Over one in ten (11%) Brits have sold their car due to financial necessity, according to Carwow, the online car-changing marketplace. Of these, 58% were female, and 42% were men, suggesting that women are more likely to give up their car due to financial pressures. Selling a car because of financial pressures is more common among those aged between 40 and … [Read more...]
Drivers pay £915 million in parking fines
Drivers are expected to fork out £2.15 billion in parking and traffic fines this year, with over 30 million requests being made to the DVLA for the name and address of vehicle owners so far. These requests allow private and public authorities to hand out fines and have resulted in drivers receiving a massive 62% increase in fines since 2020. Parking fines … [Read more...]
Carwow show best times to sell cars
New research shows that the first half of the year is the best time to sell a car, with data showing that sellers shifted their cars for a higher price than the initial valuation. This time of year also boasts a higher track record of vehicles sold. This contradicts the belief among many car owners that hotter months are often the best for selling … [Read more...]
Tradelines 15 May
Kia has sold its 1.5 millionth car in the UK this April, amid a record-breaking month for the brand. The landmark 1.5 millionth sale was a Kia EV6 ‘GT-Line S’ in Yacht Blue, sold at 9:35am on Tuesday 16 April at Norton Way GWR Kia in Brentford, London., some 33 years after Kia made its UK debut with the Pride. Average fleet parts prices have risen by more … [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...]
Used cars with hidden hit histories
UK drivers are at risk of making a huge mistake when buying used cars, as seven in 10 admit to not knowing what it means when a car has a category S or N insurance classification against it. This means the vehicle was ‘written off’ after being involved in an incident that resulted in an insurance claim. Being unable to identify these categories could mean … [Read more...]
Drivers are game for a Golf
A survey has crowned the Volkswagen Golf as the country’s favourite car from the noughties. One in 10 picked the Golf as the car they love the most from the decade, placing it above every other model on the list and it was closely followed by the MINI (7.4%) and the Ford Focus (5.3%). Car-changing marketplace Carwow asked car enthusiasts about … [Read more...]
Used car buyers skip vital checks
A recent study has revealed that many used car buyers skip vital checks before making a purchase. In fact, one in ten Brits admitted that they make no checks at all when buying a used car, leaving them unaware of any potential vehicle issues. The survey, conducted by online car-changing marketplace Carwow, uncovered just how common it is for used car … [Read more...]
Newslines 11 March
Controversial 20mph speed limit signs have been cut down in Carmarthenshire. The unauthorised removal of the signs which were part of a £35Million lower-speed limit programme by Welsh Government have been condemned by the local authority which put them up and said they now will be replaced at additional cost to services. It’s very concerning to see delays … [Read more...]
Poor reliability & higher costs drive change, says Carwow
Reliability and higher running costs are the top reasons for selling their motor according to a new survey by Carwow, the online car-changing marketplace. Nearly eight out of 10 respondents (78%) cited reliability as the biggest reason for changing their cars, while increased running costs (71%) came a close second on their list for choosing to … [Read more...]
