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New VW Golf R Mk 7 costs from £29,900 in the UK

The new VW Golf R (pictured) costs from £29,900 The best of the MK 7 Golfs – the new Golf R – arrived back in August ahead of its debut at the Frankfurt Motor Show, with Volkswagen telling us it would go on sale in early 2014. But it’s actually on sale now, a few weeks early. At £29,900 (for the 3-door with 6-speed manual), the Golf R is a sensible price ( at least in comparison to VW’s truly silly price for the MK 6 Golf R Cabrio – which they subsequently dropped by more than £5k) and undercuts the similar Audi S3.

BMW 'looking' at an M1 supercar successor

BMW is actively considering a new range-topping supercar model in the spirit of the M1 and Z8, CAR has learned. Global sales and marketing chief Ian Robertson said the company had other priorities, but that there remained a desire to showcase the brand's sporting aspirations. 'We have never replaced the M1, although we have made ventures in that direction,' he said.

Used car sales return to pre-recession levels

As the UK’s buoyant new car sales figures continue to buck the European trend, it was only a matter of time before this had a positive knock-on effect on sales of used cars. Now, according to figures released in the latest BCA Used Car Market Report, used car sales hit 7.1 million last year, outpacing new car sales by 6.4% and, even more crucially, returning to pre-recession levels. Best used car buys for 2013 On Bing: see pictures of used cars In fact, a record £38.1 billion worth of used cars were sold in 2012, £5.8 billion more than was spent on new cars.