How we finance and choose to pay fuel costs for our cars is changing say providers. As 2026 approaches, the UK used car market is set for another year of change. According to industry data from the SMMT, used EV transactions rose by 57% year-on-year in 2024, outpacing every other fuel type. Meanwhile, upcoming policy changes, including the end of electric … [Read more...]
Car makers welcome Budget plans in parts
Car makers have broadly welcomed today's Budget announcement but have some criticisms. Mike Hawes, SMMT Chief Executive, said, “Government has recognised the automotive industry as a pillar of national strategic importance, backing it with an industrial strategy and additional £1.5 billion to drive competitiveness and investment. Deferring the end of … [Read more...]
Car drivers’ quirky habits exposed
A new survey has looked at the quirks of car owners and drivers and come up with some surprises. From talking to themselves behind the wheel to avoiding parking next to certain car makes, Britain’s motorists are a nation of quirky drivers, according to a new survey from iCarhireinsurance.com, a leading provider of car hire excess reimbursement … [Read more...]
Fuel prices dipping again
Fuel prices fell in October reversing the previous month’s increases, data from RAC Fuel Watch shows. A litre of petrol fell 0.58p from an average of 135.55p at the start of the month to 134.97p by the close, while diesel came down by 0.81p from 143.38p to 142.57p. The cost of completely filling a 55-litre family car with unleaded therefore now stands at … [Read more...]
Tradelines 3 September
Average pump prices fell by less than a penny in August ending two months of rises, says RAC Fuel Watch. The average cost of a litre of unleaded petrol dropped by just 0.39p in the month, from 135.03p at the start to 134.64p on 31 August, with diesel down by 0.72p, from 142.92p to 142.2p at the end of the month. Supermarket price reductions were similarly … [Read more...]
Petrol & diesel preferred by existing owners
Current owners of petrol or diesel cars plan on sticking with the internal combustion engine for the next nine years on average, they told researchers. When almost 1,300 British motorists who currently drive a petrol or diesel car were questioned by SUSTAIN, six in 10, (59%) planned to keep an internal combustion engine car going as long as possible. On … [Read more...]
PHEVs are stepping stones to full EVs, say dealers
Nearly seven out of 10 dealers (68%) say PHEVs are becoming a stepping stone to an electric vehicle (EV) for car buyers worried about going fully electric. Startline’s July Used Car Tracker shows, as a result, 60% expect values for PHEVs to rise and 48% expect demand to similarly increase. However, many expect this trend to be transitory, with only 37% … [Read more...]
Fuel remains overpriced, says RAC and CMA
Fuel prices are staying higher than they should be say observers. RAC head of policy Simon Williams said, “Drivers will be concerned to hear that retailer margins on fuel are still above where they have been historically and that competition remains weak. "Given fuel is a major expense for households, and with eight-in-10 drivers dependent on their cars, … [Read more...]
13 years to end of the road for filling stations?
UK petrol and diesel stations are facing extinction by 2038, according to national EV charging network Be.EV. Data it has brought together shows that the typical forecourt has been in terminal decline with numbers decreasing from roughly 40,000 in 1967 to 8,353 in 2023, which is a decrease of 75%. The decline is expected to continue as major fuel retailers … [Read more...]
Fuel hits four-year-low but should be cheaper says RAC
Another 2p came off petrol in May making for three consecutive months of falling prices and the lowest average pump price in almost four years, data from RAC Fuel Watch reveals. Drivers are now paying the lowest price for petrol since early July 2021 while diesel – which also came down by 2p – has gone below 139p for the first time since 28 September … [Read more...]
