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...]
Finance
Weekend roadtest: Lexus RZ450e
Lexus has just raised the game in the fierce fight for buyers looking at zero-emission pure battery premium cars. Enter the Lexus RZ450e series of nine models from £55,595 to £66,695 in Urban, Premium, Premium Plus and Takumi with choice of 18 or 20 inch wheels and single or bi-tone paint finishes. The 450e has the latest electronic axles effectively … [Read more...]
Remove tax barriers to safety and save lives, says IAM RoadSmart
The UK’s leading road safety charity, IAM RoadSmart, is calling on the Chancellor to take steps to both saves lives and reduce the impact of road traffic collisions in her Autumn Budget. By incentivising the take-up of additional road safety courses through the tax system, it will also help save motorists money as the UK emerges from a cost-of-living … [Read more...]
Used EVs myth busted
A new white paper from the Vehicle Remarketing Association is designed to “bust” 10 of the most common myths surrounding used electric vehicles. Called “EV Misconceptions”, it has been authored by battery electrochemist Dr Euan McTurk, creator of Plug Life Television, a YouTube channel about EVs. It covers topics including range, battery degradation, … [Read more...]
Charging inequity review by Government
A week before the Autumn Statement, fleets have been encouraged by an anticipated change in electric vehicle recharging costs. New government comments on tackling charging “inequity” are good news for fleets when it comes to future electric vehicle adoption, says FleetCheck. It hopes to see a massive drive to install more charge points, build up the … [Read more...]
Newslines 22 October
Cardiff and Vale College has secured planning consent for a £65m new advanced technology centre at Cardiff Airport. The 130,000 sq ft project has been approved by Vale of Glamorgan Council as one of two new campuses in a £100m investment located alongside the college's existing International Centre for Aerospace Training and accommodate around 2,000 … [Read more...]
SUVs and new homes hit in Cardiff parking shakeup
Cardiff Council has declared war on SUVs and commuters' cars as it pushes use of public transport. Under the new proposed scheme all on-street parking bounded within the areas south of the A48, west of River Rhymney, north of Cardiff Bay and east of the River Ely and the outer wards would be split into four distinct parking management areas with different … [Read more...]
Middle aged are most penalised drivers
Millennial drivers born between 1981 and 1996 have been named the most penalised generation, surpassing both Gen X and Gen Z on a per capita basis, according to a new report by used car specialists, Available Car. The report, based on multiple Freedom of Information (FOI) requests to the DVLA and an analysis of full licence holders across the UK by postal … [Read more...]
Insurance task force to probe car premiums
The FCA has announced it’s looking into premium finance – the unjust ‘tax on being poor’ for those who can’t pay for their insurance upfront each year and are charged excessive monthly rates of interest as a result. "This is a positive step, but it must lead to real action and consequences for insurers who are ripping us off," said a Which? spokesman after … [Read more...]
Budget must deliver for transport, says expert
The Chartered Institution of Highways and Transportation has called for the UK government to provide commitments in the budget on 30 October to ensure we have an effective transport network. Sue Percy CBE, Chief Executive, CIHT said, “Transport is politically challenging, and yet it plays a crucial part in our futures. People need an effective transport … [Read more...]
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