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Used cars 'getting cheaper'

CONSUMERS holding on to their motor for longer are driving down the cost of used cars, according to new research. The average price for a second-hand car in July-September 2011 was £8,870 - a 2.4% decline compared with the same period a year ago, according to the Auto Trader company. It is the first time the price has dipped below £9,000 since the company started tracking the market in January 2010.

Online driving licence to reduce insurance costs

First the tax disc, now your driving licence, as government plans to put driving records online are set to make the paper counterpart licence obsolete – reducing your car insurance premium in the process. By creating an online record that insurance companies can easily check, ministers and the Driver and Vehicle Licencing Agency (DVLA) expect insurance costs to fall, as insurers will be able to exactly analyse risk rather than hedging their bets. On Bing: see pictures of the counterpart driving licence Tax disc to be scrapped after 93 years At present it’s tediously time consuming for car insurance companies to check motorists’ driving records with the DVLA, which means most take people at their word about the number of penalty points they have.

Solar car built by Cambridge University crashes

The annual World Solar Challenge is taking place right now. 38 teams from all round the globe are racing 3,000km (1,864 miles) across Australia using energy from the sun alone. Unfortunately, the planned entry from the UK’s very own Cambridge University isn’t amongst them – because five days before the start the above happened.