A leasing company has analysed a popular online car marketplace and compared the prices of the UK’s most popular used cars against the number of miles the car had done to uncover the average depreciation cost per mile our cars drive. The average price an petrol or diesel car depreciates is 67ppm or by £4,669.90 a year compared with an evs cost of 55ppm and … [Read more...]
Hybrids high on buyers’ search lists but shortages found
Insights into the minds of motorists have been revealed by contrasting what visitors to an online used car supermarket look for – and what they end up buying. Analysis of up to one million searches per month on BuyaCar.co.uk reveals that hybrid models are now the only type of car showing consistently increasing interest across every one of Britain’s 10 … [Read more...]
Call for clarity on new BIK tax until 2030
New company car benefit-in-kind tax tables should be provided up to 2030 if the Government adopts this date as its new electrification target, says the Association of Fleet Professionals. The industry body said it had been widely reported that an announcement would be made during November to halt sales of internal combustion engined vehicles by the end of … [Read more...]
Breakdown attitudes to evs revealed
Following the government’s pledge to ban the sale of petrol and diesel cars by 2035, research by Green Flag revealed what Brits are most looking forward to about going electric and what we will miss the most about petrol cars. Although the government’s deadline to switch to electric isn’t until 2035, research has revealed that on average, Brits anticipate … [Read more...]
World’s car sales stall but EVs silently move on
New car registrations in Europe faced a steady decline in April. Volume fell from 1.34 million units in April 2019 to 292,600 vehicles in April 2020. This represents the lowest monthly level since the 1970’s, and the worst result among the big three markets – China, USA-Canada, and Europe. Europe’s sharp decrease was only outperformed by India (-100%). … [Read more...]
