When buying a new car, it’s always worth thinking about the potential resale value and how much it will depreciate over time. Some cars can prove to be very worthy investments, with their value increasing over time, while others may drop quickly in value as soon as they leave the forecourt. Elements such as age, condition, mileage and number of owners are … [Read more...]
Car makers want more EV incentives for private buyers
The UK new car market has recorded its best year since the pandemic as a strong December up 9.8%, wrapped up the 17th month of consecutive growth. Some 1.903 million new cars reached the road during 2023 – an increase of 17.9%, according to the latest figures from the Society of Motor Manufacturers and Traders. In Wales last year, registrations reached … [Read more...]
BEV charge is running down
The UK new car market grew by 9.5% in November to reach 156,525 units, according to the latest figures from the Society of Motor Manufacturers and Traders, but there's a slowdown in EV interest among private buyers. In the market’s best November for four years, registrations almost returned to pre-pandemic levels, down just 96 units (-0.1%) on … [Read more...]
Buying into greener habits, maybe a model attraction
Britain's best eco-warriors on the roads have been revealed in a survey for Auto Trader, and there are a few surprises. Their survey has also shown up the least green owners. Top 5 Drivers With The Best Eco-habits Lexus Drivers: Lexus drivers are crowned the drivers with the best eco-habits, thanks to their pioneering behavior in reducing road congestion … [Read more...]
KIA is king but Stellantis is hopeless, say traders
Kia is the best and Stellantis the worst brands to be selling, say car dealers. The NFDA Dealer Attitude Survey was conducted last month and asked franchised dealers questions about the on-going business relationship with their respective manufacturers. It brought 2,531 responses from 32 franchised networks, equating to a joint record response rate of 68%. … [Read more...]
Families turn backs on electric cars
The UK new car market grew 21.0% in September with 272,610 registrations in the month, according to the Society of Motor Manufacturers and Traders. The 14th consecutive month of growth was also the second busiest of the year after March, with the new number plate delivering its traditional market surge despite a challenging economic backdrop. Growth … [Read more...]
Welsh new car sales leap over 26%
The new car market grew 24.4% in August with 85,657 new vehicles registered, according to the latest figures from the Society of Motor Manufacturers and Traders. While August is typically a quieter month with many buyers choosing to wait until the September numberplate change, an increase of 16,799 units means the sector is now entering a second year of … [Read more...]
Wales car sales soar by nearly a quarter in July
New car registrations in Wales shot up 23.8% despite the atrocious July weather, according to the Society of Motor Manufacturers and Traders. It was the same rise as in Northern Ireland but slightly trailed the growth in England of 29.5% and was ahead of Scotland’s 21.6%. New car sales in Wales reached 4,955 registrations last month and the UK totalled … [Read more...]
Stock funding key in troubled times
Data released by V12 Vehicle Finance shows the fastest-selling models to assist dealers with the acquisitions they make using stock funding. Over the last six months, the following manufacturers have stood out for stock being sold within the first 30 days of funding. Top 10 manufacturers on stocking plan less than 30 days Jaguar – 45% of volume sold … [Read more...]
Range Rover is UK’s most polluting vehicle
Britain’s most polluting and cleanest cars have been revealed. But they are nowhere near as dirty as those on American roads. In the USA, the Jeep Grand Cherokee Trackhawk 6.2V8 Supercharged 4x4 emits 3,319kg of CO2 annually, closely followed by the Ford F-150 Raptor and Mercedes-Benz G-Class G 63AMG. In Britain, the Range Rover Sport 3.0 HSE DV6 pushes … [Read more...]
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