Research has revealed the most desirable second-hand cars, with the Ford Fiesta topping the ranking. However, searches for the Fiesta in Wales are actually down with Welsh drivers instead searching for the Volkswagen Polo - with searches for this model having increased by 38% over the last three months. The data, carried out by the experts at Uswitch Car Insurance, analysed factors such as … [Read more...]
Shocking depreciation of EVs worries trade
The steep depreciation on some EV models has made dealers wary of buying them for stock, according to new research by HonkHonk.co.uk. HonkHonk is the trading platform that brings motorists together with dealers who want to buy their cars and is now warning EV drivers to expect little enthusiasm when they offer theirs for sale. More than one in three used car dealers report that they are 'much … [Read more...]
Toyota top for reliability, says Warrantywise
The Toyota Yaris is ranked as the most reliable used car you can buy according to the latest figures released in Warrantywise’s annual Reliability Index today. Warrantywise, the UK’s leading used car warranty provider, today reveals the results from its highly anticipated annual Reliability Index using data from 2020 to 2023 as it declares the Toyota Yaris as the most reliable used car in the … [Read more...]
The cars which are still stars keep rolling
Big film releases and famous cars go hand in hand, with the big screen often helping to immortalise certain makes and models through iconic scenes and high-octane car chases. The likes of the flying Ford Anglia in Harry Potter and the Chamber of Secrets and the DMC DeLorean in Back to the Future have gone on to become stars in their own rights, but what actually happens to these motors once … [Read more...]
Used car buyers skip vital checks
A recent study has revealed that many used car buyers skip vital checks before making a purchase. In fact, one in ten Brits admitted that they make no checks at all when buying a used car, leaving them unaware of any potential vehicle issues. The survey, conducted by online car-changing marketplace Carwow, uncovered just how common it is for used car buyers to skip essential checks. Despite … [Read more...]
Used car prices to fall this year, traders tell Startline analysis
More than eight out of 10 used car dealers expect used car prices and values to continue to fall this year, new research shows. The March Startline Used Car Tracker says that one in five (20%) think the rate of fall will accelerate, 28% believe they will continue at the current speed, and 36% that they will be less severe. Paul Burgess, CEO at Startline Motor Finance, said, “Over the last year, … [Read more...]
Tradelines 6 March
Car makers, component suppliers and the recycling industry across Europe have criticised proposed new legislation on dismantling. A planned EU law would require the complete recycling of vehicles down to the smallest component, such as a circuit board, but the opponents say this is unrealistic, impractical and would generate more carbon emissions than would be saved by ethically disposing of the … [Read more...]
Poor reliability & higher costs drive change, says Carwow
Reliability and higher running costs are the top reasons for selling their motor according to a new survey by Carwow, the online car-changing marketplace. Nearly eight out of 10 respondents (78%) cited reliability as the biggest reason for changing their cars, while increased running costs (71%) came a close second on their list for choosing to sell. Despite being a nation of vehicle … [Read more...]
Van drivers carry heavier risks and penalties
Getting behind the wheel of a van can be tough, especially when you're not used to, or aware of the handling changes and travel restrictions that come with larger vehicles. Although cars and vans may be similar in mechanics, they do differ in handling and manoeuvrability. So, if you're looking to get behind the wheel of a larger vehicle, it's important to be aware of these differences to keep … [Read more...]
Reselling rates for EVs close to petrol and diesel models
Disposal conversion rates for electric vehicles were very close to their petrol and diesel equivalents over the course of 2023 and beat plug-in hybrids, reports epyx. In total, 91% of EVs found buyers when made available through trade sales to dealers, compared to 94% for petrol and diesel, and 87% for PHEVs. However, EVs did sell more slowly - at an average of 12.5 days compared to around 7-8 … [Read more...]