range of additional features in an effort to entice motorists to purchase a new car rather than opting for a second hand one. Breakdown cover, extended warranty and in some cases even car insurance and petrol are thrown into the mix of extras on offer to new car buyers. Does this mean that it now works out cheaper in the longer term to purchase a new car rather than a second hand one?

MoneySupermarket.com looks for the answer to this question in the following infographic which also examines the running cost differences between petrol, diesel, hybrid and also electric vehicles; as well as considering the potential safety implications of opting for older cars.