Car insurance news

Fancy a new car and new car insurance policy for a new year?

If you didn’t treat yourself this Christmas or receive a new car in your stocking from Santa then you may be planning to buy a car in the new year. Research conducted by TNS Global has revealed that 2005/2006 looks to be the time to buy a new car.

7.3 million members of the British public intend to purchase cars between October 2005 and March 2006. This is a significant rise from the previous six months which indicated that only 5.4 million of us were planning on buying a car.

It seems that we could be spending a staggering £58.5 billion on our motors with an average spend of £8,014 each. However, 7.3 million consumers will spend over £10,000 on their car and 407,000 aim to spend over £21,000.

2.2 million of car buyers will be visiting show rooms to drive away new cars and 5.1 million will be purchasing second hand motors. Either way it is important to ensure that you have a good car insurance policy.

Many car dealerships will offer free car insurance for the first few months with new cars but after that it is down to you to find the best motor insurance deal.

Also, when buying used vehicles it is important to check it over thoroughly to make sure that it is safe to drive and to ensure that your vehicle insurance will cover you for any eventuality.