Used electric cars are at a tipping point where both consumer interest and values are increasing rapidly, delegates heard at the Annual General Meeting of the Vehicle Remarketing Association. Fraser Brown, director at specialist used electric vehicle (EV) dealer Browns of Richmond and motor retail consultancy Motorvise, said the market had grown by 32% in … [Read more...]
Skywell collapse is warning to fleets
The collapse of Skywell’s UK importer this week is further evidence of the risk to fleets of acquiring cars and vans from new entrants, says FleetCheck. Peter Golding, CEO at the fleet software company, said it was very difficult for vehicle operators to assess which manufacturers would maintain a presence in the longer term. “The risk can arise at … [Read more...]
Loyalty takes a back seat to price, say dealers
Almost three quarters of dealers think used car buyers are now less brand loyal, suggests new research. June’s Startline Used Car Tracker shows 52% believe price and value are becoming more important and 32% that cars from new entrants often appear a better buy. Also, 28% say models from some established manufacturers have just become too expensive, 12% … [Read more...]
Silence is golden and saves you money, say Vertu
You've checked the mileage, scanned the bodywork, and flicked through the service history, the car looks right on paper, but according to the technicians who inspect these cars every day, that's where most buyers stop – and exactly where problems could hide. A survey of 55 dealership technicians, master technicians, and aftersales managers across Vertu’s UK … [Read more...]
Avoid these EVs with low resale value
New research has revealed the most common electric vehicles that have historically depreciated the fastest in the UK. The research carried out by GAP insurance provider, ALA Insurance, found the Nissan Leaf, Renault Zoe, BMW i13, Jaguar I-PACE, Audi e-tron and the Mercedes-Benz EQC lose their value the quickest after being driven off the … [Read more...]
DVLA fraud sees three jailed
A dishonest DVLA employee altered vehicle documents in collaboration with two corrupt car dealers to inflate values and get more money for them. Dodgy dealers Joshua Sawyer and Ashley Harris paid the DVLA’s Matthew Holloway £23,000 to change the records of high-end vehicles that had been written-off or stolen as well as motor cycles and quadbikes. Holloway … [Read more...]
Used Tesla models dragging down EV prices
Eight out of 10 dealers (83%) say Tesla Model 3s dipping under £10,000 for the first time is a key moment in the used electric car sector, research shows. June’s Startline Used Car Tracker shows 38% say this price point is an important psychological barrier for those potentially buying their first electric car. Also, 31% say consumers view the Model 3 as a … [Read more...]
Newslines 5 June
A new railway bridge will be installed at Cathays railway station starting on 13 June. The ‘Access for All’ footbridge will provide better accessibility and help modernise the station to a safer transport hub while additional features of the infrastructure upgrade include step-free lift access for wheelchair users, improved walkways, and direct access to … [Read more...]
Fleets face tougher Euro 7 MoTs this year
Fleet operators need to reconsider service, maintenance, and repair strategies in light of the forthcoming change to Euro 7 regulations, according to i247 Group. Euro 7 comes into effect from 29 November 2026. It applies to all new passenger car and light commercial vehicle types (new model approvals) sold or registered from November 2027. The new … [Read more...]
Welsh drivers speeding down the EV route
Blaenau Gwent is leading Britain's electric car boom, recording the fastest growth in private EV ownership, with battery electric vehicle (BEV) numbers rising by almost 90% year on year, according to new analysis of Government data by AA Cars. The latest vehicle licensing data from the Department for Transport and Driver and Vehicle Licensing Agency shows … [Read more...]
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