Dealer margins are being squeezed as despite strong demand it is proving difficult to push retail prices up, according tp CAP HPI. This is due to consumers cost-of-living concerns and high used car prices from increases since the start of COVID, and especially in 2021 when values increased by c.30% on average. Plus there is strong competition from other … [Read more...]
KIA is king say dealers but PSA are pitiful
Kia is the highest rated marque by dealers in their annual showroom and business survey while PSA Group companies were among the lowest. The all-important question ‘how would you rate your manufacturer overall on a scale of 1 to 10?’ returned an average of 6.5, on par with six months ago. Kia (9.3), Lexus (9.2), and Mini (8.8) were the top performers … [Read more...]
Used fleet-evs are slowly shifting
Ex-fleet electric vehicles are taking more than twice as long to sell as internal combustion engine models, according to new data from epyx, but the situation could change relatively quickly, the company added. Figures drawn from its 1link Disposal Network platform show that petrol cars and vans are taking an average of 10 days to sell, and diesel 11 but … [Read more...]
Testing time runs out for MoT change view
A split is developing over the Government’s proposal to extend the first MoT Test from three to four years. Consultation on the proposal ends tomorrow night. The Independent Garage Association (IGA) has responded to the Department for Transport’s (DfT) consultation proposing changes to the MOT frequency and other MOT enhancements. Stuart James, IGA Chief … [Read more...]
Leasing companies accused of overcharging ev customers
Leasing deals for battery electric vehicles are being overpriced, new analysis by T&E of the used car market finds. In the UK, leasing offers for BEVs are on average 51% more expensive than their equivalent petrol model. Leasing an electric VW ID.3 costs approximately £605 a month, whilst the petrol Golf is offered at £376. In the UK, battery … [Read more...]
Weekend roadtest: Second look Toyota Auris TR 1.6
With new car prices skyrocketing and delivery times close behind them, it’s little wonder the used car market has taken off as well. Nationally, approximately three second-hand cars change hands for every new car sold, sometimes it’s a higher ratio in densely populated areas such as South Wales or the Midlands where it might be 6:1. No wonder the used … [Read more...]
Italian classics remastered for today’s enthusiasts
The Real Italian Car Company is turning back the clock with beautifully-restored bespoke examples of the classic Fiat 500 destined for new homes all around the world. The Fiat 500 is an icon of Italy, as well as being the most affordable and engaging way to enter the world of Italian classic car ownership. With easy maintenance and ultra-low running costs, … [Read more...]
Newslines 3 March
Owners of the latest Kia models can now benefit from the latest infotainment features more quickly and easily, thanks to new over-the-air functionality. Available for all Kia models equipped with Kia Connect from MY22 onwards, OTA capability ensures the customer’s satellite navigation unit can wirelessly receive map and related software updates. Bus … [Read more...]
Beware of virtual vehicle scams
Car buying scams are on the rise, driven by criminals hoping to take advantage of drivers searching online for their next set of wheels. The second-hand market is becoming a hot bed for shady and illegal practices and this week six people were arrested after a major virtual vehicle scam was uncovered by police. It is thought hundreds of victims across the … [Read more...]
Racing to the front line
Trustees of Castle Combe Racing Trust enlisted to support the Ukrainian Appeal. In January a motor racing themed initiative was launched by Stuart Rolt, former racing driver, entrant, and owner of the unique Ferguson P99 Climax 4x4 F1 car. Stuart, supported by his friend Nick Adams (above) from Bath, decided to supply/deliver a 4X4 pick-up truck as part … [Read more...]
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