Used car buyer confidence is at its lowest level for six months, says Startline Motor Finance. The percentage of motorists who are positive about the idea of buying a used car has fallen from 59% in August to 48% now, shows February’s Startline Used Car Tracker. Those who feel neutral about changing their car have increased from 34% to 43% over the last six months but those who are negative has … [Read more...]
Used car sales and EVs need UK economy boost, says poll
Almost two-thirds of dealers (62%) say an improved economy would provide the biggest boost for used car sales in 2025, new research indicates. January’s Startline Used Car Tracker also shows that 50% would like to see direct government support for used electric vehicle (EV) buyers, 48% an improvement in consumer confidence, and 38% a loosening of the Zero Emissions Vehicle Mandate targets. Also, … [Read more...]
Good deals drive sales but EV interest is low, reports Startline
Motorists say “a good deal” is the factor most likely to swing a used car in 2025, according to research. January’s Startline Used Car Tracker shows that almost half (48%) could be convinced to buy if presented with the right offer, but electric cars attract little attention. Other high scoring factors include the need to replace an existing car (46%), cheaper finance (39%), a wider choice of … [Read more...]
Dynamic pricing for EV charging?
Controversial dynamic pricing has been suggested for motorists to spread use and demand for power. Drivers would recharge at a lower cost when demand was light and pay more to boost when public points were busy. But more than half of motorists (54%) say it would be a bad idea to adopt dynamic pricing for public electric car chargers. Domestic charge points can already be used "off-peak" at night … [Read more...]
Golden oldies names valued, say trade
More than four out of 10 dealers believe that reviving old model names is good for car sales, according to research carried out following the launch of Ford’s new Capri. October’s new Startline Used Car Tracker shows that 32% think that bringing back the Capri (above and below) means that buyers will take a closer look at the new SUV EV that bears the name. However, 39% think that the Capri … [Read more...]
Credit for used EVs as sales stabilise
A decision to begin providing used electric car funding for the first time is a “vote of confidence” in the stability of the market, says Startline Motor Finance. The motor finance provider is now offering its full range of hire purchase and personal contract purchase plans for electric cars with rates and conditions identical to petrol and diesel models. Paul Burgess, CEO, said, “We’ve been … [Read more...]
Retail buyers need help to go electric, say dealers
Grants or loans to support the used electric vehicle market is the number one action dealers would like to see from the new Labour government to encourage private buyers to make the transition from petrol and diesel models. August’s Startline Used Car Tracker shows 56% of traders would back the move - followed by 50% who want cheaper electricity for EV drivers and 45% who want to see massively … [Read more...]
Call for independent certified EV health check
Almost nine out of 10 motorists say it is important to have an independent, certified used electric car assessment showing how well previous owners have looked after the vehicle’s battery. While 83% want to know how long the battery will take to fully charge, 82% also want verification on the amount of battery capacity that has been lost since new and 81% how much capacity it is likely to be lost … [Read more...]
Prioritise pothole problems, motorists call on Government
Almost all motorists (96%) say solving the potholes crisis should be the number one priority for the new Labour government, according to new research. August’s Startline Used Car Tracker also shows that 92% would like to see fairer fuel prices, 91% lower insurance costs, 85% better public transport and 81% more road building to ease congestion. There is also interest in electrification, with 79% … [Read more...]
On-line car sales have limited appeal, trade believes
Limited potential for online-only motor sales was the top reason for the recent collapse of Cazoo, say dealers. Research from July’s Startline Used Car Tracker shows half of dealers surveyed said this was a problem, followed by 37% who said investors overestimated efficiencies that could be accessed through technology, and 35% that they failed to recognise that existing dealers were already good … [Read more...]
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