The Honda e:NY1 has emerged as July’s most sought-after brand-new electric vehicle (EV) and the seventh most in-demand new car across all fuel types, leaping from 254th place in June in the UK.
Japanese luxury brand Lexus has significantly cut prices on its electric and hybrid models in a bid to boost sales to private buyers.
The success of the EV market could pivot on two big political issues: the prospect of subsidies and the outcome of the forthcoming General Election.
Auto Traders delivers 2024 outlook for the new and used car market
The average retail price for an electric vehicle in the UK is 52% higher than that of an equivalent internal combustion engine (ICE) powered model.
Dealers are advertising brand-new 70-plate cars at used car prices in order to hit their registrations targets, finds online car supermarket BuyaCar.
The average price of a new electric vehicle (EV) has risen by 13% since 2013, according to a study of the market’s most popular models conducted by automotive data specialist Cap HPI.
Steve Young, managing director, ICDP, suggests that it may be time for the automotive world to consider different pricing models.
Dealer discounts have remained static in the last three months despite a struggling new car market, according to a What Car? Target Price report.
Rising inflation and efforts to increase dealer profitability have cost UK car buyers almost £2 billion in price hikes in just seven months, according to research carried out by What Car?.
Carspring has found that the UK new car market is the second-quickest depreciating in the world – losing an average 51.9% after the first 34,700 miles.
Manufacturers looking to combat the expected slowdown in new car sales during 2017 are already discounting cars by as much as £5,000, according to BuyaCar.co.uk.
A wave of new car price increases prompted by the weakness of the pound should place a new degree of emphasis on more effectively promoting motor finance, says iVendi.
Carwow has revealed that pre-registered cars can cost customers an extra £1,500 when compared to the brand new equivalent with the results of recent research.
Skoda has opened the order books for the 2017 Octavia range, featuring a new face, more technology and prices ranging from £17,055 to £30,085.
Consumers are finding negotiating on new car discounts tougher than a year ago.
