However, the reality is completely different from what vehicle purchasers believe. The dealers only keep approximately a 7 per cent profit margin when they sell a new car. On the other hand, on used car proceeds, the dealerships hold 12 to 15 per cent profit.
Without doubt, there has been pent-up demand, and as restrictions have eased, this has been unleashed onto the market with our dealer introducers reporting luxury cars being snapped up quickly and a lack of stock.
Head of the valuation at Cap HPI, Derren Martin while sharing his thought on the situation said, “With demand from dealers at a high, stock levels low and concerns over the future supply of used cars, there has never been a better time for consumers to cash in on their cars.”
If you want a used utility vehicle that is big, luxurious, and grand, you would love to have the 2016 Mercedes GLE in your garage. From the heavily chromed nose to the big, vertical rear, it has every bit you would expect in a Mercedes utility vehicle, and that is what motorists like most about it in the UK.
The 2017 Range Rover Evoque hit the UK roads in summer 2016 to compete with the Audi Q3 and BMW X1. Both its competitors are better machines when it comes to driving comfort. However, the baby Range Rover appears more stylish with better off-road capabilities.
Yes, the 2016 Audi Q7 is an excellent mid-size sports utility vehicle offering agile handling, calm ride, and powerful engines. It features one of the plushest interiors in its segment, with standard leather upholstery and soft padding all over. It also has an abundance of standard safety and driver-assistance features, including a rearview camera, front and rear parking sensors, forward collision warning with automatic braking, and pedestrian detection. Definitely, worth every penny you spend on it!
The plans set out for 2030 are less rigorous than those for 2035 because they exclude the ban on hybrid cars. The new deadline supports the UK’s economic recovery from the aftermath of the pandemic, as a recent study by Greenpeace shows the 2030 embargo would generate more than 32,000 jobs.
We have witnessed better car sales in April 2021 compared to the same month last year. According to data released by the Society of Motor Manufacturers and Traders (SMMT), vehicle sales rose to 141,600 units in April 2021.
With so much fluctuation in fuel prices, it really helps to have a car with the best-in-class fuel economy figure. Today, we bring you the top 5 most fuel-efficient cars you can buy this year. We have considered a mix of petrols, diesels, and hybrids, so there is something for every motorist.