Fairer petrol and diesel pricing (68%) and fewer potholes (66%) are the two areas where motorists most want to see action from 2024’s new government, according to the latest research. Also, 45% would like to see moves made to reduce insurance premiums and 32% want to see traffic congestion tackled, shows March’s new monthly Used Car Tracker from Startline Motor Finance. Paul Burgess, CEO at … [Read more...]
Insurance costs hitting used cars’ stock
More than three out of four (77%) dealers say that rapidly rising insurance costs mean that some cars have become difficult to sell. Startline’s December Used Car Tracker also reports that half (50%) think that some cars have become effectively uninsurable, so are probably unsellable. The research also reports that 23% think that it has become well-known among both trade and consumers that … [Read more...]
EV batteries’ life expectency misunderstood
More than half of consumers “hugely overestimate” the time it takes for used electric car batteries to lose range, according to April’s Startline Used Car Tracker. Asked to estimate typical range loss after five years, 56% said they expected the fall to be 30% or more. In fact, research shows the real world result is likely to be less than half this figure. The average degradation for … [Read more...]
Newslines 9 September
The BMW Group will launch its first vehicles featuring completely vegan interiors in 2023. This is being made possible primarily through the development of innovative materials with leather-like properties for steering wheel surfaces, which must fulfil demanding criteria when it comes to feel, premium appearance and wear resistance. October’s fuel cap price increase – if implemented - would … [Read more...]