"A change in driving habits has made automatics more appealing, due to their ease of use and fuel efficiency. The rise in sales for electric vehicles, which are almost always automatic, ahead of the 2030 ban on new petrol and diesel vehicles has also significantly contributed to the demand. However, automatic vehicles tend to come with advanced features and parts which cost more to buy and fix, pushing up the cost of insurance."
"Although drivers with a full UK manual licence can drive an automatic vehicle, many drivers are now opting for an automatic only licence as the next generation of motorists start to learn in automatics. The already high number of new motorists choosing to take lessons in automatic cars continues to spike, with reports of a 123% increase in a year, a trend which is spurred by the increasing popularity of electric and hybrid vehicles and a bid to avoid congestion charges and green taxes."
Automatic cars rose from about 16.3% of vehicles in 2014 to 29% by the end of 2024. Electric and hybrid vehicle popularity, plus a 2030 ban on new petrol and diesel cars, has increased demand for automatics. Automatics often include advanced parts that are costlier to buy and repair, increasing insurance premiums. Average insurance between April and June was £696 for manual licence drivers versus £1,296 for automatic licence drivers, an 84% difference. New drivers are increasingly learning in automatics, with a 123% rise in lessons and more taking automatic-only licences.
Read at London Business News | Londonlovesbusiness.com
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