Honda UK announced residual values and a full pricing list for the 10th generation Civic coming in late March. Starting from £18,235 on the road for the entry level S grade 129PS VTEC TURBO in manual, the range tops out at £27,480 on the road for the 182PS VTEC TURBO Prestige with a CVT transmission. Metallic paint is an option and adds £525 to the price. With the arrival of the new 10th … [Read more...]
Finance
Tradelines 18 January
About 56% of respondents to a recent LeasePlan survey agreed that financial jargon has left them feeling more confused than before they started the conversation. Nearly 40% said they had dropped the purchase or product as a result of not understanding the abbreviations. An Autoglass survey of 250 British fleet managers found worries about the cost of fuel and service and maintenance are at … [Read more...]
Car market is thermometer of UK economy
It has been a year of ups and downs for the economy. The first half of 2016 was dominated by uncertainty in the lead up to the EU Referendum, which caused many businesses to halt investing and hiring until the result of the vote was known. Once the result for Brexit was confirmed, this understandably shook the economy and caused several industries to dip amongst further uncertainty of our … [Read more...]
‘Grey sales’ are bringing colour to UK market
New car registrations are booming but there are doubts over who is actually making sales. The SMMT said yesterday that 2,685,724 new cars were registered last year, a 2.3% increase on the year beforehand and fifth year of growth. But the registrations in Wales, the only part of the country to see a fall, dipped 1.4% to 91,940. That could be due to the fact that few companies are … [Read more...]
Isuzu pull in some seasonal offers
Isuzu has special offers on D-Max Yukon and Utah models. D-Max Yukon comes well equipped with 17” alloys, leather steering wheel with audio controls, cruise control and chrome trim to the grille and rear bumper. Utah takes this a step further, with boasts automatic climate control, leather upholstery, and heated front seats which come in handy on cold British winter days out or on … [Read more...]
Analysts expect 2017 car sales to fall
The UK new car market will fall by around 3.5% next year to around 2.6 million cars, predicts Glass’s. However, while the figure looks disappointing in isolation, the vehicle data provider points out that this will still be higher than any year in the last decade except 2016. Rupert Pontin, director of valuations, said: “We have become used to the new car market growing on a year-by-year … [Read more...]
Fifth of motorists pay more than car’s worth
A fifth of UK motorists have paid more for a vehicle than its true value, says HPI. It found paying over the odds for a car was highest amongst 18-24 year olds (30%) and nearly a fifth (17%) admitted rushing the purchase of their first car, as they were eager to get on the road and start driving. Three quarters (74%) of drivers also confirmed they don’t know the key things to look out for … [Read more...]
Wales leads as car sales pass historic record
New cars are pouring onto UK roads at a faster rate than ever, led by Wales. SMMT figures show 184,101 new cars were registered in the UK this November, with the market increasing by a steady 2.9%. The growth has helped deliver more than 2.5 million new cars on to British roads so far this year – the first time the milestone has been reached in November. Demand for alternatively fuelled … [Read more...]
PCP schemes expected to cost more
The falling value of the pound is likely to see monthly PCP new car payments rise in 2017, predicts Glass’s. The vehicle data specialist says that manufacturers importing their vehicles into the UK will need to recoup margins somewhere and that PCP payments are the least unpalatable choice. Rupert Pontin, director of valuations, explained, “The pound fell in value by about 20% against the … [Read more...]
Rail industry: Wales must not be left in the sidings
The Railway Development Group that represents train-operating companies has shone a searchlight on the impending boom in supplying rolling stock to meet demand, says transport economist Prof Garel Rhys. This is in addition to the redesign of antiquated stations and other infrastructure. Apart from interest in attracting facilities to make lighter weight suburban stock, the Welsh … [Read more...]