The cost of cars is by far the top priority for car-buyers as the cost of living crisis bites, according to new findings from Close Brothers Motor Finance’s Dealer Satisfaction Survey. Almost three quarters of dealers (74%) put the cost of the car at the top of the list of customer priorities when looking to buy, followed by the mileage (26%). Other … [Read more...]
Insurance News
Seven in ten stolen cars never recovered
Seven in ten stolen cars are not now recovered with sophisticated gangs stealing them and breaking for parts and a lot of money, according to the latest study. One of the most popular to pinch because of easily bypassed security system is the Range Rover and its also one of the most expensive worth a lot in stripped out parts sold on the black market to … [Read more...]
Premiums rising again after coasting
The average cost of insuring the ten most popular car models in the UK has increased by £100 year-on-year, according to comparethemarket.com. Drivers of one of the most popular cars typically paid £675 for their car insurance between March and May this year – up from £575 in the same three months in 2021. Driving has become increasingly unaffordable, as … [Read more...]
EV anxieties overblown and benefits overlooked – NFU
Research by electric vehicle insurer NFU Mutual suggests that concerns about electric vehicle range and charging are overblown when compared to the reality of owning an EV, and that non-EV owners are overlooking some key benefits of the technology. NFU Mutual, which offers insurance tailored to plug-in and hybrid EV owners, recently conducted a UK-wide … [Read more...]
Rising fuel costs slash accidents
Soaring fuel costs have left a hole in the pocket of motorists across the country, but it could be having an unexpected positive impact on the safety of Britain’s roads. That’s according to latest research commissioned by the UK’s largest independent road safety charity, IAM RoadSmart, which has revealed that potentially millions of motorists have changed … [Read more...]
Insurance premiums rising again
The average cost of insuring the ten most popular car models in the UK has increased by £100 year-on-year, according to comparethemarket.com. Drivers of one of the most popular cars typically paid £675 for their car insurance between March and May this year – up from £575 in the same three months in 2021. Driving has become increasingly unaffordable, as … [Read more...]
Tennis stars’ game, set and match motors
With Wimbledon beginning, eyes will soon be firmly on the world’s elite tennis players as they battle for one of the sport’s most lucrative prizes and most love to spend on their car collections. Last year's Wimbledon winner earned £1,700,000 prize money, whilst the runner-up received a cheque for £900,000, with much more to be earned via sponsorships. As … [Read more...]
Newslines 24 June
Ferrari has overhauled its new and used car programme, service and maintenance. Warranty is good for seven years and it’s been backdated for many models sold since 2015 while buyers can choose to extend it to 15 years on major components and that is transferable to new owners while a new approved used programme is on-line. Ford says it wants to build its … [Read more...]
Company cars come with security and convenience
Factors related to financial security and convenience top the list of reasons why fleets without alternative mobility policies in place believe that employees choose a company car rather than funding their own vehicle. The latest findings from Arval Mobility Observatory’s research indicate that 31% of those fleets, believe that employees not having to … [Read more...]
Vehicle theft reaches new high
This week it was announced that the number of recorded vehicle thefts in the last 12 months has reached nearly 90,000. With the majority of police forces around the UK recording an increase in car thefts over the last year, IAM RoadSmart is on hand to give their top tips to help keep your car safe from thieves. Your car is probably one of the most … [Read more...]
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