The cost of car insurance in Wales is at a two-year high, according to new data today. Drivers in the region can now expect to pay £712 for their car insurance, on average, following increases over the past year. That’s according to Confused.com’s latest car insurance price index, powered by Willis Towers Watson. Based on more than six million quotes … [Read more...]
Finance
Tradelines 15 January
Jaguar Land Rover sales slowly recovered in December after a 6% dip overall in 2019, according to financial reports. Annual sales of 557,706 were down mostly due to a 13.5% slump in China but it’s reorganised its outlets and marketing there and has seen them picking up again as it moves towards an electric programme with BMW. In 2019, Bridgestone remained … [Read more...]
Call for clarity on “auto-renewed” policies
The Financial Conduct Authority has provided a further update on the work it is undertaking to tackle the ‘loyalty penalty’ faced by millions of financial services customers and other issues raised by the Citizens Advice super-complaint to the Competition and Markets Authority in 2018. GoCompare has been involved in the consultation and Lee … [Read more...]
Greener cars are rapidly rising in Wales, says comparison site
Green vehicles are growing in popularity with Welsh drivers, according to new figures showing a significant increase in the number of low-emission vehicles. The Department for Transport figures show that the number of low-emission vehicles in the region rose by 32 per cent in the year to the end of September, while the total number of vehicles increased by … [Read more...]
Tradelines 8 January
Eligible customers from 19 years of age can purchase Citroën’s stylish C1 city car with one year’s free insurance. The offer, available on ‘Feel’, ‘Flair’, ‘Urban Ride’ and ‘Origins’ trim levels, also incorporates hatchback and ‘Airscape’ body styles and the offer is available on retail cash purchases and Personal Contract Purchase. The Dacia SE Twenty … [Read more...]
MG pick Santander for finance package
MG Motor UK said that Santander Consumer Finance has been selected as its exclusive finance provider, as both companies agreed a five-year partnership effective from 1 January. Trading as MG Motor Financial Services, MG and SCF will provide a full range of retail finance options to make buying an MG easier than ever before. On the dealer side, new … [Read more...]
Repay Christmas and rent your drive
Brits now counting the cost of Christmas can ease the New Year financial blues by renting out their driveway whilst joining thousands of homeowners making more than £1,000 per year. Figures suggest that Brits spend from £500 to more than £700 per person over the festive period, splashing out on gifts, decorations, food, parties and the like. Yet data … [Read more...]
Newslines 7 January
The new plug-in Citroen C5 Aircross SUV Hybrid automatic will be shown at the Brussels motor show this week and first UK deliveries are planned for summer. It has a 31 miles electric range and 180hp petrol 1.6 litre engine as well, a 600 litres maximum bootspace and cost from £35,340. Daimler and Volvo are in preliminary talks to consider jointly … [Read more...]
Pump prices begin rising again, says RAC Fuel Watch
A surge in world oil prices in December has brought an end to four months of falling petrol prices with a litre of unleaded going up very slightly (0.24p) to 126.11p, data from RAC Fuel Watch reveals. The price of oil increased $3 ($2.91) a barrel over the course of the month from $63.61 to $66.52 – a rise of nearly 5% – as a result of the United States and … [Read more...]
Best selling used-cars surprises
Hyundai Tucson is the fastest-selling used car of 2019, while Ford and Vauxhall models dominate the best-selling list, reveals analysis by AA Cars used cars website. The Hyundai Tucson has repeated its success from 2018, with the model spending the shortest time on the site, compared to other car models, before being snapped up by speedy … [Read more...]
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