The excessive margins being taken on fuel by the UK’s four big supermarkets have been further called into question as the RAC discovered membership-only retailer Costco has reacted to the falling wholesale market by cutting its petrol by 8p a litre to 147.7p– 12p less than the average price of a litre bought at a supermarket and 14p lower than the UK average.
The RAC – which earlier this week called on Asda, Morrisons, Sainsbury’s and Tesco to slash their prices in response to steadily falling wholesale costs – believes the move by Costco powerfully demonstrates how overpriced fuel is elsewhere.
Used electric car prices are falling spiked by energy hikes and charging costs.
Car Dealer on-line said this area of the market has been particularly impacted by the cost of living crisis and the rising cost of electricity and prices have slipped more than petrol and diesel models overall.
Switzerland is Europe’s best country to drive in, new research has revealed.
The study by the International Drivers Association analysed several factors surrounding driving in Europe and scored 33 countries based on how congested the roads are, the quality of the roads, petrol prices, and how safe driving is, with the UK notching 18th place.
Car production levels are improving, but not as quickly as buyers want.
Lisa Watson, Director of Sales at Close Brothers Motor Finance, said, “But despite the fact that lead times are beginning to subside, they still remain long, and the used market continues to be starved of quality nearly-new stock, which means consumers are still often left with the choice of facing an extended wait for a new car or having to buy a slightly older used car.”
Blaenau Gwent and Merthyr Tydfil are two of the safest places to cycle but the best place of anywhere to ride is on the Isles of Scilly with just two accidents in the decade.
Surrey, Hampshire and Westminster have the worst cycling accidents over the last ten years, according to a cycle parts maker.