When buying a new car, it’s always worth thinking about the potential resale value and how much it will depreciate over time. Some cars can prove to be very worthy investments, with their value increasing over time, while others may drop quickly in value as soon as they leave the forecourt. Elements such as age, condition, mileage and number of owners are … [Read more...]
Car makers want more EV incentives for private buyers
The UK new car market has recorded its best year since the pandemic as a strong December up 9.8%, wrapped up the 17th month of consecutive growth. Some 1.903 million new cars reached the road during 2023 – an increase of 17.9%, according to the latest figures from the Society of Motor Manufacturers and Traders. In Wales last year, registrations reached … [Read more...]
BEV charge is running down
The UK new car market grew by 9.5% in November to reach 156,525 units, according to the latest figures from the Society of Motor Manufacturers and Traders, but there's a slowdown in EV interest among private buyers. In the market’s best November for four years, registrations almost returned to pre-pandemic levels, down just 96 units (-0.1%) on … [Read more...]
Buying into greener habits, maybe a model attraction
Britain's best eco-warriors on the roads have been revealed in a survey for Auto Trader, and there are a few surprises. Their survey has also shown up the least green owners. Top 5 Drivers With The Best Eco-habits Lexus Drivers: Lexus drivers are crowned the drivers with the best eco-habits, thanks to their pioneering behavior in reducing road congestion … [Read more...]
Fleet discounts driving slight rise in new car registrations
October’s new car market grew by 14.3% to reach 153,529 registrations, 7.2% above pre-pandemic levels and marking the best performance for the month since 2018, according to the Society of Motor Manufacturers and Traders. The 15th month of consecutive growth was driven almost entirely by large fleet registrations, which grew 28.8% to reach 87,479 … [Read more...]
Stinging verdict delivered on van drivers
Van drivers have been slated as the worst on UK roads. In a poll for Moneybarn they achieved an overall score of 0.56/10! Almost 19% of survey respondents said those in vans are the worst drivers, the least considerate and the rudest on the road (17.90%). White van drivers, in particular, have built up quite a reputation, with many tradespeople … [Read more...]
Running costs drive motorists’ buying decisions, says Startline
The effect of rising living costs on which used cars are chosen by consumers has grown strongly in the last six months, according to September’s Startline Used Car Tracker. Running costs are the most important factor now named by 74% of motorists compared to 62% in April, followed by the cost of living, which is now at 65% against 61% over the same period. … [Read more...]
Welsh new car sales leap over 26%
The new car market grew 24.4% in August with 85,657 new vehicles registered, according to the latest figures from the Society of Motor Manufacturers and Traders. While August is typically a quieter month with many buyers choosing to wait until the September numberplate change, an increase of 16,799 units means the sector is now entering a second year of … [Read more...]
Newslines 18 August
The Drivers and Vehicle Standards Agency says vehicle recalls will now appear on MOT test certificates records. The vehicle recall system is an essential safety mechanism for motorists to return their car to their dealership to have warranty recalls repaired free of charge to adhere to regulations and for franchised dealers, this is a crucial opportunity to … [Read more...]
Wales car sales soar by nearly a quarter in July
New car registrations in Wales shot up 23.8% despite the atrocious July weather, according to the Society of Motor Manufacturers and Traders. It was the same rise as in Northern Ireland but slightly trailed the growth in England of 29.5% and was ahead of Scotland’s 21.6%. New car sales in Wales reached 4,955 registrations last month and the UK totalled … [Read more...]
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