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Energy price cap inspires EV confidence
- 06/10/2022
- Posted by: Alan Feldberg
- Category: News
A fifth of electric vehicle buyers have said the government’s recent energy price cap has helped persuade them make the switch. According to new research by What Car?, which surveyed 1,654 in-market buyers, 20.5% of those in the market for electric cars said the price cap announcement was further incentive, while [...] -
BCA reports dip in used car values
- 23/09/2022
- Posted by: Alan Feldberg
- Category: News
BCA has reported that average monthly used car values slipped back in August, principally driven by a changing model mix through the online auction channel. Values averaged £8,954 across the board at BCA in August, down from £9,464 the previous month, with performance against guide values down marginally on July [...] -
Cost-of-living cooling car ownership
- 21/09/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
A new survey of dealers has identified a growing trend among motorists now wishing to own their own vehicles. According to Startline’s Used Car Tracker, drivers choosing not to own their vehicles is a challenge for 42% of respondents compared to just 18% in August. Paul Burgess, CEO at Startline Motor Finance, [...] -
Buyer demand dips by a fifth in August
- 05/09/2022
- Posted by: Alan Feldberg
- Category: News
Demand for new and used vehicles declined in August against the same month last year, according to data from lead management experts at iTrackLEADS. Overall enquiries fell 21%, the second largest fall this year. While the number of leads responded to fell by 20%, dealers worked effectively to see only a 12% fall [...] -
Retailers remain car buyers’ top choice
- 26/07/2022
- Posted by: Alan Feldberg
- Category: News
The majority of car owners (55%) still buy their car from a car showroom, increasing to 64% of over 55s, compared to just 38% of under 34s. The survey of 2,000 UK drivers, commissioned by InsuretheGap.com, found that over a third (36%) buy from showrooms so they can part-exchange their vehicle, get a warranty (33%) [...] -
MOT matters to new buyers
- 21/07/2022
- Posted by: Alan Feldberg
- Category: News
A study by BookMyGarage has revealed that three-quarters of motorists are likely to check the MOT history of a used vehicle they are thinking about purchasing. The majority of perspective buyers (78%) are also more likely to purchase a used vehicle which has a ‘good’ MOT history – a vehicle that hasn’t [...] -
Diesel demand down five per cent
- 18/05/2022
- Posted by: Alan Feldberg
- Category: News
Diesel cars continue to be faded out from the UK new car market, with just five per cent of new car buyers stating they’re looking to buy one. This is according to the latest industry research by What Car?, which follows April’s new car registration figures from the Society of Motor Manufacturers and Traders [...] -
Used car buyers turn to automatics
- 12/05/2022
- Posted by: Alan Feldberg
- Category: News
Automatics now make up as much as 72% of the used car market in parts of the UK, with their numbers bolstered by the increasing popularity of electric vehicles. This is according to new research by AA Cars, which is the AA’s used car website. Across the UK, automatics now make up 41% of the used cars for sale [...] -
Used car prices levelling off
- 09/05/2022
- Posted by: Alan Feldberg
- Category: News
The average price of a used car increased by 32.2% year-on-year in April, according to data from the Auto Trader Retail Price Index. Although it marks the 25th month of consecutive price growth, it does suggest a slowing market, with the rate of growth increasing just a fraction on the 32% rate recorded in [...] -
Safety stars shine for new car buyers
- 04/05/2022
- Posted by: Alan Feldberg
- Category: News
More than 80% of new car buyers would not buy a car with a Euro NCAP safety rating below 4 stars. This is according to research conducted by What Car?, which also found that used buyers are more comfortable purchasing vehicles with lower safety scores. The research of 937 in-market buyers found 80.75% of new car [...]