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RAC urges supermarkets to ‘do the right thing’
- 23/11/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
Data from RAC Fuel Watch has found that supermarkets are currently enjoying margins of about 15p a litre on both petrol and diesel. It says that wholesale prices for petrol have fallen by 13p per litre since their October high and diesel prices have fallen by 22p, but these decreases haven’t been transferred to [...] -
Car thefts up nearly a quarter
- 14/11/2022
- Posted by: Alan Feldberg
- Category: News
Vehicle theft has risen by 22% in the last year, according to data released by Statista. It found the cost of living is contributing to the rising incidents. In response, motorists are doing more to protect themselves, with searches for ‘prevent car theft’ soaring by 156% in the past week alone. Your Parking [...] -
Costs spiral for owners of older cars
- 11/11/2022
- Posted by: Alan Feldberg
- Category: News
More than half of motorists with older cars are holding on to them for longer because of the cost-of-living crisis. A Motorpoint survey of 2,000 UK drivers with cars that are more than 10 years old revealed that 57% said they will keep their cars for longer to ease financial pressures. However, the cost of [...] -
Halfords houses new dedicated cost-saving page
- 20/10/2022
- Posted by: Alan Feldberg
- Category: News
Halfords has launched a raft of initiatives to reduce the cost of driving, with a dedicated landing page for consumers to view them all. It has joined forces with MotorEasy to tackle the rising cost of vehicle ownership, creating a new warranty partnership that future-proofs motorists against parts price rises and [...] -
Cost of living drives green parts adoption
- 11/10/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
The cost-of-living crisis is likely to see a growing number of motorists switch to recycled parts to help reduce motoring bills. This is according to eBay, the UK’s leading online marketplace for car parts and accessories. It found that 71% of surveyed motorists would consider switching from installing new car [...] -
Finance applications surge amidst rising costs
- 10/10/2022
- Posted by: Alan Feldberg
- Category: News
Car finance company Carmoney has discovered that there has been a 105% increase in the number of car finance applications in the past year. It has also identified a 53% increase in motorists applying for car finance with zero deposit and a 70% increase in car finance applications from younger drivers aged [...] -
Customer demand dips as inflation rises
- 05/10/2022
- Posted by: Alan Feldberg
- Category: News
New data has revealed that customer demand for new and used vehicles fell in September compared to the same month in 2021. According to iTrackLEADS there was a 24.8% decline in enquiries, while test drives and both fell by 20%. Adrian Favill, director of iTrackLEADS, said: “It’s clear the market is facing [...] -
Car finance booms as cost-of-living crisis bites
- 14/09/2022
- Posted by: Alan Feldberg
- Category: News
The cost-of-living crisis is pushing more new and used car buyers to opt for finance rather than cash purchases. This is according to the latest research by What Car?. It surveyed 1,060 in-market buyers and of those buying via finance, a quarter (25.8%) said the cost-of-living crisis had influenced their [...] -
Price pressures dampening EV appetite
- 13/09/2022
- Posted by: Alan Feldberg
- Category: News
A new report has warned that high prices could be dampening EV uptake with just seven new electric models available in the UK available for under £30,000. According to Electrifying.com, there are 107 petrol or diesel cars available in the same price bracket and as cost-of-living pressures rise it warns that car [...] -
Fuel prices kept artificially high
- 06/09/2022
- Posted by: Alan Feldberg
- Category: News
Fuel prices fell by an average of 12p in August, the largest monthly drop on record, but are still a long way from reflecting the current wholesale fuel cots. According to the RAC Fuel Watch, the average price of a litre of unleaded is now under 170p (169.8p) for the first time since May. However, with the average [...]