They are what we all reach for, but the finer things in life usually cost money. If we don’t have it, we can save it or we can borrow it; that’s normal. For example, in 2015, the percentage of people who financed a car purchase rose from 45% to 75% thanks to new ways of buying or leasing. The trouble is, borrowing money comes with the twin burdens of risk and responsibility. Continue reading
It is often said that buying a car can be one of the most expensive lifetime purchases with the obvious exception of your house. Unlike a house, cars will suffer value depreciation quickly so new or used car buyers will want to try and lay hands on a vehicle that will still be worth as much as possible when it comes time to sell it on. Continue reading
It will come as no surprise to any British motorist that UK drivers top the tax to road expenditure ratio. UK drivers pay almost four times as much in motoring taxes as is spent on roads according to Edmund King, the AA president, speaking in Brussels yesterday. This is the highest ratio in Europe (with the exception of Malta). Continue reading
If history (and Joni Mitchell) teaches us anything it is that we don’t know what we’ve got until it’s gone. Over time we have seen print newspaper and magazines fall to the power of the internet. More and more publications have given up the fight and gone digital and that includes motor trade periodicals. Continue reading
We all hope to avoid them but accidents, as they say, do happen. If you had a car crash, would you know what steps to take in the immediate aftermath? What about later on? We all like to think we would have the presence of mind to act, but keeping a cool head in an emergency situation is easier said than done. You might be dealing with injuries, high emotions and a scene of confusion. That is why it is a good idea to think ahead and have a plan in case the worst should happen. Continue reading
As I write, the hedgerows are blooming and the trees are taking on a leafy green hue. It is also cold and you would be forgiven for thinking that it was February, only with flowers. Thoughts then must be turning to getting the hell out of here and through the Chunnel or over the seas to the lands of milk, honey and extravagant subsidies. With two Bank Holidays in May, the opportunity presents itself for a short break or indeed two. Continue reading
Here’s a detailed and great looking data visualisation courtesy of Carfinance247. It takes a close look at the cost of car ownership across the world taking into account new price, used price, popular models and insurance price. It won’t come as any surprise to you to learn that the UK is one of the world’s more expensive countries to be a motorist – but how does it compare to others? From motoring powerhouses like the US to the land of the supercar in the U.A.E., the piece explores eight countries in total.