IF you’re an average worker on an average salary seeking to buy an average brand-new car, you’ll have to work full-time for about 12 months for the privilege of buying and owning one outright.
Put another way, a 40-hour working week, 48 weeks of the year equates to almost 2,000 hours of time served at the office, factory, shop or wherever. Depending on which official or unofficial figure is used as a reference point (there are many), the average annual wage for a full-time employee is around the £30k mark. But after income tax, National Insurance and other work-related deductions, that figure reduces – and then some – to £20k-plus. And, by year end, it’s this sort of money that will be enough to get you the keys to, say,…
