Automotive fintech business Bumper has delivered record revenues of £11.7 million for the financial year ended 31 December, marking a 54% increase year-on-year.
New data from the RAC reveals that 20% of UK drivers under 44 have cut costs by skipping legally required MOTs or delaying tyre replacements, raising significant safety concerns.
Payment Assist has reported a significant 350% increase in applications for its flexible four-month payment instalment plan.
New research from Warranty Solutions Group (WSG) highlights the rising cost of electric vehicle (EV) repairs, revealing that the largest EV warranty claim made between 2023 and 2024 was a £5,000 replacement transfer box and electric drive for an Audi E-Tron Sportback Quattro.
Warrantywise has launched a new EV warranty plan, the EV Plus, designed to meet the specific needs of used electric vehicle (EV) owners and enhance consumer confidence.
Research by Warranty Solutions Group (WSG) reveals that electric vehicles (EVs) are significantly more costly to repair than their internal combustion engine (ICE) counterparts.
A car repair bill of £772 is the ‘breaking point’ for drivers, causing many to consider replacing their vehicle instead of paying for repairs, according to a new report by online marketplace CarGurus.
Millennials are the most frequent users of Buy Now, Pay Later (BNPL) services to manage car repair, servicing, and MoT expenses, according to fintech payment specialist Bumper.
Dealers can now access more accurate repair pricing data thanks to a new data partnership between Stellantis and Digital INNK.
Contrary to industry fears, there is no evidence that EVS are being scrapped at a higher rate than ICE vehicles due to their significantly higher repair costs
Automotive fintech payment specialist Bumper helped fund £0.5bn worth of car repairs by April and intends to grow that total by a further £460m by the end of this year.
Global parts shortages and rocketing labour rates drove up average car warranty claims by 13.5% last year to £458 according to Warranty Solutions Group (WSG).
The Toyota Yaris ranked as the most reliable used car over the last three years, according to the latest figures released by Warrantywise.
Carwow is partnering with Warranty Solutions Group (WSG) to create ‘BuySafe’ to help safeguard dealers against undisclosed mechanical and electrical failures
Honda has taken the top spot as the most reliable car manufacturer for 2023, new research from Warranty Solutions Group (WSG) has revealed.
Older drivers are more likely to buy extended warranties, service plans and breakdown cover in the knowledge that repair bIlls could run into four figures.
Peugeot and Toyota cars have been identified as the most expensive to repair, according to internal data from WhoCanFixMyCar.com.
Audis are more expensive than BMW and Mercedes cars to service.
Nearly one-in-five UK motorists admit to driving their car despite knowing it needs repairs because they can’t afford the bill, according to research carried out by motoreasy.
How do the repairs bills for the luxury German brands BMW, Audi and Mercedes compare?
