Jaguar will slash its dealer sites from about 80 today to under 20 within two years as it moves to an all-electric line up, sources have told Car Dealer magazine. The existing dealerships will have to consider selling only Land Rover models while the Jaguar range is developed but seen as taking much smaller role and the move will affect accountancy … [Read more...]
Premiums rising again after coasting
The average cost of insuring the ten most popular car models in the UK has increased by £100 year-on-year, according to comparethemarket.com. Drivers of one of the most popular cars typically paid £675 for their car insurance between March and May this year – up from £575 in the same three months in 2021. Driving has become increasingly unaffordable, as … [Read more...]
Borrowing to keep driving
As the cost of fuel increases, it is becoming tough for many drivers to stay on the road, said Alex Hasty, director at comparethemarket.com. “Our research shows high petrol and diesel prices are now forcing drivers to make fewer journeys, and some are needing to cut back on seeing friends and family. “More than eight in ten drivers are worried about the … [Read more...]
Premiums dip before expected rise this month
Insurance premiums hit a seven year low at the end of 2021. The average annual car insurance premium declined by £80 year-on-year in Q4 (September – November), according to the latest Premium Drivers research from comparethemarket.com. The average premium is now £640, compared to an average of £721 for the same three-month period in 2020. The decline in … [Read more...]
Newslines 9 November
Drivers missed out on £2.3million of savings by not renewing their photocard driving licence using DVLA’s online service, according to the DVLA. Between April 2020 and March 2021, around 23% of the two million renewal applications it received were sent in either by post or via the post office but renewing a photocard driving licence using GOV.UK costs £14 … [Read more...]
Insurance fraud & finding best premiums for youngsters
Go Compare insurance has found that almost a quarter of parents could be risking a trip to court and a criminal record for ‘fronting’ their child’s car insurance policy. ‘Fronting’ is when an older or more experienced driver - usually a parent - claims that they’re the main user of the car but it’s mostly driven by a young person, or other high-risk … [Read more...]
Newslines 26 January
Our buying habits are changing with hybrids now up over 304% in ten years through insurance searches says comparethemarket, followed by city cars and then electric models, which are just ahead of seven-seaters and SUVs. Steepest decline in buyers have been sports cars, mpvs, coupes, convertibles and pure 4WD models. Burgeoning demand for the fully electric … [Read more...]
EVs attracting company car drivers
Employees who have previously taken cash options are returning to company car schemes in “noticeable” numbers thanks to electric vehicles, reports Arval UK.Shaun Sadlier, head of consulting at Arval UK, said this was something that was predicted when the latest zero and low benefit-in-kind rates for EVs were unveiled in 2019, but is now becoming increasingly … [Read more...]
Learning to drive is breaking the bank for some
Cost is putting the brakes on learning to drive. A study by Comparethemarket shows almost a third (31%) saying the cost of lessons put them off from learning, and a further 31% of people say that they can’t afford to purchase a car or its running costs. Nearly a quarter (24%) of Brits have said they simply don’t want to drive, and the fear of getting … [Read more...]
Tolled roads warning from motoring bodies
British motorists are likely to be facing a new national tolled roads system. The scheme is being put forward again to offset losses from falling fuel duties and taxes, which accelerated during the lockdowns. They left a £40 Billion hole in Government finances and this week it's expected and reported by national media that the tolled roads system will be … [Read more...]
