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...]
Insurance News
Drivers unaware of data spying
Modern cars come with a feature most drivers and owners are unaware of, a data spy. Many modern cars can collect and transmit data about the driver to external parties using integrated internet connection and technology - but are car owners aware that they can? Uswitch car insurance wanted to understand how knowledgeable car owners are about their … [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...]
Remove tax barriers to safety and save lives, says IAM RoadSmart
The UK’s leading road safety charity, IAM RoadSmart, is calling on the Chancellor to take steps to both saves lives and reduce the impact of road traffic collisions in her Autumn Budget. By incentivising the take-up of additional road safety courses through the tax system, it will also help save motorists money as the UK emerges from a cost-of-living … [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...]
Over-priced EVs see resale values fall most
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...]
Teenage tearaways beware – of older drivers!
Middle-aged drivers are 35 times more likely to speed or commit a motoring offence than teenagers, according to information gathered by Uswitch comparison site. Uswitch car insurance recently carried out research to determine the worst offenders, including which age groups are convicted the most, as well as which area of the UK the most offences … [Read more...]
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