Supercars are selling strongly on the used market in Britain. BCA reports strong demand for the luxury and supercar sectors in the UK as sales of high value vehicles in 2017 often substantially outperformed guide price expectations. BCA sold a range of vehicles from the luxury and supercar sectors for over £100,000 last year, including Audi R8 Spyder, … [Read more...]
Eye-watering warranty payouts revealed
The top ten largest repair bills from 2017 have been revealed. A McLaren MP4-12C tops the list, with a major gearbox repair bill totalling a massive £10,000, which was covered by Warrantywise. By contrast, covering your McLaren MP4-12C with Warrantywise will set you back by just £209 per month. The top ten list is full of some of the world’s most … [Read more...]
Used EVs now appreciating due to shortages
As sales in the electric vehicle sector continue to surge, analysis from automotive data experts hpi shows that savvy motorists could already be making a profit on a vehicle they bought just 12 months ago. A combination of factors including the rollout of clean air zones, cheaper running costs, increased charging points, incentives to drive and wider … [Read more...]
Fast and sure winner for Wales
Newport-based motor factor Fast Parts Wales has been awarded runner-up in the category of ‘Car Distributor of Excellence’ at the highly respected IAAF (Independent Automotive Aftermarket Association) Annual Award Ceremony 2017. The leading automotive parts and accessories supplier received the award in front of around 600 guests, with the result … [Read more...]
Diesel sales collapsing in UK – AFVs rising
Diesel sales have collapsed 30% in Britain as the new car market contracted by over 11% last month, said the car-makers’ body. The Society of Motor Manufacturers and Traders reported a rise to over 33% for alternatively fuelled vehicles and a 5% increase in petrol engined models. The big switch from diesel to alternative fuel led by business users … [Read more...]
Tradelines 22 November
The Range Rover Evoque is becoming less popular with business clients of Fulton Vehicle Leasing. It reports there has been a rise in demand for the MB A-Class and Kia Sportage (above) while Ford and VW are slipping down in the mass market as well. A comprehensive vehicle history is the number one factor for trade buyers when acquiring used cars and … [Read more...]
Brakes still going on used-car sales, reports SMMT
The UK’s used car market declined for a second consecutive quarter in Q3, according to the Society of Motor Manufacturers and Traders. But overall, 2017 remains level with 2,102,078 second hand cars changing hands from July to September, representing a fall of -2.1%. Year-to-date, the market remained at record levels after a bumper first quarter, with … [Read more...]
Don’t catch a cold with a winter 4×4, says hpi
As the weather takes a turn for the worse, many motorists may consider buying a 4x4 for the winter months. hpi say that recent models to launch that have seen low to zero depreciation and they are Seat Ateca, Skoda Kodiak and Ford Kuga. hpi recently launched a vehicle valuations service to give consumers the ability to buy and sell … [Read more...]
The true cost of buying your next car is explained
A new car loses approximately 20 per cent of its value when it’s driven off the showroom forecourt, and cars lose between 15 - 20 per cent of their value each year, so it pays to have an understanding of deprecation when you’re buying a car. However, the numerous makes, models and colours will all hold and lose their value differently, so a bit of … [Read more...]
Beware of “bargains” as sales slow and prices drop
Holidays are over and forecourts are full of pre-owned cars which have been traded in to get the latest “67” plate. For lots of us, now is the time we think about trading up to a newer model, says Tim Shallcross, IAM RoadSmart head of technical policy. However, today’s high-tech cars can be concealing wallet-crunching problems unknown on previous … [Read more...]
