As Britain faces a cold snap, motorists are considering an SUV or 4x4 to handle the bad weather. The SUV sector alone makes up almost a third of all vehicles on UK roads, accounting for 60% of all new car registrations in 2023. Experts at automotive data company HPI have picked ten used models which, at under £11K, offer great value for money … [Read more...]
Insurance Features
Signs of the times denote driving test failures
Despite 99% of drivers claiming they’re knowledgeable about the rules of driving, 98% failed to correctly identify 15 of the most common road signs, Tesco Bank found as it put their knowledge to the test. Over half (55%) of drivers claimed they would perform easily if they had to take their driving theory test today, yet only 2% achieved a perfect score … [Read more...]
The many obstacles to EV ownership
Chancellor Rachel Reeves' recent vehicle tax reforms aimed at accelerating the UK's transition to electric vehicles have sparked discussions about their potential impact on both private and corporate vehicle ownership. Now, new insights from private plate supplier Regtransfers reveal a substantial gap between government policy intentions and public … [Read more...]
Winter challenge begins for drivers
As the clocks go back and darker evenings become the norm, navigating UK roads becomes increasingly challenging as National Road Safety Week begins. With 33% of severe accidents occurring during the darker months between December and February, it’s vital for drivers to adjust their habits to stay safe in low-visibility conditions. In recognition of Road … [Read more...]
Highways & Transport are climate priorities, say experts
The highways and transport sector needs serious prioritisation in this period of climate emergency. This week's COP 29 summit will see attendees discuss how to help communities adapt to the impact of climate change with a focus on how to achieve net-zero emissions by 2050. The Chartered Institute of Highways & Transportation latest report shows how … [Read more...]
Classic cars exempt from Capital Gains Tax
In light of the recent Autumn 2024 Budget, Car & Classic announces that classic cars are exempt from the increase in Capital Gains Tax (CGT), a change that could make them an attractive, tax-efficient investment. With CGT rising from 10% to 18% for the lower rate and from 18% to 24% for the higher rate, this exemption offers an advantage for those … [Read more...]
Drivers unaware of data spying
Modern cars come with a feature most drivers and owners are unaware of, a data spy. Many modern cars can collect and transmit data about the driver to external parties using integrated internet connection and technology - but are car owners aware that they can? Uswitch car insurance wanted to understand how knowledgeable car owners are about their … [Read more...]
Dealerships in chaos after commission ruling
Car and van buyers have been blocked from collecting new models this week for 1 November as UK finance firms hold back monies due to dealers. It follows a Court of Appeal decision last week which outlawed undisclosed commission payments. Dealers were unable to allow collections or deliver cars as finance companies paused paying out on business already … [Read more...]
Premium prices slipping back, say Compare the Market
The cost of car insurance has fallen by £72 (-8%) year-on-year, according to new Premium Drivers research from Compare the Market. The average premium declined to £776 in September 2024, compared to £848 in September 2023. August 2024 and September 2024 were the first months where car insurance premiums have been cheaper than the same period in the previous … [Read more...]
Escalating costs of essential cars
New research by LeaseCar UK revealed drivers could have to pay up to £30,000 in their first year of owning a vehicle. It’s no secret that owning and running a car is one of the biggest outgoings, but one deemed as necessary by 69% of the UK. More than 11 million Brits have less than £1,000 in savings - making buying a car outright impossible for many … [Read more...]
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