Car insurance premiums decrease by £745, a drop of almost a third (32%), after one year of no claims discount, according to Compare the Market. When drivers come to renew their policy, those who have not made a claim on their car insurance can typically receive a no claims discount, or no claims bonus, from a number of insurance providers, with the discount rising the longer that you drive … [Read more...]
Brimming your tank is past it
Almost one in five motorist, around 18%, are no longer “brimming” their tank when they fill up with fuel due to rising mortgage and rent costs. The impact of high housing expenditure on personal finances also means 12% have stopped using their car altogether while 10% want to swap their current model for one that costs less to run - and 5% may have to sell their car. August’s Startline Used Car … [Read more...]
Become a hybrid hero, says Toyota
As the cost of living continues to increase with persistently high fuel prices, Toyota (GB) has put together some tips to help drivers get the most out of their hybrid electric cars, improving fuel consumption, so they can travel further for less. A new short film features TV presenter Grace Webb (above) explaining the Toyota Hybrid driving tips for best fuel economy. It’s not just hybrids … [Read more...]
Halve your new company car costs
With the cost-of-living crisis heading the domestic political agenda, an EV salary sacrifice car scheme costs nothing to introduce, works for all employees, and can save workers hundreds of pounds per month. An innovative electric car scheme holds the key to solving the two crises facing the world today – the climate emergency and the cost-of-living crisis. After a summer of record-breaking … [Read more...]
Bigger savings emerging with electric cars
The annual running cost of an electric vehicle is now £579 cheaper on average than a petrol-fuelled car, according to the latest research from comparethemarket.com. This saving in cost has increased from 2021 when EVs were just over £400 cheaper to run. The research, which analyses the price of insurance, fuel, and road taxes, shows that the average annual cost of running a petrol-fuelled car is … [Read more...]
Saving money not environment is driving ev sales
Cheaper running costs rather than benefits to the environment topped the list of reasons for motorists considering an electric vehicle over the past two years, according to new research. The finding comes from a raft of unique insights into the car buying process and motorists’ choices just revealed by Autovia publication. Autovia's comprehensive 'Driver Power Shopper' study, drawn from the … [Read more...]
Avoid the shock from your car charging bill
New data reveals more than a quarter of current electric vehicle drivers charge at peak-hours rather than during most cost-efficient periods Over half of all current EV drivers do charge off-peak, but even these drivers could use more efficient charging strategies to ensure electricity can continue getting greener as demand for EVs skyrockets. More than a quarter (28 per cent) of EV … [Read more...]
Cardiff drivers benefit most from lockdowns
Cardiff drivers have come out top of the UK workers who have saved £600 Million during the lockdown collectively by not having to commute to work and driving less overall. This is based on 46.6% of the UK workforce spending time working from home over lockdown, and the average fuel saving during the lockdown period being £76 a month. Cardiff commuters saved the most, £88, while drivers in … [Read more...]
Right fuel for the job is really important
Chevin Fleet Solutions, a leading global provider of fleet management software, has released a new whitepaper, ‘Selecting Your Vehicles – the Right Fuel for the Job.’ The paper reviews the different fuel type options that are available on today’s market – including petrol, diesel, hybrid and electric – alongside both tax and legal changes that can have implications when choosing fleet … [Read more...]
£700 saving by car sharing into Cardiff
Drivers who car share with three others for just three days each week into the Welsh capital could save themselves over £700 every year. New research from a national commuting survey by automotive retailer Inchcape paints a colourful picture of car sharing potential. The full report highlights how commuters across the country could be saving themselves time and money, whilst also helping to … [Read more...]