Almost three out of four motorists (73%) are worried about car insurance costs rising in 2024, reveals latest research. The January Startline Used Car Tracker also shows that 67% are concerned about rising petrol and diesel prices and 34% about the cost of servicing. Additionally, there is apprehension about not just the cost of running an … [Read more...]
Used EV prices expected to fall in short term
Nearly half of dealers (46%) think the values and prices of electric vehicles (EVs) will fall following the government’s move to push-back the electrification deadline to 2035, as consumers take more time to make the switch. November’s new Startline Used Car Tracker also shows that 44% believe a corresponding rise in petrol and diesel prices and values … [Read more...]
Agency selling model worries more dealers
Dealer worries over the growth of agency agreements have doubled in the last month, according to October’s Startline Used Car Tracker. The factor was named as a future challenge to their business by just 22% of used car retailers in September but has jumped to 42% this month. Paul Burgess, CEO at Startline Motor Finance, said, “For most of this … [Read more...]
Motorists expect higher costs in 2024
Motorists expect the cost of running their car to continue to rise across all major areas of spending in 2024, new research shows. October’s new Startline Used Car Tracker shows that 70% think congestion zone charges will rise and the same percentage expect service and maintenance to increase. Other costs expected to go up include motor insurance (67%), … [Read more...]
Used market uplift expected in 2024
More than half of dealers (55%) expect 2024’s used car market to be better than this year’s, suggests new research. September’s Startline Used Car Tracker shows that 45% also believe there will be better stock supply and 43% that demand for electric vehicles (EVs) will increase. However, just 25% expect there to be an improvement in consumer … [Read more...]
Dealers fears for future of motor trade spelled out
The arrival of the agency model and availability of motor finance are emerging as growing worries for used car dealers, shows August’s Startline Used Car Tracker. When asked about the biggest challenges facing them for the future, the agency model was mentioned by 27% of respondents, the highest monthly figure recorded since this factor was added to the … [Read more...]
Brimming your tank is past it
Almost one in five motorist, around 18%, are no longer “brimming” their tank when they fill up with fuel due to rising mortgage and rent costs. The impact of high housing expenditure on personal finances also means 12% have stopped using their car altogether while 10% want to swap their current model for one that costs less to run - and 5% may have to sell … [Read more...]
EV toll-tax opposed to encourage greener motoring
More than half of motorists are against a new proposal to make electric vehicle drivers pay six pence per mile to counter a tax shortfall compared to petrol and diesel cars. July’s Startline Used Car Tracker shows 55% believe such a move would not be fair while 40% say that EV tax should be kept low by the government in order to encourage take-up. Also, 22% … [Read more...]
Tiredness tests backed by majority of drivers
Around 84% of UK motorists would back the introduction of new “tiredness tests”, similar to existing roadside drink and drug checks. June’s Startline Used Car Tracker research shows 35% agree that fatigue is an important road safety issue with 10% admitting to having almost fallen asleep at the wheel and 63% saying that they have driven following little … [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...]
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