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New ‘flash-for-cash’ insurance scam warning
Fri, 16 Aug 2013Newspress Motorists are being warned about the rise of a new type of ‘crash-for-cash’ insurance scam dubbed ‘flash-for-cash’, which involves criminals flashing their headlights to let innocent victims out of side roads, then driving straight into them. Flash-for-cash incidents are said to be costing the UK car insurance industry £392 million a year – which means the scam is adding as much as £50-£100 to every ordinary driver’s insurance policy. Car insurance – scams and mythsMassive car insurance fraudsCompare car insurance As with better-known cash-for-crash schemes, where a criminal deliberately brakes their car for no reason so the person behind crashes into them, the major problem with tackling this kind of crime is that it’s difficult to prove.
European car sales down 9.6% Jan 2013. VW Golf sales down 17.8%
Mon, 18 Feb 2013Car sales in Europe continue to decline with sales down 9.6% in January 2013 and the top-selling VW Golf down by 17.8%. In fact, the UK was the only top five market to increase sales, with Germany down 8.6 per cent, France down 15.1 per cent, Italy down 17.6 per cent and Spain 9.2 per cent. Other notable drops included the Netherlands which saw a huge drop of 30.4 per cent, partly driven by tighter emission boundaries on company car taxation.
Half of all used cars go wrong ‘within a month’
Tue, 05 Nov 2013With over seven million secondhand cars purchased in 2012, you’d expect one or two to develop a problem soon after purchase. But rather shockingly, as many as half of all used cars sold develop faults within a month of changing hands. That’s according to a report by the Citizens Advice Bureau, which helped with over 84,000 problems with secondhand motors in the past 12 months.