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...]
Fleets fear petrol & diesel value collapse
Fears over the future residual values of internal combustion engine cars and vans are increasingly helping to drive fleet adoption of electric vehicles, FleetCheck is reporting. Andy Kirby, customer success director, said that worries were being expressed across its outright purchase user base that demand for used petrol and diesel vehicles might start to … [Read more...]
Tradelines 16 September
Forty-seven per cent of respondents to a Vehicle Remarketing Association snapshot survey say they are currently facing issues affecting their work-life balance – but 89% say they are “somewhat confident” about coping with the stress caused. The snapshot survey also asked members what coping techniques they were using and the answers ranged from golfing and … [Read more...]