More than half of consumers “hugely overestimate” the time it takes for used electric car batteries to lose range, according to April’s Startline Used Car Tracker. Asked to estimate typical range loss after five years, 56% said they expected the fall to be 30% or more. In fact, research shows the real world result is likely to be less than half this … [Read more...]
Motorists returning to dealerships away from online
The cost of living crisis is driving car buyers away from online purchases and into dealerships – with many expecting to bag a better deal by meeting the retailer in person, new research shows. April’s Startline Used Car Tracker reports that 55% of people have become less likely to buy a car online because of pressure on personal finances with 31% … [Read more...]
Weekend roadtest: GWM Funky Cat 1st Edition
The UK’s electric car revolution is becoming a bloody affair. From initially resisting the new technology on cost grounds including writing off established investments in petrol and diesel engine technology and having to develop hybrid or pure electric powertrains, along with making tens of thousands of workers redundant, manufacturers have struggled to … [Read more...]
Dealers putting brakes on buying EVs
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...]
Suzuki dramatically extend warranty
Suzuki is moving to a longer 100,000 miles warranty. As ‘The Trusted Car brand for those who are proud to be different’ Suzuki GB PLC is very pleased to announce the imminent introduction of its Service Activated Warranty Scheme. Launching to customers on 3 April, Service Activated Warranty is offered once the vehicle reaches the end of its manufacturer … [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...]
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...]
Government EV plan must include CVs, says industry body
The £56 million funding announced yesterday by government to increase the provision of electric vehicle charge points must create provision for commercial vehicles, according to business group Logistics UK. This will be necessary if the industry is to hasten its transfer to Net Zero, said Senior Policy Manager at Logistics UK, Denise Beedell. “Figures … [Read more...]
Falling value of new cars put off younger buyers
The depreciation value of 2022's most popular cars has been revealed According to a new report by Go.Compare Car Insurance, a high depreciation value would stop 70% of drivers from buying a particular make or model of car. Most young drivers have future finances in mind, with 73% of those aged 18 to 24 being put off a car if it depreciates … [Read more...]
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