Hard-up Welsh drivers are the most likely in Britain to do their own servicing, they have told the RAC. Cost-of-living pressures have forced almost a quarter of drivers (23%) to either put off getting their vehicles serviced or do it themselves with or without the help of a friend or family member, a new survey of 2,000 UK drivers by the RAC has … [Read more...]
Insurance News
On-line car sales falling out of favour
The latest sales push by car makers to sell direct to buyers under an agency agreement is likely to face resistance in the market, according to results of a survey by Go.Compare. It found that 46% of buyers say they are reluctant to purchase from a car sales website because they like to see the vehicle in person before they buy it. The insurance comparison … [Read more...]
£1.54 Billion bill for stolen vehicles but recoveries fall
Britain's oldest specialist motor insurance loss adjuster estimates that vehicle thefts are now costing UK insurers £1.54billion a year, with a further decline reported in the stolen car recovery rate. Claims Management & Adjusting Ltd. Managing Director, Philip Swift, a former police detective, said, “Vehicle theft costs to UK insurers increased again … [Read more...]
Used spare parts essential for today’s garages
Like most businesses, motor trade companies are currently facing challenges due to the current economic climate and the cost of living crisis. Today many motorists either can't find the car they want to buy due to limited supplies or can't afford to replace their vehicles due to the cost of living crisis placing pressure on personal finances. Therefore, … [Read more...]
4×4 AI vision of legendary Land Rover Defender
Artificial intelligence has predicted what a future Land Rover Defender might look like. Combining historical trends with advancements in automotive technology, Heritage Car Insurance have harnessed the power of Midjourney, an advanced image generation AI system, to reveal what a Land Rover Defender will look like 100 years from now and the results are … [Read more...]
Rental-car hire costs up this summer
If planning a holiday this summer, beware of rising car hire costs. A 12-country study of car hire costs worldwide reveals that the average weekly price to hire a compact family car (e.g., a VW Golf) this summer has rocketed to £520 a week, compared to just £310 in 2019, an increase of £210 – a 68% rise. However, this is around £100 cheaper than last … [Read more...]
Alfa Romeo overstate safety of new Tonale, say experts
Alfa Romeo has overstated the driving safety systems in its new Tonale model, say experts. The latest set of Assisted Driving gradings have been released by Euro NCAP, based on assessments of three new vehicles, the Alfa Romeo Tonale (‘moderate’), Nissan Ariya (‘very good’) and Renault Austral (‘very good’). Thatcham Research, the automotive risk … [Read more...]
Proper planning prevents poor premium payment
Go.Compare Car Insurance says the best day to renew is 27 days before it expires. The data shows that policyholders could pay up to 50% more if they renew their policy on the day it’s due for renewal, compared to 27 days before. The findings are based on the average premium paid by policyholders in 2022, and also found that the most expensive time to buy … [Read more...]
Welsh learner drivers are best in Britain, say Veygo
Welsh driving-test pass rates beat UK national average, but there are concerns over driving test changes. Veygo, part of the Admiral Insurance group based in Cardiff, showed Park Avenue Test Centre in Aberystwyth, is the top place to take your driving test, with 65% now passing their test at the centre. This marks the highest pass rate on record for the … [Read more...]
Newslines 23 May
RM Sotheby’s has successfully conducted its biggest ever Villa Erba sale, grossing a remarkable €52,953,100 in front of a packed salesroom on the shores of Lake Como. The undeniable star attraction of the sale was the no reserve Aurora Collection, which sold for an astonishing cumulative value of €25,288,500 after hotly contested bidding throughout with a … [Read more...]
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