Tag Archives: depreciation

New research has revealed that nearly a third of UK drivers have written a car off – and 7% have done so more than once. The survey of more than 2,000 UK drivers, carried out for InsuretheGap.com, a leading provider of GAP (Guaranteed Asset Protection) insurance for new and second-hand …

Nearly nine out of 10 (85%) of car owners say that the idea of being in debt is stressful, according to YouGov data, yet in the last year some 2.4 million cars were bought using finance options (check loan eligibility). The main reason for this is that financing a car …

The average UK motorist is spending £162 per month on running their car, or almost £2,000 per year, before they even take into account the cost of the vehicle itself, reveals new research from Kwik Fit. While many drivers buying a new or used car do so on finance and …

Why it’s important to look at the total cost of ownership when buying a new runabout… The latest data from automotive industry experts CAP reveals that the total cost of ownership – which includes depreciation, maintenance, fuel and insurance – varies significantly between city cars. The Suzuki Celerio offers the …

Meet the remarkable Porsche Macan – the car that pays you to drive it. Demand for the sporty SUV is so high that it appears dealers have been barred from offering customers a hefty instant profit to sell Macans back to them. The popularity of the depreciation-defying Porsche Macan emerged …