It’s no secret that an electric vehicle comes with a larger up-front cost than a regular car but the long-term savings you make mean that an electric vehicle is a more cost-effective purchase, said Chris Adams, Operations Director at Brindley Group. What’s more, you can increase these savings with the help of a few handy tips too, added the car … [Read more...]
Warnings on motoring costs and insurance pitfalls
IAM RoadSmart, the UK’s leading road safety charity, has launched the eighth edition of its annual Driving Safety Culture report, with its key objective to reveal the biggest issues impacting motorists on the roads. The annual report, which has studied UK motorists’ driving safety attitudes and behaviours since 2015, has highlighted the biggest worries for … [Read more...]
Testing time runs out for MoT change view
A split is developing over the Government’s proposal to extend the first MoT Test from three to four years. Consultation on the proposal ends tomorrow night. The Independent Garage Association (IGA) has responded to the Department for Transport’s (DfT) consultation proposing changes to the MOT frequency and other MOT enhancements. Stuart James, IGA Chief … [Read more...]
Choosing wisely to keep down car costs
With petrol prices hitting record highs, driving is becoming a luxury Brits can no longer afford. The choice of car may be the reason for your higher monthly expenses. Fortunately, CarMats.co.uk has utilised its nationwide sales data to find out the 30 most popular UK cars and their costs to run. In first place for cheapest running costs was the Audi A1, … [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...]
New electric cars will be more affordable to run
Electric cars are revealed to be the most affordable cars for 2023 says the on-line Manual Directory. The popular manual website analysed fuel, car tax and emission zone charges of over 80 cars launching in 2023 to discover the most affordable cars to run. Although electricity prices have risen, the savings on car tax and emission zone charges support … [Read more...]
Newslines 23 August
Octopus Energy Group and National Grid ESO have announced the first successful integration of vehicle-to-grid technology, using a test environment of the Balancing Mechanism, the primary tool used by National Grid ESO to balance Great Britain’s electricity system in real-time. This is the first time that vehicle-to-grid technology has been demonstrated in … [Read more...]
Bigger savings emerging with electric cars
The annual running cost of an electric vehicle is now £579 cheaper on average than a petrol-fuelled car, according to the latest research from comparethemarket.com. This saving in cost has increased from 2021 when EVs were just over £400 cheaper to run. The research, which analyses the price of insurance, fuel, and road taxes, shows that the average annual … [Read more...]
EVs beyond reach for 1-in-5 motorists
Almost 20% of the UK cannot afford even the cheapest electric vehicle through finance. The study by car insurance experts CarInsurance.ae used ONS survey data to compare the average monthly income in each area with the estimated cost per month of financing a new electric car. The study based the figures on the 20/4/10 rule for financing a car, which … [Read more...]
Motorists reconsidering ev options for new cars
The latest survey of 300 UK motorists by Venson Automotive Solutions revealed that the anticipated 54% rise in electricity and gas bills next month is impacting car buyers’ decisions on switching to electric vehicles. Although electrified vehicles accounted for more than a third of all new cars leaving dealerships in February, Venson’s survey showed that a … [Read more...]
