In a week's time the new 24-plate will start appearing on vehicles, but over a third of people don’t even look at number plates when purchasing a car and 14% said they didn’t “have a clue” how many times a year UK registration plates are updated. Go.Compare has released a survey revealing mass confusion among drivers when it comes to a car’s number plates and their meanings. The research quizzed … [Read more...]
Driving up depreciation mile by mile
A new study by on-line marketplace Carwow has found how mileage severely impacts the value of used cars. The study reveals car valuations can drop by a staggering 27% once they tip over the 60,000-mile mark. As a result, owners looking to sell are now being advised to do so before their vehicle hits this 60k mileage milestone, typically when a new car's warranty expires and the first MoT is … [Read more...]
Welsh Labour Government move to restrict private cars
The Welsh Labour Government want to discourage all private car use and encourage voters to jump on buses and trains. Deputy minister for climate change Lee Waters has written to opposition leader Andrew R T Davies who questioned the stated policy on new road building in the controversial Welsh Roads Review and told him, "We confirmed that we will continue to consider investment in roads 'to … [Read more...]
Essential to build NCDs, says broker
Car insurance premiums decrease by £745, a drop of almost a third (32%), after one year of no claims discount, according to Compare the Market. When drivers come to renew their policy, those who have not made a claim on their car insurance can typically receive a no claims discount, or no claims bonus, from a number of insurance providers, with the discount rising the longer that you drive … [Read more...]
Newslines 9 February
Car dealers face becoming the focus of a new customers financial scandal similar to PPI claims of the last two decades. The Financial Conduct Authority is investigating cases of finance houses not paying out compensation to customers over now-banned ‘discretionary commission arrangements’ and the watchdog is using its powers under S166 of the Financial Services and Markets Act 2000 to identify … [Read more...]
Toyota extend their EVs with two MPVs
Toyota is extending its UK electrified vehicle range with the introduction of two new people carriers which are already on sale in Europe, the nine-seat Proace Verso EV and the compact Proace City Verso EV. Offered in nine-seat Shuttle form, Proace Verso can specified in medium (4,959mm) or long (5,309mm) body lengths (below). The Shuttle specification caters for customers who need a vehicle … [Read more...]
EV regs hit a million but petrol sales climbing too
Discounted business registrations meant Britain’s millionth battery electric car reached the road in January 2024, while the new car market grew 8.2% for the month, according to the Society of Motor Manufacturers and Traders. The first month of the year saw 142,876 new cars registered led by the Kia Sportage (above), which repeated its success of January 2022, and an UK uplift of 10,882 units on … [Read more...]
Best and worst cars to buy and own
When buying a new car, it’s always worth thinking about the potential resale value and how much it will depreciate over time. Some cars can prove to be very worthy investments, with their value increasing over time, while others may drop quickly in value as soon as they leave the forecourt. Elements such as age, condition, mileage and number of owners are all influencing factors, and there are … [Read more...]
The answers at your finger-tips
It's coming up to the new number plate change and thousands of second hand models will be flooding the market, so specialist insurance broker ChoiceQuate has been looking at what buyers research most on-line, and the results may surprise you. Specialist insurance broker ChoiceQuote, has analysed search data to uncover the most asked questions on Google related to buying cars and car … [Read more...]
Northerners are more moral about scrapes
It's a scenario many drivers fear: you return to your parked car to find a fresh dent or scratch, with no note, no apology—just a silent testament to someone's hasty retreat. But how common is this hit-and-run attitude in the UK? A recent survey commissioned by Zego Van Insurance sheds light on the state of British honesty when it comes to minor car bumps. The findings are as intriguing as they … [Read more...]