Petrol prices are rising, but not quickly enough to encourage a big swing to electric cars, even used models. More than half of used dealers (52%) believe electric car prices and values could further worsen this year, according to the latest research. March’s Startline Used Car Tracker shows 49% say consumer demand isn’t high enough to support values, 42% … [Read more...]
Millions to get unfair selling compensation in 2026
Millons of motorists should learn by the end of this month how long they will have to wait for payouts and how much they will get under the FCA’s motor finance redress scheme. The financial body has also said it expects most successful claims to be paid by the end of this year but acknowledges some may run into next year. The FC intends to introduce an … [Read more...]
Car b&b rental considered by owners
Hard-up car owners would seriously consider renting out their car when they don't need it. March’s new Startline Used Car Tracker shows that 37% believe it is a good way to make money from their car when not in use, while 28% would trust the rental company to make relevant safety and security checks. Also, 18% say this kind of passive income is a useful … [Read more...]
Smart Charging to cut EV running costs
Despite growing adoption of electric vehicles, widespread misconceptions about cost and charging still shape public opinion. Recent research from the AA shows that 80% of drivers believe electric cars are too expensive to purchase, while only 21% think EVs are cheaper to run than petrol or diesel vehicles. One in five motorists also believes charging away … [Read more...]
FCA reportedly caving in to car makers over loans
Motorists hoping for big payouts for financial mis-selling by major car makers' associated arms look like losing out after all. Media reports this week indicated the Financial Conduct Authority has come down on the side of the car makers' finance providers and big banks to reject payments to customers. Under the plan said to be going through final stages … [Read more...]
Fewer vehicle thefts recorded
The UK’s largest owner-managed loss adjusting and claims solutions group, QuestGates, has completed its initial analysis of the Driver and Vehicle Licensing Agency Lost or Stolen data for 2025, revealing encouraging trends for the motor insurance market. For the motor insurance industry and motorists in general, the data points to a clear shift in the right … [Read more...]
Free chargers would boost used ev sales – dealers
Six out of 10 dealers (60%) say funding for free or low-cost home chargers would be the most effective government boost to used electric car sales. February’s Startline Used Car Tracker also shows 52% back low or zero interest loans, 52% schemes to make charging available for those without space for a home charger and 50% grants that reduce the purchase … [Read more...]
Six of the best for young drivers
Every year, hundreds of thousands of new drivers set out to buy their first car, faced with the challenge of balancing affordability with reliability. With the cost of living rising, choosing a car that is cheap to insure, run, and maintain is essential. ChooseMyCar.com has compiled this list using criteria tailored primarily to new drivers. The … [Read more...]
EV claims doubled under RAC Warranties last year
A £22,954 claim approved by RAC Warranty for a replacement engine and gearbox on a 2020 Audi was the largest claim paid out by the organisation last year. Claims paid out on electrical vehicles doubled in the same time. Lee Coomber, RAC client director at Assurant, which partners with the RAC in the aftersales sector, said that higher value claims of this … [Read more...]
Law firms are facing possible action from the FCA
The Financial Conduct Authority has warned law firms representing clients involved in motor finance commission claims they must act in the claimants' best interest and not charge exorbitant exit fees. The watchdog has teamed up with the Solicitors Regulation Authority to make sure that all rules are being followed, as claims continue to build up and say … [Read more...]
- 1
- 2
- 3
- …
- 30
- Next Page »
