Ahead of the summer driving season, new data from MoneySuperMarket reveals that the price of car insurance for new drivers has surged by 31% since 2021. In 2025, the average annual premiums for a driver with a newly acquired license (under two years) come in at £1,640, compared to £1,131 in 2021. MoneySuperMarket’s latest report reveals that the average … [Read more...]
Stock funding key in troubled times
Data released by V12 Vehicle Finance shows the fastest-selling models to assist dealers with the acquisitions they make using stock funding. Over the last six months, the following manufacturers have stood out for stock being sold within the first 30 days of funding. Top 10 manufacturers on stocking plan less than 30 days Jaguar – 45% of volume sold … [Read more...]
End of the road for some familiar cars, say Vehicle Contracts
Motor leasing company Vehicle Contracts has conducted in-depth research to find out which car models are expected to disappear completely from UK roads in the next decade and there are a few surprises. The Rover 25, the update of the Rover 200 Series, could be gone from the UK by mid-2023. This iconic car which was created by Rover was a staple in … [Read more...]
Three brands dominate UK insurance
Three car brands continue to dominate the ranking of most popular cars in the UK. Ford, Vauxhall and Volkswagen account for the top six most popular cars, representing almost a quarter of all enquiries on comparethemarket.com. The Ford Fiesta leads the way with 6.1% of enquiries followed by the Vauxhall Corsa and the Ford Focus with 5.4% and 3.8% … [Read more...]
Putting a price on passion
Surveying the British public, Compare the Market has set up a fun interactive tool to measure how much you'd have to sacrifice to afford your dream car whether that's a Ferrari 488 GTB, Tesla Model S or Mini Hatchback. It looks at three types of automotive classes of Supercars, Luxury, and Popular Models. For car enthusiasts, a car is much more than a … [Read more...]