Over one in ten (11%) Brits have sold their car due to financial necessity, according to Carwow, the online car-changing marketplace. Of these, 58% were female, and 42% were men, suggesting that women are more likely to give up their car due to financial pressures. Selling a car because of financial pressures is more common among those aged between 40 and … [Read more...]
Time to pick a star
The Motor Ombudsman is inviting nominations from consumers for the fifth edition of its Star Awards. The annual competition, launched in 2020, celebrates excellence in customer service delivered by Motor Ombudsman-accredited businesses across the UK, and individual team members working within these organisations. The Star Awards are made up of the Garage … [Read more...]
The legal and smart way to cut your motoring costs
There's a legal and smart way to cut your motoring costs at a keystroke and it's not an April Fool joke. Motoring experts at Scrap Car Comparison found the number of cars with a SORN in 2023 was up almost 5% on the same figures for 2022, with more than two million cars put under the notification between January and September last year. But could more … [Read more...]
Used car buyers skip vital checks
A recent study has revealed that many used car buyers skip vital checks before making a purchase. In fact, one in ten Brits admitted that they make no checks at all when buying a used car, leaving them unaware of any potential vehicle issues. The survey, conducted by online car-changing marketplace Carwow, uncovered just how common it is for used car … [Read more...]
Used car prices to fall this year, traders tell Startline analysis
More than eight out of 10 used car dealers expect used car prices and values to continue to fall this year, new research shows. The March Startline Used Car Tracker says that one in five (20%) think the rate of fall will accelerate, 28% believe they will continue at the current speed, and 36% that they will be less severe. Paul Burgess, CEO at Startline … [Read more...]
Poor reliability & higher costs drive change, says Carwow
Reliability and higher running costs are the top reasons for selling their motor according to a new survey by Carwow, the online car-changing marketplace. Nearly eight out of 10 respondents (78%) cited reliability as the biggest reason for changing their cars, while increased running costs (71%) came a close second on their list for choosing to … [Read more...]
Try these for an appy life
Whether it’s avoiding cratered Tarmac, trying to find a space to park, or worrying about escalating fuel prices, life can present certain challenges. But modern apps can often come to the rescue of motorists who might be feeling the strain. And here Graham Conway, Managing Director at Select Car Leasing, revealsed five of the best tech must-haves for … [Read more...]
Buyers beware but enjoy your new car
If you're thinking of looking about this weekend and buying a new 24-plate car from 1 March, you need to carefully consider what you are doing and realise you may loose a deposit, says The Motor Ombudsman. It has prepared a handy checklist to take you through the steps to satisfaction and avoid annoying mistakes. … [Read more...]
Driving up depreciation mile by mile
A new study by on-line marketplace Carwow has found how mileage severely impacts the value of used cars. The study reveals car valuations can drop by a staggering 27% once they tip over the 60,000-mile mark. As a result, owners looking to sell are now being advised to do so before their vehicle hits this 60k mileage milestone, typically when a new car's … [Read more...]
Tradelines 21 February
According to the latest data from Auto Trader, the Kia XCeed is currently the UK’s fastest-selling used car, taking on average just two weeks to leave retailers’ forecourts. Slightly behind the crossover SUV from the Korean manufacturer in joint second position, was the all-electric Tesla Model 3 and the Mercedes-Benz EQC, which both took a similarly … [Read more...]
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