Twenty-nine years ago the first Audi A3 established the premium compact class and today the fourth generation sets a high standard which rivals really struggle to match. From that initial model in 1996, the A3 series has evolved into a comprehensive range of saloons and semi-estates or coupes with individual emphasis on sophistication or sportiness to … [Read more...]
Over-priced EVs see resale values fall most
A new study from GAP Insurance provider, ALA Insurance has crunched the data on new and used cars to reveal which hold their value better than others. Using new and used car data for 47 of the most popular and reliable vehicles on the market, the research confirms that the Audi Q4 e-tron has the highest annual depreciation rate of any other car. Introduced … [Read more...]
Newslines 9 August
The North East is home to Great Britain’s safest roads, with just under 2% of all the country’s collisions in 2022, according to analysis of accident data. The study by Go.Compare Car Insurance said North East had just 6,122 accidents across the year, while Wales and Scotland complete the three safest British regions, both boasting just 4% of all total … [Read more...]
New convertible cars hit 20 year low
U.K. buyers in the market for a new convertible car have the fewest models to choose from in almost 20 years. The latest annual Convertibles Report by CarGurus - a leading automotive marketplace in the U.K. to shop, buy, and sell used vehicles - found consumers have the choice of just 22 new convertible models from the U.K.'s 30 most popular manufacturersi. … [Read more...]
Younger drivers turning towards subscription services
New data from Wagonex revealed that younger drivers are most likely to acquire a car on subscription. Drivers aged 26-35 are six times more likely to get a car on subscription than those aged 56-65, and eleven times more likely than those aged 65+. With the latest sector statistics revealing that the UK’s car subscription market is the biggest in Europe … [Read more...]
Businesses buying rise in UK car sales
The UK new car market marked its 22nd consecutive month of growth as registrations rose 1.7% in May, according to the latest figures from the Society of Motor Manufacturers and Traders. With 147,678 units reaching the road, it was the best May market performance since 2021, although it remains down some -19.6% on 2019. Fleets and businesses continued to … [Read more...]
Make money from these models, say Carwow
New figures revealed UK car dealers’ 10 most in-demand models, with owners being advised they could get a better price if they sell as soon as possible. Overall, the Volvo XC40 was identified as the country’s most sought after car by dealers. As high demand can often have a positive impact on a car’s value, this means owners have an opportunity to receive a … [Read more...]
Plate change boosted by fleet registrations
The 24-plate change boosted new-car registrations in March, according to SMMT figures. But private buyers have put the brakes on pure electric purchases and the car makers want Government incentives to be increased to meet emissions targets.. March signals a twentieth month of consecutive growth for the automotive sector, a remarkable milestone for the … [Read more...]
Car sales boom on eve of Budget
February’s figures reinforce the robust performance of the UK automotive sector, maintaining a strong start to 2024 and signalling a nineteenth month of consecutive growth, said Sue Robinson, Chief Executive of the National Franchised Dealers Association, commenting on the latest SMMT new passenger car registration figures. In February, a total of 84,886 … [Read more...]
Big shift expected in 2024 UK car market
The analysis of the average UK monthly search volume for the past six months reveals the Nissan Qashqai as the undisputed champion, attracting a remarkable 815,000 searches in the six months August 2023-Jan 2024. Interestingly, the second-place position goes to the KIA Sportage, likely accumulating 765,000 searches over the last six months due to its new … [Read more...]
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