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56% of drivers 'underestimated car expense'

MORE THAN half of people who have bought a second-hand car in the last two years have found it more expensive to run than they expected, according to a Government-backed body. Some 56% of motorists said that total cost, including maintenance, repairs, insurance and fuel had turned out to be higher than anticipated and one in five drivers (20%) have resorted to going into debt just to keep their vehicle on the road, the Money Advice Service (MAS) found. 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.

Aptera hits a speed bump

While the streamlined, electric two-seat Aptera 2e may be one of the most efficient cars ever designed, the process of getting it to market is becoming a little less efficient. Original plans had the 2e going on sale this year, but the company said on Wednesday that the car will be available to consumers starting in 2010. No specific date was set.

Are new car sales figures a fantasy?

A recent report from Germany claimed up to 30 per cent of new car sales were a fiction. Could the same be true in the UK? Despite the recession – and the lack of finance deals for a huge number of potential customers – new car sales in the UK seem to be rising inexorably.