A new study by on-line marketplace Carwow has found how mileage severely impacts the value of used cars. The study reveals car valuations can drop by a staggering 27% once they tip over the 60,000-mile mark. As a result, owners looking to sell are now being advised to do so before their vehicle hits this 60k mileage milestone, typically when a new car's … [Read more...]
£11.2 billion tied up in unused cars
UK drivers could be sitting on a staggering £11.2 billion tied up in unused cars, a new study estimates. That’s the equivalent of a festive turkey feast for almost 439 million households or 17 million fully funded Christmases. There are now over three million cars with a SORN (Statutory Off Road Notification) declaration in the UK with a potential average … [Read more...]
Beauties to behold even after 2,500 years
A mathematical ratio dating back 2,500 years has been used to analyse the aesthetics of performance cars over the last 70 years. The study conducted by carwow analysed the proportions of 197 of the world’s most powerful cars and then compared them to ‘the golden ratio’ – a mathematic measure for perfect proportions. The top 10 is dominated by … [Read more...]
Be careful what you wish for this Christmas
With Christmas coming, be careful what gifts you ask for in the way of car accessories. From modified exhausts to dodgy decals, research by carwow has revealed the most hated car modifications amongst drivers and which can decrease the value of a car the most. Besides possible safety issues and the potential to invalidate your insurance, wheels modified in … [Read more...]
Bassetts SsangYong wins customer award
One of Wales’ oldest family dealerships has won a new award. Bassetts SsangYong has won the marque’s customer Experience Award for selling and leasing. This month sees the launch of carwow’s Retailer Awards showcasing the best performing carwow retailers and leasing partners of 2020. Bassetts SsangYong has been named the winner of the SsangYong Customer … [Read more...]
Motorists want to buy from stock not wait – survey
Analysis of website carwow visitor trends between 17 and 25 March reveals that car buyers are increasingly considering in-stock vehicles, as concerns over new car availability and delivery times sway consumer purchase decisions. A survey of 440 motorists conducted a week ago revealed that 80% of buyers would prefer to buy a new car available immediately … [Read more...]
