Young drivers rely on bank of Mum and Dad

More than half of parents financially contribute to their child’s first car, new research has revealed. The survey, conducted by comparethemarket.com, found that a quarter of mums and dads (28%) covered the entire cost – at an average of £3,528. City Average amount parents contribute to their child’s first car Sheffield  £4,544 Edinburgh £4,230 Birmingham  […]

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Why running an EV makes financial sense

The annual running cost of an electric vehicle is now £579 cheaper on average than a petrol-fuelled car., according to new research from comparethemarket.com. What’s more, this difference in cost has increased from last year when EVs were just over £400 cheaper to run. The research, which analyses the price of insurance, fuel, and road taxes, reveals that the average annual cost […]

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