The average price of a used diesel car fell by 10.3% between Q1 2017 and Q4 2018. Diesel car values dropped 5% through 2017, on the back of consistent negative news about the fuel, and new data shows that slump continued through 2018 at a near-identical rate. The analysis from car buying comparison website Motorway.co.uk also shows equivalent used … [Read more...]
Finance
EVs hire scheme to drive change
The InclusivEV Demonstrator project, a €3.8million pan-European project which aims to widen access to electric vehicles through an affordable car sharing scheme, successfully launched its first demonstration site in Solihull, West Midlands in December. InclusivEV addresses the issues facing city neighbourhoods by increasing accessibility to EVs. Through … [Read more...]
Dealers doubts over stocking pile up
Findings from the Close Brothers Motor Finance’s Dealer Satisfaction Survey reveal 95% are confident about business prospects in the market for 2019, up from 93% last year. Of these, six in ten (60%) are ‘very confident’ about the business outlook for the year ahead. However, while the broad picture is one of confidence, there were some issues that … [Read more...]
Welsh worry over speeding, from the back seat
Over one in five back seat passengers questioned in Cardiff complained about their driver’s speed, a poll has revealed. Complaining about speed, shouting directions, pretending to brake and leaving rubbish behind are amongst the most annoying things UK backseat drivers do, a recent study has revealed. New research by national car leasing firm All … [Read more...]
Luxury cars escape the crusher, but only just
Nearly £122M of uninsured vehicles were saved from potentially being crushed in 2018 - the highest it’s been for ten years - including supercars such as Lamborghinis, Ferraris, Bentleys and Aston Martins. High-value vehicles that had been confiscated from uninsured drivers were among those saved from being auctioned or scrapped last year, according to the … [Read more...]
Diesel shortages beginning to show, prices rising
New diesel car sales are falling so quickly that there could be shortages of them on the used market in the near future, says the Vehicle Remarketing Association. The organisation – which represent companies that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year – says that while new car diesel demand has plummeted, … [Read more...]
SUVs to seriously consider this year
It is supposed to be the bleakest day of the year after the holiday break and bills start to arrive, but Data company HPI has compiled a select list of used compact SUVs which could lead to happy motoring in 2019. Senior valuations editor Mark Bulmer has identified five SUVs that perform well and also represent excellent value for money, making them a … [Read more...]
EVs & hybrids used propositions explained
The increasing numbers of electric and hybrid vehicles making their way onto the used market will be the focus of the first Vehicle Remarketing Association meeting of 2019, taking place on 23 January at Fleet Auction Group, Coalville. Key presentations will include Ian Featherstone of the Energy Saving Trust on background drivers for EV and hybrid … [Read more...]
Resolve to check out new car deals with care
The new year is finally here and for a lot of us that means a fresh start; a new job, an expensive gym membership or the tempting thought of buying a new or used car. However, today’s high-tech cars can be concealing unknown wallet-crunching problems. Fortunately, you don’t need a degree in electronics or a mobile diagnostic machine. Just follow our … [Read more...]
Lean and green drive car buyers choices, says report
Environmental factors have become the second most important consideration to prospective car buyers behind only price, according to figures from comparethemarket.com in its latest Premium Drivers report. The new figures show that 25% of people consider environmental impacts, such as fuel, carbon efficiency and alternative fuel, as the most important … [Read more...]
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