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...]
Going green as cheaply as possible
Used electric cars are offering a cheap way into a greener future. The Electric Car Scheme is revealing some of the UK’s most affordable EVs as new models, and a growing used market brings the price of electric cars down considerably. Affordability remains the biggest barrier to getting behind the wheel of an EV, with 68% of Brits identifying it as an area … [Read more...]
Diesels surge as private motorists snub EVs
The UK new car market rose 1.0% in the key ‘74’ plate change month of September, to 275,239 units, according to the Society of Motor Manufacturers and Traders with private buyers turning to more diesels than pure electric models.. In what is traditionally a bumper month for new car registrations, second only to March, the performance was the best since … [Read more...]
Fleets bridging the EV gap
A larger proportion of fleets are adopting electric vans for higher mileage roles than those who plan to use them for lesser distances, new research show. The 2024 Arval Mobility Observatory Barometer asked fleets how they were using, or were considering using, three classes of electric van as they transitioned from diesel. Out of those operating small … [Read more...]
Newslines 23 September
The prices of both unleaded petrol and diesel at UK forecourts are now falling more quickly than at any other point in 2024 so far, with both fuels now nearly 7p cheaper than a month ago, RAC Fuel Watch analysis shows. As of Thursday 19 September, a litre of unleaded is being sold for 136.15p on average – down 5p since the start of September (141.26p) and … [Read more...]
Vans with most problems for users
The study reveals that the Peugeot Bipper, SEAT Toledo and Citroën Nemo are the least reliable vehicles on UK roads. Interestingly, the majority of the vehicles in the top 10 list are compact or full-size vans typically used for commercial use. Taking the top spot is the Peugeot Bipper, where 366 of the 3,279 new registrations in 2024 were scrapped in the … [Read more...]
Credit for used EVs as sales stabilise
A decision to begin providing used electric car funding for the first time is a “vote of confidence” in the stability of the market, says Startline Motor Finance. The motor finance provider is now offering its full range of hire purchase and personal contract purchase plans for electric cars with rates and conditions identical to petrol and diesel … [Read more...]
New car sales slow ahead of new plate change
August signalled the end of two years of growth in the new car market, a disappointing development despite traditionally being a quiet month, according to Sue Robinson, Chief Executive of the National Franchised Dealers Association, commenting on the latest SMMT new car registration figures. In August, a total of 84,575 new cars were registered, a decrease … [Read more...]
Special feature: Ineos range profile
INEOS has been taking the 4x4 world by storm in catering for the many potential buyers who still prefer the ‘traditional’ approach to off-road vehicles. In describing the firm’s Grenadier, INEOS says, it’s “… a serious off-roader that no-one’s building any more. The rugged 4x4 that will get you there. And get the job done”. Let’s start with appearance, and … [Read more...]
Financial boost to go green with specialist vehicles
Endurance Vehicle Solutions, a leading provider in specialist vehicle hire and fleet management, will significantly expand its operations with a new £5 million asset finance credit line. This funding, secured through a continued partnership with Shawbrook, marks a major milestone in Endurance's growth journey across South Wales and the West Country. Since … [Read more...]
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