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Money Advice Service’s Online Tool Helps Buyers Choose Wisely

NEW researched published by the Government-backed Money Advice Service (MAS) has found more than half of people who purchased a used car underestimated the running costs. Some 56% of motorists said that total cost, including maintenance, repairs, insurance and fuel had turned out to be higher than anticipated, while one in five (20%) have resorted to going into debt just to keep their vehicle on the road. One in four (26%) of the 3,000 people surveyed who have bought a second-hand car since 2012 now has regrets about their purchase, with many of them saying they had not worked out whether it was really affordable or that the purchase price was too much in the first place.

2014 Subaru WRX and STI pricing released

The Subaru WRX and WRX STI are now in their final model year before they're replaced by an all-new version, and Subaru has just released prices for the 2014 model year. Both cars get a $200 bump for 2014, and destination charges rise, too. The 265-hp 2014 WRX will now start at $26,790 and will be keeping its 2.5-liter turbocharged and intercooled four-cylinder boxer engine and five-speed manual transmission.

Michelin Challenge Design 2013 finalists announced

The finalists of the 2013 Michelin Challenge Design global vehicle design competition have been announced with all 15 of the chosen entrants' work to be displayed at NAIAS 2013. This year's theme, 'HALF! Lightweight with Passion', asked participants to explore how design contributes to and impacts the ongoing effort to develop more efficienct vehicles, while keeping the emotional side of car design front of mind.