With new car registrations being released on 1st September, many motorists typically see an opportunity to trade in their car for a brand-new reg. In previous years, this flood of part-exchanges meant that dealerships needed to make room for the additional stock by offering heavy discounts on their older used cars. And it seems used car buyers are … [Read more...]
Weekend roadtest: BMW iX3 50 xDrive
With VAT-free home charging from October, now is the time to put in your order for the BMW iX3 50 xDrive and just hope you’re not stuck in a queue of customers. That will be the only annoying fact if you want to get your hands on the World Car of 2026. It really is very, very good. If you think electric cars are boring, this Neue Klasse BMW iX3 will … [Read more...]
Welsh financial company enters administration
Pontypridd based Woodville Consultants has entered administration and was one of the businesses that helped pay for the wave of motor finance compensation claims in the wake of the mis-sold commission scandal. The collapse has left thousands of investors exposed after the company, which raised money through loan notes and high-yield bonds, amassed a loan … [Read more...]
PPM EV charges explained & worries remain
Industry figures have responded to HM Treasury's publication this week of the government's response to its consultation on the introduction of Electric Vehicle Excise Duty (eVED), the new mileage-based charge on electric and plug-in hybrid cars due to take effect from April 2028. The government confirmed it will not proceed with mandatory mileage checks for … [Read more...]
Tradelines 22 July
AA Cars data shows the average price of the UK’s 20 most searched-for used electric cars has fallen by 10% in the past year, bringing more models within reach of buyers. The latest Used Car Index found the Nissan Leaf remains the most popular used EV, despite its average price dropping 17.3% to £8,146. Prices also fell sharply for the Jaguar I-Pace, Tesla … [Read more...]
Opposition to EVs is entrenched, say Bridgestone
A Bridgestone survey has revealed that a growing number of UK motorists are putting the brakes on electric vehicle purchases, with more than one in four drivers insisting they have no intention of making the switch. New consumer research commissioned by Bridgestone found that 26% of motorists say they will never buy an EV, up significantly from 17% in 2025 … [Read more...]
Iran war batters drivers’ wallets
Almost three quarters of motorists (73%) say their finances have been stretched by the impact of the war in Iran, according to new research. July’s Startline Used Car Tracker shows a third (33%) think it will be at least six months before their situation recovers, a quarter (25%) more than 12 months, and 10% over two years. Consequences such as rising pump … [Read more...]
Latest technology pushes up repair costs and premiums
Drivers across the UK are being told that car insurance premiums are falling, yet many are opening their renewal notices only to find they're paying more than last year. The confusion comes as interest in vehicle technology continues to rise. Analysis of Google search data by GM Direct Hire found searches for "ADAS in car" have increased by 87% over the … [Read more...]
Interest and values of used EVs are rising
Used electric cars are at a tipping point where both consumer interest and values are increasing rapidly, delegates heard at the Annual General Meeting of the Vehicle Remarketing Association. Fraser Brown, director at specialist used electric vehicle (EV) dealer Browns of Richmond and motor retail consultancy Motorvise, said the market had grown by 32% in … [Read more...]
Skywell collapse is warning to fleets
The collapse of Skywell’s UK importer this week is further evidence of the risk to fleets of acquiring cars and vans from new entrants, says FleetCheck. Peter Golding, CEO at the fleet software company, said it was very difficult for vehicle operators to assess which manufacturers would maintain a presence in the longer term. “The risk can arise at … [Read more...]
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