The cost of car insurance for young drivers aged 17-24 has typically risen by £658 year-on-year, according to new research from Compare the Market. Annual car insurance cover for young drivers now costs £1,929 on average compared to £1,271 in 2022. Most young drivers are concerned that driving is becoming unaffordable. More than seven in ten drivers aged under 25 (73%) are worried about how they … [Read more...]
Newslines 15 December
Looking for the ultimate Christmas gift for a car enthusiast and Auto Vivendi is selling places in its 200mph Challenge next year. Recipients get to drive a supercar in a high speed sprint for £2,950+VAT. The Lexus RX large luxury SUV has collected another honour, being named the Best Large SUV in The Car Expert Awards 2024. Its success comes hard on the heels of having won the best premium … [Read more...]
Car sales getting greener as sales faltered
Ultra-low emission vehicle (ULEV) registrations shot-up by 125% during 2020 compared to the year before, according to new figures from the Department for Transport. There was more good news for ULEV manufacturers, with registrations speeding-up over the course of year, which helped put 179,000 registered cars on the road by the end of 2020. After ULEVs, alternative fuel cars enjoyed 87% growth, … [Read more...]
Black boxes putting the brake on cheaper insurance
A data-dilema is putting the brakes on sales of motor insurance linked to telematics. One of the main obstacles to telematics uptake is that many drivers (56%) are not comfortable sharing personalised driving data with providers, as they might be nervous of being badged a bad driver. Of those who have not purchased a telematics policy, nearly one in five (19%) didn’t want to run the risk … [Read more...]