Fuel prices are staying higher than they should be say observers. RAC head of policy Simon Williams said, “Drivers will be concerned to hear that retailer margins on fuel are still above where they have been historically and that competition remains weak. "Given fuel is a major expense for households, and with eight-in-10 drivers dependent on their cars, … [Read more...]
How to save yourself £3,000 on your car this summer
The average price of a car in the UK is now £27,425 which in comparison to the median annual salary in the UK £31,602 is nearly an entire year's worth of pay. That’s why it’s more important than ever to look after your car to ensure you don’t have any added costs to an already expensive thing. Experts at car cleaning retailer, 1dot, have shared their … [Read more...]
Buyers beware of used car “bargains”, say Vertu
Thousands of drivers are looking to the used car market for their next vehicle in a bid to save money. This huge demand is reflected in new search data, which shows that searches for ‘used car dealer near me’ have surged by a massive 235% in just three months. But while finding a local dealer is the first step, walking onto the forecourt … [Read more...]
Newslines 30 June
On line and later on-site car dealer Cazoo collapsed with over £250M of debt just over 12 months ago and owed money to about 10,000 creditors, according to data at Companies House, Cardiff. The business was sold for £5M last year after filings showed it had been under financed and overstretched itself and was hit by the Covid-crisi and a change in market … [Read more...]
Weekend roadtest: Kia EV3 GT-Line S
Some cars immediately impress, others take a bit longer and they stand out against models which made no measureable impression after a much longer period behind the wheel. The Kia EV3 GT-Line S is an example of the series which seems to get better each time it’s driven. We first drove the new Kia EV3 last December and were impressed, but a lot’s happened … [Read more...]
Motorists holding onto older cars
More than half of motorists (52%) say that they are now driving an older car than five years ago. June’s Startline Used Car Tracker shows 24% haven’t been able to afford to buy a newer car and 18% that it feels as though used cars have become more expensive. Paul Burgess, CEO at Startline Motor Finance, said, “The average age of a car on UK roads is now … [Read more...]
Honda is a hit in Swansea, says LeaseCar
A new study has revealed that where you live in the UK might secretly be influencing the badge on your bonnet, with Honda top in Swansea. LeaseCar's new research has uncovered the nation's automotive preferences, revealing town and city brand loyalties shaped by diverse influences, from seaside luxury to hometown manufacturing pride. With over 40 million … [Read more...]
13 years to end of the road for filling stations?
UK petrol and diesel stations are facing extinction by 2038, according to national EV charging network Be.EV. Data it has brought together shows that the typical forecourt has been in terminal decline with numbers decreasing from roughly 40,000 in 1967 to 8,353 in 2023, which is a decrease of 75%. The decline is expected to continue as major fuel retailers … [Read more...]
Lack of home charger is barrier to buying EVs
More than half of dealers (56%) say that having no charger at home is the biggest objection they hear from customers considering an electric car. June’s Startline Used Car Tracker also shows potential buyers believe electric cars are too expensive compared to petrol or diesel (42%), that the range is too low for their needs (42%) and the battery might … [Read more...]
Majority of UK drivers considering Chinese cars
More than seven out of 10 motorists (72%) would “consider” buying a car made by one of the new Chinese manufacturers entering the UK market, according to new research. Startline’s June Used Car Tracker shows BYD is the brand with the highest level of recognition among these potential customers at 28%, followed by Maxus (19%) and Chery (14%). Aiways, Denza … [Read more...]
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