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Telematics discounts tempting young drivers

INCREASING numbers of young drivers are opting-in to telematics-based car insurance in attempt to reduce their premiums. Specialist young driver insurer Carrot has reported a 62% rise in the number of its policyholders choosing to have a telematics device, consisting of accelerometers and a GPS tracker, fitted to their car. The company says that they could save up to 20% on their annual insurance premium, which for the youngest drivers almost always amounts to a discount of hundreds of pounds.

2012 Porsche Boxster arrives in the UK. Price from £37,589

2012 Porsche Boxster - now in Porsche UK showrooms The 2012 Porsche Boxster – and Boxster S – arrive in Porsche UK showrooms today priced from £37,589. Porsche revealed the 2012 versions of the Boxster and Boxster S back in January looking, as you would expect from Porsche, much the same as the previous two generations of Boxster. Despite a familiar look the 2012 Boxster gets a comprehensive makeover with a sharper look thanks to shorter overhangs, a longer wheelbase and a wider track.

Schumacher's old F1 car sells for a bargain £195k

When can you ever call a £195,000 classic Formula One car a bargain? When it was driven by the most successful F1 driver ever, Michael Schumacher. This Benetton-Ford B191 was due to go up for auction with Coys this Saturday 10 August at the Nurburgring, but the car has now been sold ahead of going under the hammer for just £195,000.