A new study has revealed that sports cars retain more of their value than any other type of car when resold. According to the latest car valuation data looking at prices for cars after three years and 36,000 miles of use, sports cars boast an average retained value of 52.38% - more than any other vehicle type. The research comes from Auto Express, which analysed figures from used car market … [Read more...]
Newcomers from AC and Aston Martin
The stunning new AC Cobra GT Roadster has made its global premiere in London, before confirmed buyers and customers as the legendary sports car makes its sensational return. Available in left or right hand drive with up to 663ps, the 5.0V8 two seater soft-top will be limited to 250 models annually after four years of development and it’ll cost about £285,000. Aston Martin will unveil its new … [Read more...]
Maserati return to sports car racing
Maserati is back. The Autodromo Varano de’ Melegari was the setting for the track debut of the high-performance GT2, the car that epitomises the House of the Trident’s return to racing. The shakedown at the Parma circuit is the precursor to a series of events marking the run-up to the official unveiling of the car at the end of June in Belgium, at the 24 Hours of Spa. … [Read more...]
Roll up, roll up, for Combe Carnival Day
Carnival Race Day at Castle Combe means the spectacular TCR UK circus is back in town, guaranteeing scintillating 350bp turbo tin-top action to delight spectators and marshals alike. Isaac Smith (VW Golf) heads the table into rounds 10 and 11, but just six points separate closest challengers Max Hart (Hyundai i30), BTCC race winner Chris Smiley and defending champion Lewis Kent (Hyundai … [Read more...]
£50M orders for supercars in March by JBR Capital
Some £50M of pent-up demand for high performance vehicles is being unleashed onto the market, with leading finance provider JBR Capital experiencing record volumes of lending on models from Aston Martin, Ferrari, McLaren and Porsche in March. Porsche proved to be the most financed marque last month with the all-electric Taycan generating a large number of proposals as interest in electric … [Read more...]
Brits’ dreams take long time to realise, if at all
Brits won't own their dream car until they are 47 but it must be a black sports car - preferably an Audi or Aston Martin. A study of 2,000 drivers found many know what they want, but most will have to wait before making the dream a reality, owning more practical or affordable alternatives in the meantime. In their twenties, Brits are most likely to own a supermini or saloon car, … [Read more...]
£100M new model and plan for Lotus
Road and racing marque Lotus is investing £100M in a new model and production facility. A new series of sports cars is confirmed with prototype production of the Lotus Type 131 to commence this year in Hethel, Norfolk. It is likely to be the last powered by a conventional petrol engine before an ev-powertrain is developed. The new manufacturing investment is part of … [Read more...]
Motorists treating themselves after lockdown eases
The UK used car market woke up during May with motorists treating themselves to sports and luxury cars as they came out of the 10-week pandemic lockdown period according to the latest Market Watch insights report from Indicata.uk. Consumers seem intent on having some motoring fun with money saved from cancelled holidays and reduced family running costs being invested in a used luxury or sports … [Read more...]