cost of living

Fuel prices unfairly high – RAC

The RAC believes that less than 10% of UK forecourts are charging a fair price for petrol and diesel. According to analysis of Experian Catalist data by the RAC Fuel […]

Demand still strong for used cars

The average price of a used car increased 23.7% on a year-on-year (YoY) and like-for-like basis in June, according to the Auto Trader Retail Price Index. Although it’s the 27th month […]

Vehicle supply impacting car finance market

New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in May 2022 by four per cent compared with the same […]

Fuel prices continue rising

Fuel prices have reached a new record high this week, although there are hopes costs on the forecourt will begin to taper off. RAC fuel spokesman Simon Williams said: “Just […]

Rising prices means falling ownership

The cost of living crisis is having a negative impact on car ownership. According to MotoNovo Finance’s latest Customer Insight research, the fall in car ownership reported by the SMMT […]

Fuel prices driving EV uptake

An online Opinion Matters poll commissioned by The Motor Ombudsman has found than 48% of UK car owners are considering a switch to electric a fuel prices continue to rise. […]

Fuel prices need ‘urgent review’

The RAC and the AA have backed calls from government ministers for an urgent review of rising fuel prices. They want to establish if the cut in fuel duty is […]

RAC warns of steepling fuel costs

The RAC has warned that fuel prices could top 180p per litre this week. It has reported that prices on the forecourt spiked by nearly 5p a litre during the […]

Car sales stutter amidst supply shortages

New UK car registrations fell 20.6% to 124,394 units in the second weakest May since 1992 as supply shortages continue to hamper new purchases and the fulfilment of existing orders. […]

Car clubs reducing UK car parc

The number of active car club members in the UK almost doubled last year according to a new report, which concluded that more than 116,000 privately-owned vehicles have been removed […]

Growth slows for car finance market

The Finance & Leasing Association (FLA) has reported that the consumer car finance market saw new business volumes up in March 2022 by two per cent compared with the same […]

Appetite increases for used cars

Seven out of ten consumers (70%) say that used cars have become more appealing purchases than new in the last month. This is according to the very first monthly Startline […]