Used car buyer sentiment is at a 12-month high, according to new research. The new Startline Used Car Tracker shows a net 57% are positive about the idea of buying a used car this month – the highest figure since 53% in August 2024. Paul Burgess, CEO at Startline Motor Finance, said, “This is good news. While the used car market has been relatively buoyant … [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 … [Read more...]