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Lack of history loses 20% of a car’s value
Mon, 08 Sep 2014A CAR being sold without a full service history is worth one-fifth less on average than a car with a fully stamped service book. This amounts to an average of £1464 for the typical used car sold in the UK with a price of £7706. A study by Kwik Fit found buyers expect a 19% discount for cars with incomplete or no service history, which is costing the used car industry £10 billion per year in lost revenue.
Demise of kei cars on the horizon?
Tue, 10 Jun 2014The kei car has long been a staple of the Japanese automobile industry and its car culture. Too diminutive for Western markets, the tiny cars and trucks are a strong influencer of design in Japan. Now, as The New York Times reports, the Japanese government has hit kei cars with increases in sales tax, gasoline prices and has reduced the kei car tax break introduced to make the cars popular in the first place by 50 percent.
SHOCK CAR NEWS! New Bentley SUV won’t be cheap
Sat, 28 Jun 2014New Bentley SUV won’t be cheap The Bentley SUV is now not just a probable future model for Bentley, but is now a fully confirmed project that will result in the first ever SUV from Bentley in 2016. Having now moved away from the ‘Bentley Shed’ school of car design we saw with the original EXP 9 F Concept - which got huge criticism when it was revealed – to a much sleeker design that looks like a Continental GT on stilts, the new Bentley SUV will be much in demand when it arrives. But one question that hasn’t been answered is where exactly Bentley will pitch the price of their new SUV?