Used car valuations experts HPI analysed hundreds of thousands of used car adverts to create a tool that reveals how long it takes to sell a particular model in a local area. The data covers no fewer than 100 towns and cities around the UK and 551 car makes and models. From Truro to Aberdeen and Belfast to Norwich, if you want to know what the five most … [Read more...]
Big Data helps pick future classics
Used car buyers with a keen eye for an investment could benefit from a new online tool that reveals the cars that are appreciating and could become collectors’ items and there are a few surprises. ‘Future classics’ created by automotive data and valuations expert HPI is an online site that allows users to find out which cars are likely to appreciate in … [Read more...]
Watch scheme saves £500M cars over time
More than £1/2 billion worth of uninsured UK vehicles have been saved from potentially being crushed in the last decade including Lamborghinis, Ferraris, Bentleys and Aston Martins. Vehicles including supercars and high-value cars to the tune of £543,712,611 that had been confiscated from uninsured drivers were among those saved from being scrapped, … [Read more...]
Reduce the risk of buying a stolen car
Earlier in the year it was widely reported that UK car thefts were on the rise, which is a cause for concern. This makes buying a used car a risky business. Those who are looking to a grab a bargain with a car made by a German manufacturer may have even more need to be vigilant when looking to buy a second-hand vehicle. With car thefts being a growing … [Read more...]
Tradelines 18 July
Eight years after it created the compact crossover segment, the one millionth Juke has rolled off the line at Nissan Sunderland Plant. On average, a Juke is built at the plant every 105 seconds, while three million Qashqai have been built there since 2006. Ford in America will pay the equivalent of over £226M to settle a civil actions arising from … [Read more...]
Britain’s top ten car ads
Automotive expert HPI has revealed the top ten list of TV car adverts following a poll amongst its team of motoring editors and analysts. Derren Martin, head of current valuations at HPI, said, “Over the years we’ve seen some outstanding, memorable car adverts ranging from the epic and Hollywood blockbuster-esque to the more subtle and … [Read more...]
Newslines 18 May
Thousands of motorists could be forced into paying fines for traffic offences they didn’t commit due to a clause enforced by Transport for London for cross-hatch yellow box offences. TfL is using a loophole created by the 2003 decriminalisation of the Transport for London Road Network to chase owners of vehicles, rather than their drivers, for payment of … [Read more...]
Best cars for retaining value, from the expert
The minute you drive your new car out of the dealership, its value dramatically drops - but there are some models that will hold their worth far better than others. If you're thinking of buying a new car for the April 18-plate, you should consider that Automotive data experts cap hpi has compiled this list of depreciation busting cars – vehicles that … [Read more...]
Ignis, Kuga and 3008 are top SUVs, say analysts
As Rolls-Royce and Ferrari announce plans for an SUV, the used car experts at data company hpi have crunched the numbers to pick some more affordable ways to put one on your drive. While the Ford Fiesta was the biggest seller of 2017, the SUV segment was the only one to grow overall. The hugely popular vehicles blend practicality with an appealing on the … [Read more...]
Used EVs now appreciating due to shortages
As sales in the electric vehicle sector continue to surge, analysis from automotive data experts hpi shows that savvy motorists could already be making a profit on a vehicle they bought just 12 months ago. A combination of factors including the rollout of clean air zones, cheaper running costs, increased charging points, incentives to drive and wider … [Read more...]
