Uncertainty remains after Supreme Court ruling on car finance, said Paul Hollick, chair at the Association of Fleet Professionals. “We’ve gone from a situation on Friday where the Supreme Court verdicts suggested the worst risks for the motor finance sector had been removed, to one on Monday morning where the FCA’s intervention has reintroduced the … [Read more...]
Keeping on top of your motoring admin saves money
It might feel like a full-time job to keep on top of admin and payments relating to your car, but putting off your car-related admin could cost you. Common motoring mistakes like waiting until the last minute to renew your car insurance, predicting your mileage incorrectly, or misunderstanding your car finance deal could all be leaving motorists out of … [Read more...]
Car sales are rising but beware of finance costs
More than half of UK drivers (51%) are intending to buy a new or used car in the next six months, now that showrooms have re-opened and travel curbs are lifting said comparethemarket.com. Drivers are set to spend an average of £15,042 on these cars, with 39% planning to buy either an electric or hybrid vehicle. The main reasons that drivers cite for … [Read more...]
Size matters to some
If you struggle to fit into parking spaces and breath in when driving down country lanes, you are not alone. Casting a tape measure over today's popular cars shows the current model may be a staggering 63% bigger than the original version and one weighs a hefty 73% more, according to experts at car finance firm Zuto. Cars are getting bigger, … [Read more...]
Newslines 19 November
Rich Welsh drivers prefer to buy a Lamborghini, says a specialist finance company. JBR Capital revealed the Italian supercars account for over 28% of their loans, the highest for the marque in the UK, in Wales. There is a £150M plan to revive a race and test track near Rassau, Ebbw Vale, according to media reports. It follows the failure of the … [Read more...]
Newslines 14 July
Cutting or lifting Severn Bridge tolls next year would be welcome but possibly lead to more jams along the M4, say logistics experts. The FTA in Wales and leading hauliers want the M4 widened to cope with anticipated 17% rise in use over coming years, outstripping the road-space allowed under Welsh Government plans for bypasses around Newport. The … [Read more...]
