Demand for used cars is 15% higher than it was at this time last year, coinciding with a decline in sales of new cars, says AA Cars.
Drivers’ interest in used cars spiked to 9.1%above pre-pandemic levels when forecourts re-opened in June, but the new analysis shows that demand has continued to pick up since then with searches on the AA Cars platform in September an average4% higher than they were in June and by almost a third in some areas.
Payment holidays on car finance loans will be extended, said the Financial Conduct Authority.
Existing deferments can be extended and new borrowers can apply for new terms up to six months.
Volkswagen says it has recovered from the coronavirus impact on sales and will return to profitability this autumn.
It says measures it took to combat the virus helped production return while new model introduction added momentum.
The first 500 buyers of the new Mazda MX-30 First Edition SUV EV will get a complimentary NewMotion wall box charger.
Orders have to be placed by 31 March to qualify and with prices from £25,545 MX-30 will come in three trims with a range up to 124 miles this spring.
Doting parents want their child’s first car to be safe, reliable and have a low tax rating, while new drivers are most likely to desire an attractive motor to impress their mates.
A Ford survey of 2,000 parents, with children of driving age, revealed stark differences between what the generations believe to be important when looking for a first car.
In an unexpected move which could set a precedent, Leeds has decided not to introduce a Clean Air Zone as pollution levels have fallen.
Bath and Birmingham say they will introduce CAZs where vehicles are restricted to certain streets in 2021.
Making electric vehicles will be no more expensive that building internal combustion engined models by 2024.
That’s the conclusion of a report by UBS analysis.
Half of car hire customers will only use major international rental firms.
Two fifths book the cheapest car and a fifth always use the same company, missing better deals with local operators, according to an Opinium survey for iCarhireinsurance.