A study by The Motor Ombudsman, the automotive dispute resolution provider, has found 54% of respondents had very limited or no knowledge at all when choosing which garage to buy their first car from. Similarly, 53% didn’t know where to get their vehicle serviced when they first started driving. The handy one-stop point of reference, which can now be downloaded from TheMotorOmbudsman.org, … [Read more...]
Newslines 25 August
Witter towbars of Deeside is making 90 people redundant. UNITE said it was talking to the company, which hopes to keep 60 other workers on its books but is considering manufacturing abroad. Vauxhall has taken 20,000 used models under its scrappage scheme relaunched in May after spells over the last two years. Unlike other schemes, the Vauxhall recyclers will identify potential classic … [Read more...]
Classics keep up hopes of fun and investment
With new and used car sales stalling, buyers could turn to some classics to enjoy their motoring and possibly make money. From the highest priced luxury marques to mass market family saloons, most new cars lose part of their value the minute they’re driven off the dealer forecourt and continue to depreciate as they get older. But there are some affordable cars on the road that could become … [Read more...]
Used car market slows, bargains to be found
The brakes are going on used car sales after a dip in new car sales. UK used car transactions declined in the second quarter of 2017, according to the Society of Motor Manufacturers and Traders. It recorded 1,832,400 used cars changed hands in the period, a fall of -13.5%, on the back of a record 2016 and turbulence in the new car market following changes to VED rates on new cars introduced … [Read more...]
The colour of money revealed
Ford Fiesta may have been the most popular car for the masses last year, but research by click4reg.co.uk has revealed the most popular brands, models and colours in the luxury car market in the UK in 2016. Luxury car registrations, for brands like Porsche, BMW and Jaguar, were up 29% compared to 2014. This is reflective of the global market as a whole, where the super-luxury car … [Read more...]
Good & bad diesels confusion
The motor industry needs to invest in educating used car buyers about the differences between “good” and “bad” diesels when it comes to emissions, says the Vehicle Remarketing Association. At last week’s meeting of the trade organisation – which represents companies that are involved in remarketing more than 1.5 million vehicles every year – there was a detailed discussion of the topic … [Read more...]
Wrangler ropes good used car values
Jeep Wrangler prove a savvy purchase The Jeep Wrangler Diesel is proving a savvy used car purchase as values for the 2011 onwards Sahara and Overland models have risen over the last two years. The study of the 4x4 market by automotive data experts hpi identified the Jeep Wrangler as one of the best-used buys. Tim Bearder, used car expert at hpi, said, “Demand for the Wrangler is high. … [Read more...]
Majority want old diesels scrapped
Around two thirds of UK road users would support a scrappage scheme for older diesel cars, vans and lorries in an effort to get the worst polluting vehicles off our roads, according to a survey by IAM RoadSmart. The survey, by the UK’s biggest independent road safety charity, asked respondents to rate the various options put forward in the government’s recent nitrogen dioxide consultation but … [Read more...]
Hottest classic car investments this summer
Classic cars can often turn in a bit of useful extra cashflow this time of year. Always with one eye on the market, leading classic car insurance specialist Heritage has selected four of this summer’s hottest investment tips, with the value of the following motors set to rise along with the temperature. Here’s what Heritage’s Mark Wilkinson, Managing Partner of the family-run business said, … [Read more...]
Ford dominate record used car sales in UK
Ford has led the used car market to a strong start in 2017 with a record number of vehicles sold in the UK in the first quarter, said the Society of Motor Manufacturers and Traders. It reported 2,133,956 used cars changed hands in the first three months of the year, 3.4% more than in 2016 resulting in the biggest-ever volume seen in Q1 and reflecting the growth in new car sales over the same … [Read more...]