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New BMW X4 price and specs for the UK – costs from £36,590

The new BMW X4 is now on sale in the UK The new BMW X4 – BMW’s baby X6 and a ‘coupe’ version of the very able X3 – arrived at the Geneva Motor SHow in March, and it’s now on sale in the UK priced from £36,590 for the BMW X4 xDrive20d SE, a chunky £3.5k more than the equivalent X3. But what you’re buying in the new X4 is a lifestyle statement rather than a family SAV like the X3, so the premium is so others know you’re prepared to pay more for a less practical urban SUV. Still, a similar scenario with the X5 and X6 hasn’t stopped buyers opting for the X6 instead and it seems likely the X4 will take an even bigger split of the X3/X4 sales than the X6 does from the X5.

Tesla offers finance deal on Model S

Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. The 10 percent down payment often will be covered by federal and state tax credits available on electric vehicles. However, the $500 a month payment is an "effective" monthly payment.

Used car market pressure eases

AN INCREASE in the number of used cars coming into the market has “taken the edge off prices” and calmed some corners of the industry, according to used car pricing experts CAP. A greater influx of part-exchange cars arriving at dealers is partly responsible, and with many franchised dealers focusing for the time being on selling those vehicles, competition to acquire stock on the open market has decreased. CAP reports that the pressure has been lifted on some dealers who had become frustrated at how expensive it was becoming to source cars at fair prices.