According to the Used Car Prices Index, a motor industry publication by CAP, used car prices in August 2010 are cheaper than a year ago.
Average prices are stated to be 3% lower than 12 months ago, but prices vary according to sector.
The best performing sector was the 4X4’s which showed an 11% increase while city cars and superminis were down by 10%.
A tough day ahead at Silverstone for McLaren who are striving to match the speed of the Red Bull cars
The new modifications which were expected to improve the McLarens performance have not produced the required results and on yesterdays practice laps the Red Bulls were 1.5secs per lap faster, an enormous distance in Grand Prix terms.
It’s a Monday so let’s get all the bad news over and done with today.
Hidden away in the recent budget and with nobody, so far, commenting on it but with the exception of Life policies all other insurances, including car insurance, had their Insurance Premium Tax raised from 5 to 6%.
That doesn’t sound much but couple it with the rise in VAT from 17.5 to 20% and it all adds up.
Even though the UK emergency budget is not until Tuesday 22nd June the RAC motoring organisation are reporting they have seen a document which warns of increased deaths on the roads if road safety partnerships are to be scrapped because of public spending cuts.
The new spending cuts are expected to result in no new fixed speed cameras, possible reduction of existing speed camera numbers, traffic policing reduced and also civilian camera operators and speed awareness courses severely cut back.
With the Olympics now only 2 years away are car makers going to miss out on one of the biggest home marketing opportunities for years?
The development of e-car technology at present favours the battery pack electric car simply because that technology was partly in existence, all that was required was the improvement of battery pack life and charge capacity.
Even though Beijing is called the "City of Bicycles" this video shows even worse motor traffic congestion involving cars etc. The Chinese are even reverting to an old system proposed in the west years ago of using odd and even last digits on number plates to restrict daily access onto roads.
While all the political dithering are taking place in Parliament british motorists are making their minds up in the purchase of new cars.
The Society of Motoring Manufacturers report that despite the ending of the scrappage scheme at the end of March new car sales increased by 11.5% in April.
Vauxhall got their brand name into the headlights by virtue of their Astra model being the top seller nationwide and in the process knocked Ford off the top perch for the first time this year.
The Nissan Leaf, a new electric car from the Japanese company is going to cost motorists over £24,000 for the privilege of owning the basic model. This price makes it more costly by over £2,000 than its main rival the Toyota Prius.
The Leaf is scheduled for long term production at Nissan’s plan in Sunderland, North East England, following an initial production run in Japan, it will be produced on the same production lines already in use making the Nissan Note.
Some of the latest photos of the new Jaguar XF-Diesel model.