HMRC has identified an increasing risk of an error in the VAT returns for certain Franchised Dealerships, described as “Bumping”. HMRC are sending letters to some motor retailers that they believe are at risk from ‘Bumping’. Bumping is where there is a discrepancy between a vehicle sales invoice on the DMS system and the finance proposal one, which can … [Read more...]
Warming up for winter
With temperatures dropping across the UK, and fuel prices rising, Graham Conway, Managing Director at Select Car Leasing shares ways drivers and their cars can stay warm behind the wheel without breaking the bank. “On frosty cold mornings, many drivers will wake up extra early to whack the heating up in their car. Whilst this won't consume a significant … [Read more...]
Britains best and worst cars listed
Britain’s most and least reliable cars have been revealed in the 2022 What Car? Reliability Survey, held in association with MotorEasy. Feedback from 24,927 car owners on 248 models and 32 brands was analysed by the country’s leading consumer champion and new car buying platform, What Car?, to find the most dependable vehicles. Four models achieved a … [Read more...]
Safety and higher emissions issues from older vehicles
A time-bomb in safety and environmental issues is on our roads. With a shortage of new cars and cost of switching to electric vehicles holding back sales, the average age of the UK car park has risen to 8.7 years. That's a rise of 12 months in the last decade and with the brakes on new business and models coming through it is believed the average age might … [Read more...]
Charger availability will be 98% worse in 2031
Finding an electric car charger in 2031 will be 98% harder than it is today, according to a GoCompare Car Insurance. This emerges despite the ban on new petrol and diesel car sales, which is set to come in from 2030, highlighting that the country’s infrastructure may struggle to accommodate electric vehicles. Last year, there were 266 electric vehicles … [Read more...]
Stellantis struggling in showrooms
Franchised car dealers have been rating their manufacturers in the annual survey. An analysis of the ‘overall average score’ across all questions of the survey (6.4) put Lexus at the top with 9.2 points out of 10, followed by Mercedes (8.4) and Kia (8.4). The bottom of the table saw Fiat (3.7), Abarth (4.4), and Alfa Romeo (4.7), which is bad news for the … [Read more...]
Tradelines 7 September
Kia UK Limited has extended its long-running roadside assistance partnership with the RAC, to the end of 2023. Every new Kia sold – including the multi award-winning all-new Sportage and fully-electric EV6 – is covered by Kia Roadside Assistance, a fully comprehensive roadside service delivered by the RAC that gives drivers complete peace of mind, whether … [Read more...]
Newslines 5 September
A Ford Escort RS Turbo driven by Diana, Princess of Wales, and seen in many photographs has sold for £650,000 at auction. The black Escort driven by the late royal from August 1985 to May 1988, went to a UK buyer at the Silverstone Auctions last week and including the auctioneers premium cost £730,000 in total. Five months ago on 1 April Honda broke … [Read more...]
Range Rover is top of flops
Land Rover Range Rover is the most unreliable used car, according to Warrantywise’s annual Reliability Index. Warrantywise, the country’s leading extended car warranty provider, reveals that Land Rovers, BMWs, and Porsches take up seven out of ten of the least reliable models from the Reliability Index data range. The data, only including cars that are … [Read more...]
Auctions still doing well in recession
Despite the challenges currently facing the automobile industry, the auction market is in a positive state. Supply and demand have been stable for the last month, with summer soon to draw to an end. "We are expecting that September will see a steady surge as customers return from holidays, boosting the market”, commented Paul Hill, National Association of … [Read more...]
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