It's coming up to the new number plate change and thousands of second hand models will be flooding the market, so specialist insurance broker ChoiceQuate has been looking at what buyers research most on-line, and the results may surprise you. Specialist insurance broker ChoiceQuote, has analysed search data to uncover the most asked questions on Google related to buying cars and car … [Read more...]
Ten things you need to know about personal leasing
Navigating personal leasing can be overwhelming, especially with many online quotations and deals available. To ensure you get the best deal, it's essential to understand the basics of leasing and tailoring the various elements to fit your needs. With over 30 years of experience helping leasing customers source the right new cars in the UK, LeasePlan UK’s vehicle and leasing experts have … [Read more...]
Banking on a better buy
As motorists grapple with rising costs we look at the pros and cons of acquiring a car in today's market-place and the possible best way for you. If you pay for your car with a loan, it means you own the car outright from the point of purchase and can be much more cost effective. With a car on finance, you don’t own the vehicle while you are making payments. There are different forms of car … [Read more...]
Annual average car costs rise by £1,000
Annual average car costs have risen by almost £1,000 – an increase of around 20% – since the start of 2022. November’s Startline Used Car Tracker research suggests motorists' annual spending on fuel, insurance, servicing and car finance had risen by £80 a month. The biggest single increase was seen in fuel at £37 per month but insurance and motor car finance both rose by around £20 per … [Read more...]
Bumping in the trade under HMRC watch
HMRC has identified an increasing risk of an error in the VAT returns for certain Franchised Dealerships, described as “Bumping”. HMRC are sending letters to some motor retailers that they believe are at risk from ‘Bumping’. Bumping is where there is a discrepancy between a vehicle sales invoice on the DMS system and the finance proposal one, which can lead to the underpayment of output VAT on … [Read more...]
Tradelines 6 July
Following the overwhelming success of its award-winning all-electric urban EV, Honda has unveiled a new Honda e Limited Edition, offering unique exterior styling for enhanced stand-out individuality. On sale from £38,120.00 OTR, the Honda e Limited Edition is based on the Advance Grade and is available for the first time in Premium Crystal Red paint with a host of contrasting black accents while … [Read more...]
Consumer Credit Act Changes proposed
NFDA welcomes Government’s commitment to modernise consumer credit laws, which will make motor finance more accessible for consumers, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. Last week, the Government announced its commitment to reform the 1974 Consumer Credit Act, which includes car finance regulations for hire purchases and PCP agreements. The … [Read more...]
25% drivers admit to never cleaning a car
One -in - four people never clean their car, they told researchers Eben Lovatt, CEO of Moneyshake, which paid for the poll, said, “We decided to look at simple ways you can clean your car for less time and money by using household products already in your cupboards such as toothpaste and vinegar.” Use vinegar and water instead of window cleaner Rather than splash out on expensive … [Read more...]
Tips for buying a used car this September
We’ve seen a lot of changes over the past few months and one that stands out is the increase in motorists opting for a used car rather than fork out on an expensive newer model. With the Government continuing to discourage commuters using public transport as a result of the Coronavirus, car repair and service comparison site www.Autoadvisor.co.uk looked at how more people are purchasing – and … [Read more...]
Newslines 7 July
Over 350,000 homes will be fitted with electric vehicle chargers by 2025 as plug-in car uptake surges, according to electric vehicle charging scale-up Andersen. By 2025, an expected one million electric vehicles will be registered on UK roads bringing with it a spike in the number of home chargers and Andersen is selling them from under £1,000 with a typical installation of a 7KW unit costing … [Read more...]