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Budget 2015: What do motorists need to know?

  Friday, 20 March 2015

Yesterday’s Budget covered a number of different bases, and there were a number of issues covered that are likely to affect Britain’s motorists.  We’re going to take a look at the major announcements made by George Osborne, and what the reactions have been.

Andrew Hogsden, senior manager for Lex Autolease fleet consultancy, said:

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How long will petrol costs continue to fall?

  Friday, 20 February 2015

As a result of continuing drops in the price of crude oil, consumers in the UK have been benefitting from lower and lower prices at the petrol pumps.

Asda, Morrison’s, Sainsbury’s and Tesco have all reduced the price of both petrol and diesel by a further 2p recently.  At ASDA, this has led to prices as low as 103.7p per litre for petrol, and 110.7p on diesel.  One garage in Birmingham has started selling petrol at 99.7p per litre.

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CAP estimates faster car depreciation in 2015

  Thursday, 29 January 2015

CAP has predicted that car depreciation will speed up during 2015 as a result of the on-going and increasing supply being marred by flat and slightly positive demand.

It has estimated that year-on-year market deflation will increase from 2.8 per cent in 2014 to around six per cent in 2015.

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Diesel or petrol: making the choice

  Wednesday, 1 October 2014

One of the first decisions that you have to make when picking up your first car is whether you want to go with a petrol vehicle or a diesel one.  Today, we’re going to take a look at the differences between the two, and which one is likely to suit you best.

In the UK, diesel can be more expensive than petrol, with fuel pricing favouring the latter.  As well as this, the advances in petrol engine technology has led to increased levels of efficiency, bringing it closer to diesel.  As a result, the diesel premium – typically between £1000 and £2000 on an otherwise identical vehicle – can now be seriously questioned.

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Britain diesel costs remain amongst the highest in Europe

  Friday, 27 June 2014

Last month we reported that fuel costs remained a major concern for British motorists.  According to a new study by the Post Office, concerns could well be justified.

The study has shown that British drivers are currently paying up to 43p more per litre than other drivers in the continent.  Even drivers in neighbouring France are paying 29p per litre less than UK motorists.

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