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Car spending 'more than holidays'

NEARLY HALF of drivers in the UK spend more disposable income on their car than anything else, according to a survey. Spending on cars (47%) easily outweighs the amount spent on holidays (21%) and socialising with friends (13%), the poll from Halfords Autocentres showed. But the survey also found that 10% of drivers were cutting back on car maintenance to save money.

Volkswagen Golf GTI Adidas & Golf GTI Exclusive at Wörthersee 2010

The VW Golf GTI Adidas at Worthersee The Worthersee Tour is a big customisers event for Volkswagens held every year in May in Worthersee in Austria. It’s been a feature on the calendar since 1982 and was originally a meet up for owners of the original Golf GTI. Over the years it has become much more and we see all sorts of cars from the VW group such as the seven Audi A1 specials this year and the Audi Q5 Worthersee Concept last year.

Glass’s Guide Luxury Cars price crash

I think we all knew it was happening, but Glass’s guide, the trade bible for used car values, has confirmed that luxury cars in the UK have fallen out of bed in a big way. Comparing luxury diesel saloons with a year ago, they say that average values have dropped by a massive 21%. And in pure money terms the top end coupes, such as the Porsche 911, have fallen by 18%.