As confirmed by the government, electric vehicles (EVs) will no longer be exempt from Vehicle Excise Duty (VED), commonly known as road tax, from 2025. EVs registered on or after 1 April 2025 will incur a first-year VED rate of £10, followed by the standard annual rate of £195 from the second year onwards. Existing […]
2025 is finally here, and the EV market continues to hit new milestones. Longer-range EVs are rapidly becoming the standard. Gone are the days when “range anxiety” dictated buying decisions; the next generation of EVs is pushing boundaries, with ranges reaching 400 miles on a single charge becoming more common. Leading manufacturers are investing heavily […]
That got your attention, didn’t it? Well don’t worry, there’s no clickbait here. We have a real solution for employers and business owners. If offering a pay rise isn’t feasible for you, an Electric Vehicle (EV) salary sacrifice scheme could be a game changer. Let us explain: How does the scheme help me keep hold […]
EV prices are dropping. No, really. Car manufacturers are now offering major discounts on new electric vehicles, striving to boost demand as they face looming year-end sales targets, according to recent data. The Government’s newly introduced Zero Emission Vehicle (ZEV) mandate requires carmakers to increase EV sales each year through 2030, with fines of […]
At Pike + Bambridge, it’s our exceptional service that sets us apart from the competition. We may sell cars (really nice ones), but what interests us far more is the people that drive away in them. That means if you’re going to drive our cars, it’s important you learn who drives us. That’s why we’re […]
Finding the right car for you is hard enough, but finding the right car for your family can be even more of a challenge. So many cars out there label themselves as ‘family friendly’ without ever earning that description. The right car for you and your family needs more than a big boot or retractable […]
The motor industry is evolving at a relentless pace. There were over 33 million registered cars in the UK at the end of March 2024, and that number continues to rise. Not only are we seeing new cars hit the market, we’re also seeing new ways of buying them. With cars getting more expensive by […]
The UK Budget wasn’t the only recent piece of seismic news within the UK automotive finance world. A surprising Court of Appeal judgement ruled that it was unlawful for two lenders to have paid a “secret” commission to car dealers without the borrowers’ knowledge. The new ruling is likely to force the entire industry to […]
The contents of the UK 2024 Budget were announced earlier this week. While not all parts of the budget were positive, we were pleased at the governments continued commitment towards EV’s and the great green transition. As big proponents of EVs and greener mobility, we were pleased to see the government reference and maintain […]
Earlier today, Chancellor of the Exchequer Rachel Reeves announced the contents of the 2024 Autumn budget. Some major changes were set out, including many that will affect business owners and drivers. What the changes mean for you Like many people, we were disappointed to see an increase in National Insurance (NI) contributions paid by employers, […]
