GoCompare car insurance data shows Electric Vehicles are now cheaper to insure than petrol or diesel cars.The average cost of insuring an electric car in July 2021 was £484, compared with £489 for a petrol vehicle and £534 for a diesel car.The average cost of insuring electric vehicles has also seen a steady decrease since 2019 – with a £65 drop in average costs from the first six months … [Read more...]
RAC underwrite used evs and hybrids
A new warranty for used electric and hybrid cars is launched today by the RAC. The RAC Electric Vehicle warranty will be supplied exclusively through the 1,300-strong RAC Dealer Network and can be applied to any used electric or hybrid car up to a maximum of eight years old and with 80,000 miles on the clock at the time of purchase. Cover is available for a variety of periods up to 24 months and … [Read more...]
Learners are getting older, survey suggests
As driving lessons and tests return, new figures from a car insurance comparison website show almost a third of all learner drivers are over 30 years of age. Quotezone.co.uk data also reveals that many motorists spend longer as learner drivers than might be expected, with almost a third (32.2%) holding a provisional licence for more than a decade. While the general picture of learners being … [Read more...]
Tradelines 17 March
RAC insurance is launching a pay-per-mile policy in response to the dramatically lower distances being covered at the moment.The scheme is aimed at those who cover under 6,000 miles annually and if they find circumstances change they can leave the on-line and mobile phone policy scheme. Stellantis announced a partnership with Kiri Technologies to reward drivers of the New 500. The basic … [Read more...]
Newslines 1 March
Welsh Government is allocating a further £18.6M to underwrite public transport over the next six months. Details will be given in the Welsh Budget tomorrow. The cost of running a car for young drivers has fallen by £296 year-on-year, primarily driven by decreases in fuel and insurance costs, according to comparethemarket.com’s study. On average, a 17 to 24-year-old driver will now pay £2,074 to … [Read more...]
Car-iad wheels success over St Valentine’s partners
Many drivers would rather spend time with their car than cwtch a partner this St Valentine's Day. InsuretheGap, a provider of Guaranteed Asset Protection insurance, found over one in seven (16%) admit they would rather spend Valentine’s Day with their car than their partner, and almost one in 10 (9%) confess to loving their car more than their partner. In fact, 43% describe their car as … [Read more...]
Lockdown plans need checking
Drivers should ensure they are covered for the lockdown. Lee Griffin, CEO and one of the founders of GoCompare, said, "The pandemic is continuing to have a major impact on our day-to-day lives, including our driving habits. “To stay safe and avoid penalties, it’s important that drivers keep abreast of lockdown rules regarding car use and driving according to the rules of the road. “Temporary … [Read more...]
AA moves into private car leasing
The AA is launching into the mobility market, beginning with existing members. Drivers can get on the road with a new inclusive personal car lease product in partnership with LeasePlan UK. Smart Lease offers unmatched transparency and certainty, allowing drivers to see the total cost of driving a vehicle over the course of the agreement. As long as the customer meets certain qualifying criteria … [Read more...]
Learning to drive is breaking the bank for some
Cost is putting the brakes on learning to drive. A study by Comparethemarket shows almost a third (31%) saying the cost of lessons put them off from learning, and a further 31% of people say that they can’t afford to purchase a car or its running costs. Nearly a quarter (24%) of Brits have said they simply don’t want to drive, and the fear of getting behind the wheel was another determining … [Read more...]
Drivers delay servicing but risk fines
Nearly half of UK drivers have put off servicing or essential car maintenance across 2020, according to a new study from money.co.uk.The study from the financial comparison service found that 48% of drivers had delayed repairs or services for their vehicle across the coronavirus pandemic, as average mileage has plummeted, and MOT’s have been deferred.The survey of motorists … [Read more...]
