A new study from GAP Insurance provider, ALA Insurance has crunched the data on new and used cars to reveal which hold their value better than others. Using new and used car data for 47 of the most popular and reliable vehicles on the market, the research confirms that the Audi Q4 e-tron has the highest annual depreciation rate of any other car. Introduced … [Read more...]
Newslines 7 October
Lexus has announced pricing for the RZ 300e, the new front-wheel drive version of its all-electric RZ luxury SUV from £49,995 to £61,095 for the nine trims. Joining the all-wheel drive RZ 450e in the range, the RZ 300e offers the same premium equipment specifications together with an extended driving range of up to 297 miles offering 18-inch wheels on … [Read more...]
Price rises predicted for new and used petrol and diesel cars
More than eight out of 10 people think used petrol and diesel cars will soon become harder to buy thanks to the government’s new 2030 production ban, according to research. Startline’s October Used Car Tracker shows that 73% expect used petrol or diesel cars to become more expensive as a result of the measure and 66% say they’ll hang onto their existing … [Read more...]
Newslines 4 October
The average price of petrol and diesel fell by 6.5p in September – the ninth biggest monthly drop seen since 2000, said RAC Fuel Watch. A litre of unleaded averaged 134.79p, down from 141.26p at the start of the month while diesel fell from 146p to 139.5p so drivers are now saving £3.60 every time they fill up an average 55-litre family car and the RAC … [Read more...]
Diesels surge as private motorists snub EVs
The UK new car market rose 1.0% in the key ‘74’ plate change month of September, to 275,239 units, according to the Society of Motor Manufacturers and Traders with private buyers turning to more diesels than pure electric models.. In what is traditionally a bumper month for new car registrations, second only to March, the performance was the best since … [Read more...]
Tradelines 2 October
Eye snatching is the term being applied to the increasing number of LED headlight thefts worth thousands of pounds for each unit. Thieves are increasingly targeting expensive models to hack out and disconnect the multi-lenses to be sold on the parts' black market, said Philip Swift, Technical Director at Claims Management and Adjusting. Europe's component … [Read more...]
Classic cars’ price plateau reached
In an ever-changing year for classic cars, Hagerty Price Guide UK Editor, John Mayhead, analyses the trends that suggest the market may have finally reached a plateau. The last few years have been interesting times for the classic car market. After Covid came a surge in buyers looking for the car they’ve always promised themselves, and Hagerty’s six UK … [Read more...]
Cold comfort for EV drivers
With more drivers switching to EVs, many will experience the effects of cold or winter conditions for the first time and need to learn what to expect and do. Electric Vehicle experts at Electric Solar have warned that cold weather can damage your EV battery and travel range by 30%. As EV batteries are estimated to cost a staggering £7235 to replace, … [Read more...]
Getting the best price for your car
A new study from Auto Express can help drivers decide the most profitable way to sell their cars, and it may surprise you. Using UK Vehicle Data for the latest sale valuation estimates, the study reveals whether sellers should opt for a private sale or a part exchange. The research has revealed that private sales, which are traditionally seen as more … [Read more...]
MG & Vauxhall EV top list of bad buys
MG cars are the least reliable on sale in Britain, owners have told What Car? magazine. In a survey of 30,000 drivers the Chinese brand had the most complaints and reliability was worst with under 77% of owners saying they were satisfied. The What Car? data covers 31 brands and 199 different models. Overall, 22% of owners said their car had experienced … [Read more...]
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