Grants or loans to support the used electric vehicle market is the number one action dealers would like to see from the new Labour government to encourage private buyers to make the transition from petrol and diesel models. August’s Startline Used Car Tracker shows 56% of traders would back the move - followed by 50% who want cheaper electricity for EV … [Read more...]
Call for independent certified EV health check
Almost nine out of 10 motorists say it is important to have an independent, certified used electric car assessment showing how well previous owners have looked after the vehicle’s battery. While 83% want to know how long the battery will take to fully charge, 82% also want verification on the amount of battery capacity that has been lost since new and 81% … [Read more...]
Tradelines 21 August
Helping fleets access lower insurance costs by proving they represent a better risk is the aim of new affinity partnership signed by FleetCheck. 1st Choice Insurance are a specialist fleet broker based in Shrewsbury, who represent a panel of the UK’s largest and most experienced fleet insurers and the two companies are working together to identify fleets … [Read more...]
Used car market booms & trouble for traders
According to the latest market analysis by Auto Trader based on the current trajectory, the used car market is expected to perform well in the latter half of the year with sales predicted to rise 5% year-on-year (YoY) to circa 7.6m transactions. However, due to unprecedented shifts in supply dynamics, retailers will need to adapt to a rapidly changing parc … [Read more...]
Tackle depreciation even before you buy a new car
Whenever you buy a car, it’s inevitable that its value will decrease. In fact, within the first 3 years of car ownership, the value can drop by as much as 60%. Some models do better than others, and the arrival of more electric cars is altering the market as well. With the new plate coming in next month, here's advice for readers hoping to understand how … [Read more...]
On-line car sales have limited appeal, trade believes
Limited potential for online-only motor sales was the top reason for the recent collapse of Cazoo, say dealers. Research from July’s Startline Used Car Tracker shows half of dealers surveyed said this was a problem, followed by 37% who said investors overestimated efficiencies that could be accessed through technology, and 35% that they failed to recognise … [Read more...]
Insurance probe launches into companies
Insurance is meant to provide peace of mind and vital support for people during what can be some of the worst times of their lives. But consumer champions Which? found that far too often insurers are piling misery onto their own customers. Our latest research revealed that nearly two thirds of people with valid complaints last year suffered distress and … [Read more...]
Kia charge in with EV incentives and low finance
With sales soaring, Kia has launched big incentives to switch to its expanding range of electric models. Offers begin this week and end Monday,30 September, with 2.9 per cent APR on finance options for EV6 (above), Niro EV and Soul EV; 4.9 per cent APR available on the fully electric Kia EV9; upgrade to EV with a £500 saving for existing finance customers … [Read more...]
Tradelines 3 July
FJ Chalke & Vale Motors Isuzu proudly announced its sponsorship of local resident and esteemed customer John Binding, member of The Alaskan Malamute Working Association, as he competes in the World Sleddog Dryland World Championship in November 2024. The Alaskan Malamute Working Association, host of the WSA Dryland World Championship 2024, anticipates … [Read more...]
British breakthrough in EV battery design
Nyobolt is taking its high-power density, fast-charging battery technology from the lab into the real world by revealing the first running Nyobolt EV prototype. Designed and engineered with CALLUM, the Nyobolt EV will be used to both validate the company’s battery performance in a high-performance environment, as well as allow car makers to witness an … [Read more...]
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