The minute you drive your new car out of the dealership, its value dramatically drops - but there are some models that will hold their worth far better than others. If you're thinking of buying a new car for the April 18-plate, you should consider that Automotive data experts cap hpi has compiled this list of depreciation busting cars – vehicles that … [Read more...]
Used car dealers urged to plan for diesel’s decline
Used car dealers should be starting to think about an inevitable shift away from diesel towards petrol that is likely to take effect in around two years, says the Vehicle Remarketing Association. The trade body, which represents businesses that process 1.5 million cars for remarketing every year, says that the change in the used car market – which has … [Read more...]
Electric vans now matching diesels’ cost, say analysts
The costs of emissions-free, electric vans are now as low as their diesel competitors. That’s according to a new study by consultancy CE Delft that focuses on the small van segment largely used in cities and which accounts for 40% of total van sales in the EU. The study takes into account purchase price, taxes, fuel bills and maintenance costs over … [Read more...]
From car cleaning to customer care champion
Sinclair Volkswagen Cardiff after-sales manager Lee Mitchell has joined the marque’s gold club. Britain’s second best selling UK brand recently recognised ten colleagues who have clocked up long service and Lee is among them for over 30 years service and exceptional assistance to customers. He said, “I started at JB Volkswagen in about 1985. I was … [Read more...]
Best sellers which won’t burn a hole in your pocket
If you are looking to buy a new car this March, InsuretheGap.com has analysed how the top ten best-selling petrol cars in 2017 have held their value in the last five years. A new car loses approximately 20 per cent of its value as soon as it is driven off the showroom forecourt, and cars lose between 15 - 20 per cent of their value each … [Read more...]
Supercars still selling well – on used forecourts
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...]
