News / UK and world by Press Association June 26, 2019, 8:47 am Send us a story Sign up to our Daily newsletter The company behind We Buy Any Car has received a £1.9 billion bid for the group from private equity house TDR Capital. Bosses at BCA Marketplace have recommended that shareholders accept the offer, which will go to an investor vote. The 243p-a-share offer is 25% higher than the share price before BCA revealed it was in advanced talks with its suitor. TDR Capital said: “BCA is a high-quality business that operates in a market that is changing rapidly, driven by evolving customer demands and digital disruption. “We are highly supportive of BCA management and believe that with the right investment and support, BCA can continue to grow and evolve its market-leading automotive aftermarket services offering for the benefit of its customers, employees and partners.” BCA said: “The offer from TDR gives shareholders … [Read more...] about We Buy Any Car owner accepts £1.9bn takeover bid
Used car owners
Used car special: How to find the best pre-owned motors
Used car special: How to find the best pre-owned motors BelfastTelegraph.co.uk Buying a new car - either brand new or pre-owned - is one of life's greatest moments. https://www.belfasttelegraph.co.uk/cars/used-car-special-how-to-find-the-best-preowned-motors-38203383.html https://www.belfasttelegraph.co.uk/cars/article38203377.ece/6b41b/AUTOCROP/h342/2019-06-12_lif_51019095_I1.JPG Email Buying a new car - either brand new or pre-owned - is one of life's greatest moments. However, setting out to buy a car is one of the largest spends you'll make so it's always best to come armed with knowledge about makes, uses and prices. The best thing about a used car is value for money. That's because the first stage of depreciation is already over with. There are of course different ways to buy a used car but the safest bet is to purchase one from a reputable dealer. This may not always be as cheap as buying from an owner, but it's the safest and least complicated. A good rule of thumb is … [Read more...] about Used car special: How to find the best pre-owned motors
New road tax: Car owners could get charged per kilometer
Implementing a new road tax that will charge motorists for each kilometer they drive is one of the suggestions the 24 members of the Mobility Alliance made in their Delta Plan Mobility. The 70-page long document contains multiple proposals that should ensure that traffic in the Netherlands can keep moving in the coming years. Other proposals involve constructing more bicycle paths and and so-called transport hubs, NOS reports. The alliance, including parties like NS, ANWB, RAI Association, Transport and Logistics Netherlands, and Bouwend Nederland, estimates that at least 3 billion euros extra must be invested into mobility every year until 2040. This will be offset by social benefits of 18 billion euros per year, the alliance calculates. One of the proposals to decrease both traffic and CO2 emissions, and the most controversial proposal in the Delta Plan, is the kilometer tax or road pricing. The Delta Plan states that road users must pay "according to use and pollution". … [Read more...] about New road tax: Car owners could get charged per kilometer
Electric car owners taking ‘horrific risks’ to charge vehicles
Electric car owners are taking shocking risks to charge them due to a lack of public plugging-in points. Three-quarters admit daisy-chaining multi-socket extension leads, which are not suitable for outdoor use. They even hang lines out of house windows to reach their motors – and half say they leave their cars hooked up and charging when it is raining. There are now nearly 190,000 electric cars on our roads, up 41% from 25,000 in 2014. But there are only 6,669 charging points, which have slightly more than doubled in the period – and we are predicted to have as many as 12 million electric cars by 2025, then 21 million five years later, according to Deloitte. As charging point provision fails to keep pace, charity Electrical Safety First warns owners are risking electric shock with improvised hook-ups. Electrical Safety First technical director Martyn Allen said: “A modern Britain also needs to be a safe one. “We are urging the Government and local authorities to … [Read more...] about Electric car owners taking ‘horrific risks’ to charge vehicles
The most and least reliable used cars named
The UK’s most and least reliable used cars have been revealed in new research looking at the dependability of older cars. The wide-reaching study by What Car? set out to find the best and worst second-hand options for drivers and found that the Toyota Yaris was the most reliable used car while the BMW 1 Series was bottom of the heap. More than 18,000 drivers with vehicles aged between four and 10 years old took part in the study, rating how reliable their cars have been over the previous year, the type of problems they’ve encountered as well as whether they were fixed under warranty. The study ranked cars based on the proportion of owners who reported problems and the severity of those problems. Those with more faults and costly repair bills were rated lower. Japan leads the way Japanese manufacturers dominate the top 10 of most reliable vehicles, occupying seven out of the 10 positions. Overall, nearly a third of drivers had experience a problem but only nine per cent of … [Read more...] about The most and least reliable used cars named