One-in-five drivers (20%) under the age of 44 have driven illegally by not putting their car through the MOT or replacing tyres when needed to save money in the cost-of-living crisis, says the RAC. Among drivers of all ages, one-in-10 (10%) admit they’ve failed to replace worn-out tyres or skipped the MOT, which is a legal requirement that guarantees the … [Read more...]
Dealerships in chaos after commission ruling
Car and van buyers have been blocked from collecting new models this week for 1 November as UK finance firms hold back monies due to dealers. It follows a Court of Appeal decision last week which outlawed undisclosed commission payments. Dealers were unable to allow collections or deliver cars as finance companies paused paying out on business already … [Read more...]
Vauxhall Corsa is most scrapped car
Scrap vehicle experts National Scrap Car have combined their internal data along with DVLA data to calculate the number of 10-year old vehicles still on our roads to understand how reliable are some of the UK’s most popular models. Top manufacturers like Vauxhall, Ford, Volkswagen and Peugeot have seen high percentages of their vehicles scrapped within this … [Read more...]
Premium prices slipping back, say Compare the Market
The cost of car insurance has fallen by £72 (-8%) year-on-year, according to new Premium Drivers research from Compare the Market. The average premium declined to £776 in September 2024, compared to £848 in September 2023. August 2024 and September 2024 were the first months where car insurance premiums have been cheaper than the same period in the previous … [Read more...]
Escalating costs of essential cars
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...]
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...]
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...]
Sports cars hold value best
A new study has revealed that sports cars retain more of their value than any other type of car when resold. According to the latest car valuation data looking at prices for cars after three years and 36,000 miles of use, sports cars boast an average retained value of 52.38% - more than any other vehicle type. The research comes from Auto Express, which … [Read more...]
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