The average cost of driving for young motorists, aged under 25, has fallen by £678 in the past year, according to the latest Young Drivers research from Compare the Market. The decline in the cost of driving is mainly due to a drop in the average car insurance premium which decreased to £1,437 in March 2025, compared to £2,077 in the same month last … [Read more...]
Wales is top for motor bike sales in UK
New analysis of Department for Transport and Driver and Vehicle Licensing Agency data has found that motorbike numbers have increased by 10.51% since 2015. It also revealed the regions that have seen the largest jump in figures, highlighting where the two-wheelers are seeing the biggest boom in popularity. The second quarter of 2024 saw more than 1.4 … [Read more...]
Insurance costs hitting used cars’ stock
More than three out of four (77%) dealers say that rapidly rising insurance costs mean that some cars have become difficult to sell. Startline’s December Used Car Tracker also reports that half (50%) think that some cars have become effectively uninsurable, so are probably unsellable. The research also reports that 23% think that it has become well-known … [Read more...]
Cost of getting on the road has fallen
A new report from Go.Compare Car Insurance has revealed that the cost of getting on the road in 2023, including the cost of a first car, has fallen to £5,947.40 from £6,574 in 2022. The comparison site has researched these costs as it celebrates its own 17th birthday – an age where many of us would be looking at taking to the roads. This is the first … [Read more...]
Running costs drive motorists’ buying decisions, says Startline
The effect of rising living costs on which used cars are chosen by consumers has grown strongly in the last six months, according to September’s Startline Used Car Tracker. Running costs are the most important factor now named by 74% of motorists compared to 62% in April, followed by the cost of living, which is now at 65% against 61% over the same period. … [Read more...]
Seven ways to slash car insurance
The fastest rise in the cost of living for a decade is going to put more pressure on hard-pressed families this year, so saving money on day-to-day expenses is all the more important. Fortunately, when it comes to motoring insurance there are straightforward ways to keep costs down. Car insurance comparison website Quotezone.co.uk offers some handy tips to … [Read more...]
Tradelines 3 November
The average prices of both petrol and diesel hit new record highs in October after rising by nearly 7.5p and 8p respectively – with the price of unleaded rising faster than in any month since 2000, reports RAC Fuel Watch. On Sunday 24 October petrol exceeded the 142.48p a litre all-time peak set on 16 April 2012 by reaching 142.94p, then the price has … [Read more...]
Over £12M fines for Welsh speeders last year
More than 121,000 motorists were caught speeding in Wales last year, despite the ‘stay at home’ order. That’s according to new Freedom of Information data obtained by Confused.com, which suggests drivers in the region collectively paid out at least £12 million in fines for speeding last year, based on the minimum fine a driver must being £100. According to … [Read more...]
Steep rise in compulsory excess on motor policies
Research from GoCompare reveals that since 2012, the average cost of compulsory car insurance excesses has risen well above the rate of inflation. Depending on their policy, drivers can now face compulsory excesses for a fire, theft or accidental damage claim of up to £3,000, compared with a maximum of £475 in 2012. Average excesses for accidental damage … [Read more...]
Black boxes putting the brake on cheaper insurance
A data-dilema is putting the brakes on sales of motor insurance linked to telematics. One of the main obstacles to telematics uptake is that many drivers (56%) are not comfortable sharing personalised driving data with providers, as they might be nervous of being badged a bad driver. Of those who have not purchased a telematics policy, nearly one in … [Read more...]
