Motor Industry News
A unique insight into our valuations team (VIP DATA) day to day observations from probably the most accurate vehicle valuation system in the UK.
Showrooms are supposed to be packed today ... Some are - but continuing supply constraints haven’t seen people queuing to pick up their new “11 plate” pride and joy. The traditionally busy 1st of the month has been diluted.
Now is the time to hunt for a good used car. Dealerships will be advertising their part-exchange stock from the new registration over the next couple of weeks. There will be more choice over the next couple of months and an increase in the number of cars going through the auction halls.
March 4th - 8th
A visit to the Geneva motor show proved that the public are still “car mad”! It was very busy.
The main attractions were the eagerly awaited Range Rover Evoque which is sure to be a success, and an array of electric offerings from most manufacturers including Tesla and Vauxhall's 4-seat Ampera which was drawing the crowds. The Ampera uses a small petrol engine to recharge the battery as and when needed, and is referred to as a 'range extender'.
BMW has announced plans to release the 6-series coupe later this year. The car will be available in both 650i and 640i guise. The convertible has been revealed already and is set to be released in the next couple of months.
Auction halls are flooded with unwanted cars from overstocked dealers following the recent high numbers of part exchange vehicles due to the new registration earlier in the month. Many dealer groups have stopped buying until they sell some used cars via the retail route. So now could be the time to grab a bargain...
Porsche have announced plans to develop a mid-engine supercar to rival the likes of the Ferrari 458 Italia and McLaren MP4. Details are not available at this stage but this could bring excitement to the otherwise unchanged Porsche sports car range.
The Mercedes C63 coupe is set to join the range later this year. The new monster will have the acclaimed 6.2 V8 power plant paired up with the 7 speed 'speed shift' gearbox. Two power outputs will be available starting at 451bhp with the high output AMG Development variant putting out a huge 480bhp. Expect 0-62mph in sub 4.5 seconds for both models!
Have you tried to walk into a dealership and buy a brand new Audi Q5 or even VW Golf recently? It's a lot more difficult than it should be! Unless of course you don’t mind a long wait. Expect to wait at least 6 months for both!
So many people are trying to think smart and buy nearly new ... this isn’t a good or easy move. Many models are demanding nearly list price even up to 12 months old with up to 10000 miles on the clock! But they are selling...
Bigger 4x4 values are starting to feel the effects of ever rising fuel costs. There are plenty of Range Rovers, Audi Q7s and BMW X5s hitting the market. This is a result of people attempting to cut down on running costs by downsizing.
The 1p per litre cut in fuel prices has quickly been masked by fuel providers. It has been lost amongst an array of price hikes. This seems set to continue-how long will it take for fuel to hit the outrageous figure of £2.00 per litre?
DRIVEN - SKODA OCTAVIA vRS Estate 2.0 TDi 170 6spd Manual.
The test car was finished in bright red which was quite an eyeful, especially when combined with the 18” alloy wheels, coloured brake calipers and LED daytime running lights. First impressions are very good - Skoda really have upped their game in terms of quality.
On the inside, the dashboard and door card materials are of very good quality but understandably not up to VW or Audi standards. The interior space is great, easily accommodating 4 adults and a boot full of luggage, especially in estate guise.
On the road the handling is safe and very positive - it really inspires confidence when pressing on. The engine is the well-known 2.0 TDi 170 as seen in VW and Audi variants and as always provides effortless power and remarkable fuel economy. We saw 45mpg easily in our time with the car.
Skoda are doing a really good job of turning out some impressive cars. Forget the old jokes and give them a chance...
The end of new registration month is approaching. Dealers are now starting to think of April which is usually relatively quiet for them. Customers are now focusing on paying for summer holidays and spending time with family for the upcoming half term break. So April could be the month to get a good deal.
Porsche have announced plans to release an even hotter version of their Panamera. Named the Turbo “S” it will boast 550 BHP which is 57 more than the “standard” Turbo variant. It will be priced at just under £125000.