Tag Archives: startline

Dealers have welcomed measures in last week’s Budget, suggesting they may positively impact the used car market, according to November’s Startline Used Car Tracker which surveyed 59 dealers. Startline research shows net positive for the freeze in fuel duty (+54%), higher living wage (+23%) and increased investment in public services (+23%). The least popular policies were higher employee National Insurance ...

A third of dealers now believe electric cars look much better value falling dramatic falls in values throughout 2023. Used EV values have fallen 58% over a 21-month period and now look a more attractive option for buyers. The October Startline Used Car Tracker showed that 32% think used electric cars now look like much better value, 27% that buyer ...

More than eight out of 10 people (84%) think used ICE cars will become harder to buy because of the 2030 production ban, according to Startline’s October Used Car Tracker which surveyed 300 consumers and 62 dealers. 73% expect used ICE to become more expensive and 66% say they’ll hang onto their existing ICE car for longer. 64% are more ...

Startline’s decision to begin providing used EV funding for the first time is a “vote of confidence” in the stability of the market. It is now offering its full range of hire purchase and personal contract purchase plans for EVs with rates and conditions identical to ICE models. Paul Burgess, CEO, said: “We’ve been monitoring the used electric car market ...

Almost half of dealers (47%) say that the ZEV Mandate targets should be relaxed, according to Startline’s September Used Car Tracker which questioned 307 consumers and 60 dealers. 52% believe that the market needs more time to electrify. 30% think that manufacturers will end up being fined under the scheme, 28% think the ZEV Mandate targets are too ambitious and ...

Consumer “nervousness” about making the switch to pure electric is the main reason behind the current surge in popularity of hybrids, dealers tell Startline. Startline’s latest Used Car Tracker shows 63% of dealers think motorists feel this way, 52% of motorists see hybrids as a stepping stone, 42% of used car buyers like having some electric capacity but the reassurance ...

Almost nine out of 10 motorists (87%) say it is important to have an independent, certified used EV assessment to check if previous owners looked after the vehicle’s battery, according to August’s Startline Used Car Tracker. 83% want to know how long the battery will take to fully charge, 82% want verification on the battery capacity that has been lost ...

Grants or loans to support the used EV market is the number one action dealers would like to the new Labour government to take, according to Startline. 56% would back the move while 50% want cheaper electricity for EV drivers and 45% want to see increased on-street charging. Paul Burgess, CEO at Startline Motor Finance, said: “The list of measures ...

Dealers say that limited potential for online-only motor retail was the top reason for the collapse of Cazoo, according to Startline’s July Used Car Tracker which questioned 62 dealers. Half of dealers surveyed said online-only was a problem, followed by 37% who said investors overestimated efficiencies that could be accessed through technology, and 35% said they failed to recognise that ...

Six out of 10 people (61%) that the UK should impose tariffs on Chinese EV makers. July’s Startline Used Car Tracker covered 307 consumers and 62 dealers. Views included the need to protect existing UK car manufacturers (43%), Chinese car makers are subsidised by their government and pricing is unfair (21%), and tariffs should level the market (12%). Paul Burgess, ...