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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.

Subaru WRX STI price cut & new power upgrade option

Subaru UK has slashed the price of the base WRX STI by £6k and added a new power upgrade option. The supercar saloon for the Playstation generation that is the Subaru WRX STI has just become a great deal more affordable as Subaru UK slash an incredible £6,000 off the list price, with the WRX STI now available from just £26,995. The WRX STI is already a stunning performer with its 2.5 litre four-pot delivering 287bhp and 300lb/ft of torque and able to get to 62mph in just 5.2 seconds, but if that isn’t enough Subaru has now launched a new power upgrade option.

Mazda reportedly to pull out of Michigan joint venture with Ford

Mazda is reportedly pulling out of a joint manufacturing venture with Ford Motor Co. that was thought to be unprofitable for the Japanese carmaker. The site, AutoAlliance International, is about 25 miles south of Detroit and makes the Mazda 6 and the Ford Mustang.