British drivers are determined to keep using their cars, no matter how expensive private transport becomes, it has emerged.

Car insurance provider esure conducted research which shows that 55 per cent of motorists would never consider giving up their own vehicle.

And nearly four-fifths (79 per cent) of drivers have not changed their habits despite rising petrol prices in recent years.

Those who find their fuel expenses have left them in a dire financial situation could opt for a secured home loan to unlock the equity in their property.

"Cars are clearly seen as a necessity that people refuse to give up - for many people the absence of cheap public transport means a car is essential," observes head of risk and underwriting Mike Pickard.

Some 37 per cent of drivers have given no thought to switching to a more fuel-efficient car within the next three years, the study reveals.

But with Credit Action figures showing the UK's personal debt increases by £1 million every four minutes, consumers might find a secured home loan the first step back to financial security.ADNFCR-1287-ID-18343409-ADNFCR

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