Consumers need guidance to understand costs of new mobility options

September 15, 2016

Consumers may struggle to compare the costs of new mobility services against traditional car purchasing options without support from manufacturers and suppliers. When comparing the monthly costs of different motoring options, consumers will need guidance to ensure that they take into account the total cost of ownership for each product. For example, Europcar’s recently launched long-term fixed rate product has rates starting from £360 a month for a city car such as the Fiat 500. At first glance this is substantially more than an equivalent personal contract purchase, but Europcar points out that the product has no deposit, a mileage allowance equivalent to 30,000 miles a year, free insurance, with the option to swap every month with no early termination charges. To provide an exact comparison with a PCP, purchasers would need to include the deposit, insurance, equivalent mileage allowance and servicing.

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UPDATE: News & Insights have moved to the Autovista Group website

March 31, 2017

Our regular automotive industry News & Insights are no longer being published on the Autovista Group Market Reports website.

Instead, you can now find the latest updates at our central Autovista Group website, home to our pan-European brands including Autovista, Eurotax, Glass's and Schwacke.

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You can still find our in depth market reports here on the Autovista Group Market Reports site. Keep checking back as we have an exciting new report due to be launched shortly!

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