Nearly £122M of uninsured vehicles were saved from potentially being crushed in 2018 - the highest it’s been for ten years - including supercars such as Lamborghinis, Ferraris, Bentleys and Aston Martins. High-value vehicles that had been confiscated from uninsured drivers were among those saved from being auctioned or scrapped last year, according to the … [Read more...]
Finance News
Diesel shortages beginning to show, prices rising
New diesel car sales are falling so quickly that there could be shortages of them on the used market in the near future, says the Vehicle Remarketing Association. The organisation – which represent companies that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year – says that while new car diesel demand has plummeted, … [Read more...]
SUVs to seriously consider this year
It is supposed to be the bleakest day of the year after the holiday break and bills start to arrive, but Data company HPI has compiled a select list of used compact SUVs which could lead to happy motoring in 2019. Senior valuations editor Mark Bulmer has identified five SUVs that perform well and also represent excellent value for money, making them a … [Read more...]
EVs & hybrids used propositions explained
The increasing numbers of electric and hybrid vehicles making their way onto the used market will be the focus of the first Vehicle Remarketing Association meeting of 2019, taking place on 23 January at Fleet Auction Group, Coalville. Key presentations will include Ian Featherstone of the Energy Saving Trust on background drivers for EV and hybrid … [Read more...]
Resolve to check out new car deals with care
The new year is finally here and for a lot of us that means a fresh start; a new job, an expensive gym membership or the tempting thought of buying a new or used car. However, today’s high-tech cars can be concealing unknown wallet-crunching problems. Fortunately, you don’t need a degree in electronics or a mobile diagnostic machine. Just follow our … [Read more...]
Lean and green drive car buyers choices, says report
Environmental factors have become the second most important consideration to prospective car buyers behind only price, according to figures from comparethemarket.com in its latest Premium Drivers report. The new figures show that 25% of people consider environmental impacts, such as fuel, carbon efficiency and alternative fuel, as the most important … [Read more...]
cap hpi reveal the fastest selling used cars
Used car valuations experts HPI analysed hundreds of thousands of used car adverts to create a tool that reveals how long it takes to sell a particular model in a local area. The data covers no fewer than 100 towns and cities around the UK and 551 car makes and models. From Truro to Aberdeen and Belfast to Norwich, if you want to know what the five most … [Read more...]
Welsh car sales held up well in 2018
New car sales in Wales last year did better than most other parts of Britain, show figures from the Society of Motor Manufacturers and Traders, writes Robin Roberts. Twelve months saw 79,936 new cars registered in Wales - led by Ford - compared to 82,753 in 2017, a 3.4% dip and only Northern Ireland faired better with 3.35% decline on a smaller total of … [Read more...]
Wales’ famous five continue the Suzuki story
Five dealers in Wales have been celebrated during the annual awards by the Japanese importer. Suzuki GB PLC announced its “Dealers of the Year” for 2018 at a ceremony during its recent annual dealer conference in Budapest, Hungary. The prestigious black-tie event recognised the outstanding achievements by dealerships within the vehicle manufacturer’s … [Read more...]
Newslines 29 December
Hyundai Motor Company announced the world’s first smart fingerprint technology that allows drivers to not only unlock doors but also start the vehicle. Hyundai plans to implement the technology initially in Santa Fe SUV model that is to be released in select markets on the first quarter of 2019. Kia is introducing a range of lower costs, lower rate … [Read more...]
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