A recent report conducted by DoneDeal looked at how quickly a new car loses its value in the first three years.

It made the following calculations:

• Diesel - 43%
• Electric Vehicle - 41%
• Hybrid - 26%
• Petrol - 24%

However, DoneDeal has since admitted its research was flawed, as it didn't factor in subsidies for EVs.

EVs in fact lose value at a similar rate to petrol vehicles.

Michael Sheridan discussed this in our motoring slot, and also explained more about the new Vantablack BMW and why it is considered the darkest possible colour.

Listen to the interview in full by pressing the play button on this page.