New data compiled by epyx has shown the increased level of contract extensions made on company cars and vans during the coronavirus crisis. Looking at transactions through its 1link Service Network service, maintenance and repair (SMR) platform, used by fleets operating four million vehicles, it has produced a comparison for April-August 2020 – the height … [Read more...]
Premiums and write-offs lower in Wales
Insurance premiums in Wales have dipped by about 5% over the last 12 months, as a report shows fewer cars are written off in Wales after accidents. The change was less over the summer at approximately 3% compared to the summer of 2019, according to figures from Comparethemarket. In Wales this year, the average premium is £572.33p and the UK figure is … [Read more...]
Auto-renew at your own peril
With the September peak of car insurance renewals, GoCompare is warning about letting a policy auto-renew without checking for a better deal. One in five motorists allowed their insurer to auto-renew their policy without seeing if they could get the same cover for less money compared with 15% in February 2020. Number of drivers auto-renewing is worth £6.7 … [Read more...]
Easy on the evs as more look at trials
A try before you buy scheme for electric vehicles could be what’s needed to dispel the lingering concerns surrounding the technology, finds a new study. A survey of 2,025 UK drivers conducted by Auto Trader reveals that 70% of UK motorists would be interested in leasing an electric vehicle for a 2 to 3 year prolonged test-drive, getting to grips with the … [Read more...]
Classics become contemporary as sales boom
Owning, restoring and driving a classic car is a common dream, but it requires significant investment at every stage – in both time and money. Such desirable, high-value vehicles are inevitably also a common target for professional thieves meeting demand for vintage cars and their parts in the UK and across Europe. Stolen vehicle recovery (SVR) expert, … [Read more...]
Best and worst used cars to buy
Warrantywise has revealed the top 10 most and least reliable used car brands and models. With data compiled from over 131,000 active extended car warranty plans, the UK’s leading extended car warranty provider's Reliability Index ranks every car on a combination of factors that include the frequency of repairs and the cost to carry out those repairs. Honda … [Read more...]
Counting the costs of Coronavirus
The coronavirus lockdown has left many households living on significantly reduced incomes. As a result, millions of drivers are struggling to meet the cost of running their car, while a significant minority (4% = 1.3 million) say they will be forced to sell their vehicle. GoCompare Car Insurance is offering practical, actionable advice to drivers … [Read more...]
Newslines 24 February
Compare the Market analysed the monthly fluctuations in the cost of motor insurance over the last seven years and found that prices are lowest at the start of the year before steadily rising and spiking in December. The data found that the average premium for car insurance was the cheapest in February at £629, compared to £666 for the rest of the … [Read more...]
Newslines 3 February
Automobili Lamborghini and The LEGO Group announce the new partnership introducing the first ever Lamborghini super sports car by LEGO Technic, the building system that allows older kids and adults to create more advanced, complex models. The new series will launch this summer. Production of the three-year-old Mercedes-Benz X-class pickup is ending in … [Read more...]
Car makers rising concerns over Brexit
European Union car-makers have joined forces to warn of billions of euros in losses in the event of a no-deal Brexit. Groups including the European Automobile Manufacturers’ Association, the European Association of Automotive Suppliers and 17 national bodies warned of the impact of “no-deal” and the effect on 13.8 million people in the European Union … [Read more...]
