Automotive data and valuation expert hpi has compiled a car market analysis for motorists who are faced with making the decision of whether to choose a petrol or diesel car. There is no right or wrong answer when choosing a petrol or diesel car. With so many variables across the whole vehicle sector ranging from the class of vehicle to driver usage having … [Read more...]
Newslines 29 August
The cost of running a car eats up 20% of a young driver’s annual take-home pay, according to analysis from Cuvva, the app-based pay-as-you-go car insurer. Excluding the actual purchase price of the vehicle, the total cost of running a car for a UK driver aged 17-22 is £2,861 a year, 19.9% of the annual take-home pay of £14,402 for someone in this age … [Read more...]
Cheapest EV cars to run announced by cap hpi
As interest in the electric vehicle sector continues to grow, the latest analysis from automotive data experts cap hpi looks at the total cost of ownership (TCO) to reveal the EV cars with the lowest motoring costs. The analysis looksed at used EVs for those motorists thinking of making a switch to an alternative fuel type from petrol or diesel. Once all … [Read more...]
Young are being priced off the road
With car insurance sky high and education and living costs increasing, research shows that over one in five under 25s (22%) cannot afford to learn to drive. Insurance is a further barrier. With the average cost of car insurance costing around £1400*, and rising to £3878 for a 17 to 20 year old driver, it’s no wonder that this demographic is struggling. … [Read more...]
