With the cost of living continuing to rise and the average annual cost of car insurance reaching £586, many people will be looking for methods to reduce this expense. From enhancing security to seeking rewards, the car insurance experts at Confused.com share their tips on how to get cheaper car insurance: Don’t accept your renewal price - Many … [Read more...]
Finance News
Welsh trials power new drive
AFTER trials in North and Mid Wales a new “energy map” to quickly identify the best places to install public chargepoints for electric vehicles (EVs) has been developed as part of an innovative project led by SP Energy Networks. The project also investigated how increased charging demand can be effectively accommodated by the local electricity … [Read more...]
Dealers putting brakes on buying EVs
Dealer margins are being squeezed as despite strong demand it is proving difficult to push retail prices up, according tp CAP HPI. This is due to consumers cost-of-living concerns and high used car prices from increases since the start of COVID, and especially in 2021 when values increased by c.30% on average. Plus there is strong competition from other … [Read more...]
Government is failing drive towards EVs
More than seven out of 10 car dealers (71%) say that not enough is being done to support the UK motor industry’s transition to electric vehicle manufacturing. March’s Startline Used Car Tracker shows that 50% believe that the blame lies with the government and 7% with motor manufacturers. Paul Burgess, CEO at Startline Motor Finance, said, “Electrification … [Read more...]
Price probe call into ‘rip-off’ diesel fuel
The wholesale price of diesel is now on a par with petrol yet diesel is still being sold for 17.5p a litre more on average at forecourts across the UK, reveals data from RAC Fuel Watch. The average price of petrol stands at 146.63p while diesel is 164.26p despite both fuels selling for around 114.5p on the wholesale market. In fact, on two days last week … [Read more...]
Suzuki dramatically extend warranty
Suzuki is moving to a longer 100,000 miles warranty. As ‘The Trusted Car brand for those who are proud to be different’ Suzuki GB PLC is very pleased to announce the imminent introduction of its Service Activated Warranty Scheme. Launching to customers on 3 April, Service Activated Warranty is offered once the vehicle reaches the end of its manufacturer … [Read more...]
Surcharges of £120 for 5.0 litres of fuel
Supermarket giant Tesco faced scrutiny when a customer discovered they’d been charged £120 after filling up at a petrol station in Manchester. The customer reportedly spent just £15 on petrol using a pay-at-pump machine but was shocked to find the extra charge on his account, which he claimed didn't get refunded back into his account for over 12 hours. And … [Read more...]
E-fuels and the future of ICEs
e-Fuels could play a “limited role” for fleets in the future, says FleetCheck, especially in applications where electric vehicles might remain impractical. The fuels – designed to be carbon neutral – have hit the headlines over the last week after several EU countries asked them to be included in future car production legislation, circumventing a 2035 … [Read more...]
KIA is king say dealers but PSA are pitiful
Kia is the highest rated marque by dealers in their annual showroom and business survey while PSA Group companies were among the lowest. The all-important question ‘how would you rate your manufacturer overall on a scale of 1 to 10?’ returned an average of 6.5, on par with six months ago. Kia (9.3), Lexus (9.2), and Mini (8.8) were the top performers … [Read more...]
Beware of new insurance ‘admin fees’
Go.Compare car insurance says the number of policies that now charge admin fees has risen since this time last year. The comparison site has reviewed the 332 comprehensive car insurance products in the market in 2023 and compared the admin fees charged today, compared with the same fees charged in the same period in 2022. It found that the number of car … [Read more...]
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