A round of dramatic price cuts by Chinese manufacturers in their domestic market last weekend has raised the possibility of a similar strategy being adopted in the UK, says FleetCheck. The Financial Times is reporting that BYD has “fired a new salvo in a prolonged price war” by reducing prices of 20 different models by up to 34% with other manufacturers … [Read more...]
Sellers say what sours deals
New research has revealed the most commonly experienced issues drivers face when trying to sell their car privately, with hagglers being named as the most frequent hindrance. Just over a quarter (28%) of sellers said they have encountered unreasonably low offers and haggling from buyers, making it the most common problem in the poll. The findings come … [Read more...]
Newslines 17 June
Parents in the UK are spending over £2,400 every year, or £46.15 a week, driving their children to different activities such as parties and hobbies, according to Zuto Finance. The daily school run accounts for the highest percentage of expense and fifth are taking their children over 150 miles a month. South Wales based Veezu, the UK’s fastest growing taxi … [Read more...]
Car trade is idling on lockdown road
Car buyers and sellers will be operating in a new world and new order when they are again allowed to go out and into showrooms as early as monday 1 June in England but at dates to be decided in Wales, Scotland and Northern Ireland, writes Robin Roberts. One of the biggest changes in doing business post-Covid-19 will be seen in Suzuki dealerships where the … [Read more...]
Beware of “bargains” as sales slow and prices drop
Holidays are over and forecourts are full of pre-owned cars which have been traded in to get the latest “67” plate. For lots of us, now is the time we think about trading up to a newer model, says Tim Shallcross, IAM RoadSmart head of technical policy. However, today’s high-tech cars can be concealing wallet-crunching problems unknown on previous … [Read more...]
