The latest used car scam is restealing, warn investigtors. The UK’s oldest specialist motor insurance loss adjuster, Claims Management & Adjusting, has reported a worrying increase in the used car scam, particularly in the North of England. The con sees an unsuspecting consumer purchasing a cloned vehicle, only to have it stolen within days by the very … [Read more...]
Used ev sales stabilize on demand and availability
Falling prices have fueled greater interest and resale of used electric cars, according to a new survey. Latest data from Auto Trader’s Retail Price Index show the recovery in used electric vehicle values has continued to gather pace in October due to the combination of increasing consumer demand for greener vehicles fuelled by attractive prices and a … [Read more...]
We’re keeping our cars for longer
A survey finds that almost half of drivers (45%) are holding onto their cars for longer than usual because they are unsure whether to buy a petrol, diesel or electric car, rising to 56% of under 34s, compared to 36% of over 65s. The survey of 2,000 drivers carried out by Opinium on behalf of InsuretheGap.com also finds that just over two fifths of drivers … [Read more...]
Agency selling model worries more dealers
Dealer worries over the growth of agency agreements have doubled in the last month, according to October’s Startline Used Car Tracker. The factor was named as a future challenge to their business by just 22% of used car retailers in September but has jumped to 42% this month. Paul Burgess, CEO at Startline Motor Finance, said, “For most of this … [Read more...]
Service bookings taking longer
Lead times for fleet service, maintenance and repair have risen by more than 57% since the start of the pandemic, according to new data from epyx. In January 2020, the average time between when a company car or van booking was created to when the vehicle went in for work was 8.11 days - but today stands at 12.76 days. This data is taken from epyx’s 1link … [Read more...]
Car complaints are rising
The Motor Ombudsman has seen the highest volume of service and repair cases brought by consumers in a single quarter so far this year. Between 01st July and 30 September, the Ombudsman for the automotive sector accepted a total of 1,348 new submissions from motorists, up 10% from 1,226 in the second quarter, and equating to a 13% increase versus the volume … [Read more...]
KIA is king but Stellantis is hopeless, say traders
Kia is the best and Stellantis the worst brands to be selling, say car dealers. The NFDA Dealer Attitude Survey was conducted last month and asked franchised dealers questions about the on-going business relationship with their respective manufacturers. It brought 2,531 responses from 32 franchised networks, equating to a joint record response rate of 68%. … [Read more...]
Cost of living risks to road safety
With the cost-of-living crisis showing no signs of lifting any time soon, TyreSafe is urging drivers and riders not to compromise on their safety. Tyres are a vital, safety critical component, arguably the most important for staying safe on the roads. Replacing tyres is costly but trying to save a few pennies can be a false economy. Ultimately, how well … [Read more...]
Motorists ill-prepared for emergencies, says Go.Compare
Less than a fifth of drivers feel prepared for dealing with a vehicle emergency, a new survey from Go.Compare Car Insurance has revealed. The insurance comparison site asked UK motorists whether they feel equipped for a car maintenance emergency, but shockingly, the majority of motorists did not think they were, with 82% stating as such. Men claim to feel … [Read more...]
EVs tyres are wearing sooner
Tyres on electric cars are wearing out sooner than on other models, say service analysts. Tyres fitted to electric vehicles are lasting, on average, 6,350 fewer miles than those fitted to petrol or diesel cars, new fleet data from epyx suggests. The first tyre change for electric cars is taking place at an average of 17,985 miles and 551 days old, … [Read more...]
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