cinch reports there’s been an unprecedented upsurge in searches for convertibles from ever-optimistic Brit car buyers looking to purchase a car that will allow them to literally feel the wind in their hair and the sun on their face. From 4 January to 26 April, cinch saw a 303% increase in convertible car views, with views steady ever since and last week … [Read more...]
Finance
Big shake up in classic cars fans’ rankings
Data from one of Europe’s leading website for classic car sales, Car & Classic, highlights a significant shift in the volume and type of cars enthusiasts are searching for after a year of restrictions and lockdowns. Popular classics such as MGB GT, Volkswagen Beetle and Ford Cortina, the latter falling from second to ninth when comparing Q1 2020 and Q1 … [Read more...]
Car sales are rising but beware of finance costs
More than half of UK drivers (51%) are intending to buy a new or used car in the next six months, now that showrooms have re-opened and travel curbs are lifting said comparethemarket.com. Drivers are set to spend an average of £15,042 on these cars, with 39% planning to buy either an electric or hybrid vehicle. The main reasons that drivers cite for … [Read more...]
Newslines 28 May
A unique sports suspension calibration and body styling with distinctive interior trim is available in the new Bentley Bentayga S. It’s the first S trimmed luxury SUV from the British marque and uses the 550ps 4.0V8 turbo-petrol engine and eight-speed automatic gearbox. It reaches 60mph in 4.4seconds and has a 180mph maximum. A split sports exhaust, dark … [Read more...]
Fleets expressing RV concerns over petrol & diesel models
Customers are already beginning to express residual values fears over buying new diesel or petrol cars and vans thanks to the prospect of rapid electrification, FleetCheck is reporting. Through its sister Fleetfind operation, the fleet software company helps its client base source vehicles, and says that buyers are concerned about the prospects for internal … [Read more...]
Luxury loophole can add value but not cost
Smart buyers, dealers and manufacturers have been given a lifeline to save expensive payments on new cars, for now. The Government's Office for Zero Emission Vehicles has provided clarity around the price cap definition stating cars must be priced below £35,000 RRP to be eligible for Government grants. In particular, the price cap definition includes “any … [Read more...]
Tradelines 26 May
The next bank holiday weekend will see an estimated 10.8m leisure trips taken by car, suggests new RAC research, but if the sun shines there’s likely to be even more trips which will inevitably cause jams. While the figures indicate drivers have firm plans to take around 7.2m trips to see friends and family between Friday and bank holiday Monday – with … [Read more...]
Seeing is believing say car buyers
While the pandemic has accelerated online buying across multiple sectors, most drivers are not quite ready to take the leap and buy a new car online without seeing it first. According to Close Brothers Motor Finance’s Britain Under the Bonnet Report, a new car tops the list of things that people would research online but need to see in real life before … [Read more...]
Vehicle numbers fall in UK – but vans increase
Vehicle numbers on UK roads fell to 40,350,714 in 2020, according to Motorparc figures from the Society of Motor Manufacturers and Traders, the first time the total number has fallen since the global financial crisis of 2009. As the pandemic stifled new vehicle uptake, the average age of cars on UK roads is now the highest on record at 8.4 years. Van … [Read more...]
Real range of EVs tested with surprising results
A new report from sustainable mobility specialist Arval UK revealed the real-world ranges that fleet operators can expect when they adopt electric vans. The real-world range figures in the eLCVs – Electric fleet transition powered by real-world data report from Arval helps fleets to plan with confidence when running battery-electric commercial … [Read more...]
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