Cheaper electric cars are urgently needed for motorists to accelerate their switch away from petrol and diesel models, says an industry financial expert. Fleets need to be able to buy electric vehicles now that used car buyers will want in four years’ time – but are being hampered by a lack of choice, FleetCheck is warning. Peter Golding, managing director … [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...]
Essential to build NCDs, says broker
Car insurance premiums decrease by £745, a drop of almost a third (32%), after one year of no claims discount, according to Compare the Market. When drivers come to renew their policy, those who have not made a claim on their car insurance can typically receive a no claims discount, or no claims bonus, from a number of insurance providers, with the discount … [Read more...]
Turning the corner with an electric classic car
Since the government’s announcement to ban the sale of new petrol or diesel vehicles by 2035 and as more electric and hybrid cars start to roll off production lines, converting classic cars to electric powered motors is increasing. In fact, searches for ‘electric classic cars’ have increased by 40% in the past month as the rising popularity of … [Read more...]
EU want to ease old cars off the roads
With traditional engines being outlawed by 2050 or sooner in some countries, information has emerged regarding the European Union’s plan to restrict repairs on older vehicles, reports EuroWeekly. The proposal, originating from the European Commission and yet to be ratified, aims to phase out older, more polluting vehicles in favour of environmentally … [Read more...]
The best 4×4 by scrap
Land Rover is the most valuable brand for scrap overall, with the average price quoted for these vehicles sitting at 28.8% higher than the average. The quoted price is directly linked to the weight of the vehicle and with all Land Rover vehicles being large SUVs and 4×4 vehicles, they’re definitely one of the weightier brands when all models in their … [Read more...]
Best and worst cars to buy and own
When buying a new car, it’s always worth thinking about the potential resale value and how much it will depreciate over time. Some cars can prove to be very worthy investments, with their value increasing over time, while others may drop quickly in value as soon as they leave the forecourt. Elements such as age, condition, mileage and number of owners are … [Read more...]
British drivers love e-bay!
As one of the UK’s biggest online automotive marketplaces, eBay has revealed the most expensive parts and accessories of 2023, with performance engines, carbon fibre monocoques for high-end performance cars and exclusive number plates dominating the top 10. First and second places on the rundown of biggest buys for 2023 belonged to the performance car … [Read more...]
Northerners are more moral about scrapes
It's a scenario many drivers fear: you return to your parked car to find a fresh dent or scratch, with no note, no apology—just a silent testament to someone's hasty retreat. But how common is this hit-and-run attitude in the UK? A recent survey commissioned by Zego Van Insurance sheds light on the state of British honesty when it comes to minor car bumps. … [Read more...]
1.8 M drivers have The Knowledge
The Motor Ombudsman’s online Knowledge Base is five years old. Accessible on every page of the Ombudsman’s website, TheMotorOmbudsman.org, the Knowledge Base was introduced in January 2019 to help consumers find answers to frequently-asked questions, and information in relation to buying and owning a car. During the last half-decade, the Knowledge Base … [Read more...]
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