Finance News

Trendsetting Mitsubishi eyes BIK changes

7 August 2019

Mitsubishi Motors UK welcomed the government’s plans to restructure the Benefit in Kind taxation system. The change will encourage the uptake of greener vehicles amongst business users. In the next financial year, beginning in April 2020, the UK’s best-selling plug-in hybrid, the Mitsubishi Outlander PHEV, will now attract a BIK rate of 12% for eligible … [Read more...]

Tradelines 7 August

7 August 2019

Mitsubishi Motors in the UK has registered the final Mitsubishi Shogun and added it to its fleet of heritage vehicles after 37 years and 114,164 British sales. The Shogun SWB Barbarian was one of the last examples of the formidable 4x4 icon to make its way into the UK via the brand’s Portbury-based import centre, following the end of European production … [Read more...]

Excess giveaway by GoCompare

5 August 2019

Customers arranging car insurance through GoCompare are set to benefit from financial assistance aimed at reducing the cost of making a claim, as part of an innovative campaign to raise awareness of insurance excesses. GoCompare Car Insurance is giving away free £250 excess cover to every customer who buys a qualifying car insurance policy. Customers who … [Read more...]

Newslines 2 August

2 August 2019

Vauxhall's fifth generation Corsa with a new range of high efficiency petrol and diesel powertrains from the parent PSA Group is available to order from £15,550 on the road. Arriving in Vauxhall showrooms in January, Corsa has undergone a complete overhaul in four core trim levels with every engine variant of the new model emitting less CO2 than even the … [Read more...]

MG ZS EVs snapped up, discount extended

2 August 2019

Orders for the new MG ZS EV have exceeded 1,000 models in a fortnight. Customers have been snapping them up from just £21,495 with Government and MG discounts, and its success has meant this price will be held for the next 1,000 orders as well. The first 1,000 customers also received a complimentary home charging unit – an offer which will not be … [Read more...]

UK Automotive is struggling

31 July 2019

British car manufacturing output fell by more than a fifth in the first half of 2019, with a 15.2% decline in June marking the 13th consecutive month of negative growth, according to the Society of Motor Manufacturers and Traders. Some 666,521 cars rolled off production lines in the first six months, a year-on-year loss of 168,052 units due largely to … [Read more...]

Cost of electric charging is fuel for thought when buying

31 July 2019

Laws banning petrol and diesel cars are beginning to be introduced around the globe and forcing car makers to turn their attention to hybrid and fully electric vehicles. Fully electric vehicles may well be the future of low-emission transportation but, for now, hybrid cars are proving an increasingly popular compromise. Dual-energy cars are continuing to … [Read more...]

Pre-reg bargains to be had by canny motorists

24 July 2019

Pre-registrations are returning to the new car market in a noticeable manner, members of the Vehicle Remarketing Association were told at the organisation’s latest meeting. Speakers Mike Jones, chair of ASE Global and Rupert Pontin, insight director at Cazana, both indicated in their presentations that late-month registration activity was increasing. Mike … [Read more...]

VW Polo is fastest selling used model

23 July 2019

SUVs and smaller family hatchbacks dominate a ranking of Britain’s fastest selling second hand cars, according to research by AA Cars,. The data reveals that Volkswagen’s Polo is the fastest selling car of the year so far, being advertised for the shortest length of time before being snapped up by eager buyers. Motorists have also been quick to purchase … [Read more...]

Charging, range and costs are keys to starting ev drive