The cost-of-living crisis is causing a drop in demand for electric vehicles as these cars are typically more expensive than petrol equivalents, according to Compare the Market comparison site. Sales of new electric cars have declined by 17.1% year-on-year in November according to figures from the Society of Motor Manufacturers and … [Read more...]
Insurance News
2023 was the year of the rat for motorists
Everyone knows a car breakdown can mean a nasty repair bill, but new data from the RAC reveals that it’s not always a head gasket or a catastrophic engine failure that can cost you hundreds of pounds. Strangely, it can sometimes be very small creatures that cause very big problems. The RAC has seen record numbers of mice, rats and foxes ‘surprising’ … [Read more...]
Avoid a flat start to 2024, say RAC
The RAC is warning drivers to plan ahead to avoid an unwelcome post-holiday tradition: ‘the flat battery blues’. Typically, the first working day after the festive break is one of the busiest of the year for RAC breakdown patrols, due to thousands of cars being left idle over the holidays. Coupled with cold, damp weather, this period of inactivity drains … [Read more...]
£11.2 billion tied up in unused cars
UK drivers could be sitting on a staggering £11.2 billion tied up in unused cars, a new study estimates. That’s the equivalent of a festive turkey feast for almost 439 million households or 17 million fully funded Christmases. There are now over three million cars with a SORN (Statutory Off Road Notification) declaration in the UK with a potential average … [Read more...]
Soaring premiums for young drivers – Compare the Market
The cost of car insurance for young drivers aged 17-24 has typically risen by £658 year-on-year, according to new research from Compare the Market. Annual car insurance cover for young drivers now costs £1,929 on average compared to £1,271 in 2022. Most young drivers are concerned that driving is becoming unaffordable. More than seven in ten drivers aged … [Read more...]
Don’t be a motorway casualty this holiday, says RAC
Nearly eight-in-10 (78%) drivers would unknowingly put themselves in danger after breaking down on the motorway and stopping on the hard shoulder, according to RAC research. Only a fifth (22%) of the 1,900 drivers surveyed would do the right thing after breaking down on one of the UK’s fastest roads on a cold and wet winter’s night by standing to the rear … [Read more...]
Insurance costs hitting used cars’ stock
More than three out of four (77%) dealers say that rapidly rising insurance costs mean that some cars have become difficult to sell. Startline’s December Used Car Tracker also reports that half (50%) think that some cars have become effectively uninsurable, so are probably unsellable. The research also reports that 23% think that it has become well-known … [Read more...]
See the light on dark nights & stay safe
Longer darker evenings and nights with bad weather put added stress and strain on driving and the arrival of Christmas celebrations make it worse. Celebrations during the period can be tiring. Therefore, it is important to be aware of the signs that tiredness has taken its toll and to stay safe when driving home. It is advised not to get behind the wheel … [Read more...]
Winter warning, even before you set off
Motorists are being urged to take note of five key winter driving rules - or they face hefty fines before they’ve even set off. Parts of Britain is braced for wintry showers this week as the cold weather spell continues and intensifies for some with snow warnings for higher ground in Wales. Icy mornings and treacherous dark nights pose a major threat to … [Read more...]
Newslines 27 November
Genesis will continue to sell a full range of models through its own-brand dealer network despite an operational merger with parent company Hyundai beginning in January. Genesis Motor UK will no longer exist as a standalone company from January 2024, as first reported by Car Dealer magazine, its operations being rolled fully into … [Read more...]
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