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Scrappage helps UK car sales in October
Thu, 05 Nov 2009Scrappage Scheme sales accounted for 20% of sales in October Despite our reservations about the Scrappage Scheme, it does seem that it has inspired buyers in to showrooms in the last few months. And October has recorded a year on year increase of 31.6%, although total car sales are still down over 12% on 2008 figures. October saw a big rise in new cars sales to private buyers with sales rocketing by 86%, and there were rises in the fleet and business market.
Car insurance premiums 'too high'
Tue, 17 Dec 2013CAR INSURANCE premiums are too high and should be reduced through far-reaching reforms, the competition watchdog said today. The Competition Commission believes that too many drivers are footing the bill for unnecessary costs incurred during the claims process following an accident. These costs are initially borne by the insurers of at-fault drivers, but they feed through into increased insurance premiums for all drivers.
Online driving licence to reduce insurance costs
Thu, 09 Jan 2014First the tax disc, now your driving licence, as government plans to put driving records online are set to make the paper counterpart licence obsolete – reducing your car insurance premium in the process. By creating an online record that insurance companies can easily check, ministers and the Driver and Vehicle Licencing Agency (DVLA) expect insurance costs to fall, as insurers will be able to exactly analyse risk rather than hedging their bets. On Bing: see pictures of the counterpart driving licence Tax disc to be scrapped after 93 years At present it’s tediously time consuming for car insurance companies to check motorists’ driving records with the DVLA, which means most take people at their word about the number of penalty points they have.
