Millions of first-time motorists are purchasing a vehicle without checking it over, a study has found. Cars are traditionally one of the most expensive purchases to make, with motorists typically spending around £3,000 on their first set of wheels. Choosing the wrong vehicle can be costly as well as dangerous - but 63 per cent of new drivers failed to research their purchase properly or … [Read more...]
Exchange rate hits UK pcp costs
Car finance costs have increased by as much as 49% since Britain voted to leave the European Union because of exchange rates worsening. The tumbling pound has left UK drivers out of pocket by as much as £98 per month, or £4,606 over the course of the full contract. Sterling has tumbled in value from more than 1.3 euros to the pound in May 2016 to barely 1.1 euros in February 2019. This … [Read more...]
Newslines 31 January
A Parkers investigation revealled that more than half of the most popular new models will cost consumers on average an extra £536 if they want to have a choice of more than one colour. Car manufacturers have reduced the palette of solid colours available to just a single offering on 30 of the country’s most popular cars. For those companies offering only one free colour, … [Read more...]