Over 350 vehicles a day are taken and a large number are never seen again, according to the latest ONS crime report. Government data shows that there were nearly 130,000 recorded vehicle theft crimes in the 12 months to March 2024, and many end up broken for parts or shipped abroad for resale. One region in Wales was in the top five favoured by thieves. Prestige brands are the main targets for … [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 are estimated to cost drivers £915 … [Read more...]
The legal and smart way to cut your motoring costs
There's a legal and smart way to cut your motoring costs at a keystroke and it's not an April Fool joke. Motoring experts at Scrap Car Comparison found the number of cars with a SORN in 2023 was up almost 5% on the same figures for 2022, with more than two million cars put under the notification between January and September last year. But could more drivers be taking advantage of SORNs to … [Read more...]
Newslines 25 March
Labour and Plaid Cymru politicians in the Senedd have voted to introduce toll charging on Welsh roads. The Infrastructure (Wales) Bill passed last week follows a decision to allow councils to introduce road congestion charging if they want at some point in the future but Welsh Conservatives secured amendments requiring the specific tolling and charging plans must be discussed by AMs before … [Read more...]
Young drivers hit by automatically bigger premiums
The cost of car insurance for young drivers has jumped by £644 on average in the past year, according to new Young Drivers research from Compare the Market. Car insurance premiums for motorists aged under 25 have reached £2,009 in January 2024, compared to £1,365 in the same month last year. Car insurance now represents 66% of the total car running costs for young drivers. Young drivers are … [Read more...]
Tamper-proof bolts deter car thieves, says loss adjuster
Specialist motor insurance loss adjuster, Claims Management & Adjusting has welcomed the new Association of British Insurers roadmap “to combat the rising costs of motor cover”, and recommended anti-theft number plate bolts as the best value solution. Philip Swift, a former detective, now Technical Director at CMA, said, “While we very much welcome the ABI’s new strategy to reduce premiums by … [Read more...]
Make your mark & understand what it means
In a week's time the new 24-plate will start appearing on vehicles, but over a third of people don’t even look at number plates when purchasing a car and 14% said they didn’t “have a clue” how many times a year UK registration plates are updated. Go.Compare has released a survey revealing mass confusion among drivers when it comes to a car’s number plates and their meanings. The research quizzed … [Read more...]
Turning the corner with an electric classic car
Since the government’s announcement to ban the sale of new petrol or diesel vehicles by 2035 and as more electric and hybrid cars start to roll off production lines, converting classic cars to electric powered motors is increasing. In fact, searches for ‘electric classic cars’ have increased by 40% in the past month as the rising popularity of converting classic cars to electric power goes … [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 value of around £3,264 – enough to fund … [Read more...]
Tradelines 20 December
We're hanging on to our cars for longer in the face of rising prices and reluctance to go electric, according to research by weekly motor magazine Autocar. It was told by the DVLA that 798,363 used cars met their maker this year and were scrapped for good led by the Focus, Astra and Corsa and was a vast drop in the numbers scrapped compared to 2022 when 857,107 vehicles were removed. Changes to … [Read more...]
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