The cost of car insurance for young drivers aged 17-24 has typically risen by £658 year-on-year, according to new research from Compare the Market. Annual car insurance cover for young drivers now costs £1,929 on average compared to £1,271 in 2022. Most young drivers are concerned that driving is becoming unaffordable. More than seven in ten drivers aged … [Read more...]
Finance
Tradelines 20 December
We're hanging on to our cars for longer in the face of rising prices and reluctance to go electric, according to research by weekly motor magazine Autocar. It was told by the DVLA that 798,363 used cars met their maker this year and were scrapped for good led by the Focus, Astra and Corsa and was a vast drop in the numbers scrapped compared to 2022 when … [Read more...]
Sarn Services slated for ev-charging cost
Sarn Park Services on the M4 north of Bridgend is the most expensive place to charge your electrci car or van, according to the latest national survey by DriveElectric, which has named the best and worst service stations to visit. The study, conducted by electric vehicle experts at DriveElectric, reviewed UK service stations to reveal the best, and worst … [Read more...]
Weekend roadtest: BYD Seal Design RWD
Now here’s my prediction for 2024: the BYD Seal is going to make a splash in the sporting saloon sector. Up to now, Europe has been the leading provider and market for four-doors with something a little special in the family sector, but that is likely to change over the coming 12 months. China’s BYD (it stands for Build Your Dreams) launched its Atto 3 … [Read more...]
Newslines 15 December
Looking for the ultimate Christmas gift for a car enthusiast and Auto Vivendi is selling places in its 200mph Challenge next year. Recipients get to drive a supercar in a high speed sprint for £2,950+VAT. The Lexus RX large luxury SUV has collected another honour, being named the Best Large SUV in The Car Expert Awards 2024. Its success comes hard on … [Read more...]
Time to replace ‘tired’ high mileage vans
The extension to full expensing announced in last month’s Autumn Statement provides fleets with a perfect opportunity to replace “tired” vans that have been continually extended following the pandemic, says FleetCheck. Moves by the Chancellor mean fleets that outright purchase vans, either from cash or using hire purchase, could save substantially on their … [Read more...]
Gaps in EV sector need plugging for businesses
Fleets are starting to enter a “tougher” period of electrification in 2024, the Association of Fleet Professionals is reporting. Paul Hollick, chair, said that a number of factors were combining to potentially slow the rate at which electric vehicles were being adopted by businesses and that fleet managers needed new strategies to maintain momentum. “When … [Read more...]
Insurance costs hitting used cars’ stock
More than three out of four (77%) dealers say that rapidly rising insurance costs mean that some cars have become difficult to sell. Startline’s December Used Car Tracker also reports that half (50%) think that some cars have become effectively uninsurable, so are probably unsellable. The research also reports that 23% think that it has become well-known … [Read more...]
Newslines 11 December
Podpoint has pulled the plug on putting in more rapid chargers at public locations. The subsidiary of French state-owned EDF power will instead concentrate on fitting more home and workplace chargers where income will be recooped sooner and for less outlay. Meanwhile, Zapmap, the UK’s leading charge point mapping service, confirmed that the country has … [Read more...]
BEV charge is running down
The UK new car market grew by 9.5% in November to reach 156,525 units, according to the latest figures from the Society of Motor Manufacturers and Traders, but there's a slowdown in EV interest among private buyers. In the market’s best November for four years, registrations almost returned to pre-pandemic levels, down just 96 units (-0.1%) on … [Read more...]
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