Its been known for a while that buying an electric vehicle doesn't have much of a second hand value. The Telegraph quotes a study carried out by the pricing experts at Cap Automotive, who analyzed UK's second hand prices and their findings indicate that electric vehicles suffered the worst depreciation of all fuel types surveyed.
The EVs were on average, worth 20.2 percent of their purchase price when new after three years, compared to diesel and petrol cars. Is this trend happening in most places around the world?
While full EVs did very badly, hybrids like the Toyota Prius and Honda Insight actually surpassed the conventional bunch, retaining a value of 45.3 percent over the same period.
Buying a used car is a practical and affordable option for those who need their own means of conveyance, but don’t want to spend a hefty sum of money on a brand new vehicle. Getting a used car is a great way to avoid many of the hassles which come with buying a new one from the showroom. However, buying a used car comes with several risks, especially the process of making the purchase. There are a few aspects owners and even dealerships, may try to hide about the prospective car, so you have to know what to watch out for. Here are some tips you can keep in mind. Read more
Yes, it's cold and yes, it's snowing but don’t keep your car static for a long time. Winters can be unpredictable. To avoid any unforeseen damage, it’s smarter to learn about the nearest tire repair shops before it's time to call on one of them. Stop making excuses and wishing for summer to come soon. While you may be worried about the type of accidents that can happen during the winter, learning safe rear-wheel driving before heading out can turn you into a pro in the snow. Read more
None of us want it to happen, but through no fault of your own, you can end up in an auto body shop repairer. It doesn’t matter how good a driver you are, as there is somebody out there who thinks they are better than you and will drive in such a way as to try to prove it. When you drive on the roads every day in the UK, you will come across newly qualified drivers that drive with great care but may be nervous. Then you have the boy racers flying about the roads with little or no consideration for other drivers. There are many different types of drivers out there to compete with and eventually, you are going to run into one of them. Read more