A new white paper from the Vehicle Remarketing Association is designed to “bust” 10 of the most common myths surrounding used electric vehicles. Called “EV Misconceptions”, it has been authored by battery electrochemist Dr Euan McTurk, creator of Plug Life Television, a YouTube channel about EVs. It covers topics including range, battery degradation, … [Read more...]
Sports cars hold value best
A new study has revealed that sports cars retain more of their value than any other type of car when resold. According to the latest car valuation data looking at prices for cars after three years and 36,000 miles of use, sports cars boast an average retained value of 52.38% - more than any other vehicle type. The research comes from Auto Express, which … [Read more...]
Over-priced EVs see resale values fall most
A new study from GAP Insurance provider, ALA Insurance has crunched the data on new and used cars to reveal which hold their value better than others. Using new and used car data for 47 of the most popular and reliable vehicles on the market, the research confirms that the Audi Q4 e-tron has the highest annual depreciation rate of any other car. Introduced … [Read more...]
Going green as cheaply as possible
Used electric cars are offering a cheap way into a greener future. The Electric Car Scheme is revealing some of the UK’s most affordable EVs as new models, and a growing used market brings the price of electric cars down considerably. Affordability remains the biggest barrier to getting behind the wheel of an EV, with 68% of Brits identifying it as an area … [Read more...]
Price rises predicted for new and used petrol and diesel cars
More than eight out of 10 people think used petrol and diesel cars will soon become harder to buy thanks to the government’s new 2030 production ban, according to research. Startline’s October Used Car Tracker shows that 73% expect used petrol or diesel cars to become more expensive as a result of the measure and 66% say they’ll hang onto their existing … [Read more...]
Tradelines 2 October
Eye snatching is the term being applied to the increasing number of LED headlight thefts worth thousands of pounds for each unit. Thieves are increasingly targeting expensive models to hack out and disconnect the multi-lenses to be sold on the parts' black market, said Philip Swift, Technical Director at Claims Management and Adjusting. Europe's component … [Read more...]
Classic cars’ price plateau reached
In an ever-changing year for classic cars, Hagerty Price Guide UK Editor, John Mayhead, analyses the trends that suggest the market may have finally reached a plateau. The last few years have been interesting times for the classic car market. After Covid came a surge in buyers looking for the car they’ve always promised themselves, and Hagerty’s six UK … [Read more...]
Getting the best price for your car
A new study from Auto Express can help drivers decide the most profitable way to sell their cars, and it may surprise you. Using UK Vehicle Data for the latest sale valuation estimates, the study reveals whether sellers should opt for a private sale or a part exchange. The research has revealed that private sales, which are traditionally seen as more … [Read more...]
MG & Vauxhall EV top list of bad buys
MG cars are the least reliable on sale in Britain, owners have told What Car? magazine. In a survey of 30,000 drivers the Chinese brand had the most complaints and reliability was worst with under 77% of owners saying they were satisfied. The What Car? data covers 31 brands and 199 different models. Overall, 22% of owners said their car had experienced … [Read more...]
Automatic car tests are changing up
Latest data from the DVSA reveals automatic driving tests are at an all-time high and will continue rising as more EVs are sold without traditional gearboxes. There was a 40% increase in new drivers taking automatic driving tests since last year. This also represents an increase in the proportion of automatic tests being taken in the UK. Last year, only … [Read more...]
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