The cost of running an electric car for a year is 47% cheaper than the cost of running a petrol car, according to comparethemarket.com. The figures show the average cost to run an electric vehicle for 12 months is £1,091 compared with £2,062 for a petrol vehicle – a difference of £971. The research analyses the cost of insurance, fuel, and road taxes. For … [Read more...]
Newslines 26 April
The new Fiat 500 electric model coming in a few weeks from £19,995 will self-regulate its battery use. Its range of up to 199 miles includes a monitoring system to cut down secondary power use and provide maximum range when it has about 30 miles left and it can be substantially recharged in 35 mins with a rapid box. The changing working arrangements mean … [Read more...]
Premiums dip to new low but expect rises
The average annual car insurance premium has dipped slightly to £602 in March 2021. This marginal decline from the previous month suggests the end of the big price falls and the average premium is still £110 cheaper than the same month last year. Dan Hutson, head of motor insurance, comparethemarket.com said,“The rapid fall in car insurance premiums, seen … [Read more...]
Newslines 2 April
Nine out of ten Cardiff drivers don't know when they must put on headlights and are risking accidents, prosecution and penalty points as well as invalidating insurance. A survey for Uswitch found only 9.62% of Welsh drivers knew they had to turn on headlights when visibility was under 100 metres as defined in the Highway Code. The average annual car … [Read more...]
Premiums fall for older cars
The average cost of insurance for older cars fell by £87 in 2020 as more drivers kept their existing cars rather than upgrading to a new model according to research from comparethemarket.com. Cars normally become more expensive to insure as they get older, however, the pandemic has caused a decline in premiums which has offset the usual increase. In 2020, … [Read more...]
Newslines 12 March
Nissan plans for a major expansion to renewable energy generation at its record-breaking plant in Sunderland. Complementing the plant’s existing wind turbines and solar farm, the proposed 20MW solar farm extension represents a further step in Nissan’s path to carbon neutrality and the 37,000-panel extension would result in 20% of the plant’s energy coming … [Read more...]
Newslines 22 February
Fred Rees Garages Haverfordwest has won the best customer experience award from Skoda UK. The family business was founded in 1925 and represented Skoda since 2001. Commuters to Cardiff have saved over £107M in fuel bills in the last 12 months of lockdowns, calculates GoCompare. Working from home by non-essential travellers has also seen savings in parking … [Read more...]
Permits and green card dilemma for UK drivers
British drivers are facing a dilemma taking their vehicle abroad in the New Year. The EU is holding back on its requirements for UK drivers' licences and insurance but it looks increasingly likely they will need international driving permits and the old style "Green Card". Both will need to be obtained in advance of crossing the Channel or they driver and … [Read more...]
Parents paying more to keep youngsters on the road
Nearly two thirds of (63%) drivers between the ages of 17-24 say they have relied on financial support from their parents to cover the cost of running a car in the last 12 months – receiving up to £750 a year – according to comparethemarket.com. The Tank of Mum and Dad Report highlights just how reliant young drivers are on their parents to help them pay … [Read more...]
Premiums rising again and young drivers’ risk
Motor premiums are rising again after months of decline in the wake of coronavirus travel limits. Dan Hutson, head of motor insurance, comparethemarket.com, said, “Car insurance premiums are on the rise and have increased by £16 to £714 in September, from August. “This follows four consecutive months of declining costs leading to premiums reaching the … [Read more...]
