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London's love of big engines 'may increase car insurance'
  
13th December 2008
0 comments 0 comments | 655 views 655 views
  

Londoners may find that they are paying more for their car insurance than others as they are more likely to own a vehicle with a large engine, it has been found.

Experian discovered that although the sale of second hand 4x4s is down across the UK, in the capital numbers have increased by 9.4 per cent.

It was also revealed that in Greater London sales of luxury, executive and upper medium cars did not experience as much of a downturn as the rest of the country.

Kirk Fletcher, managing director of Experian's Automotive division, said: "It is interesting to see that London is still the home of the most ‘die hard' fans of 4x4s.

"Price consciousness is featuring more heavily for car buyers elsewhere and the more expensive to run cars are seeing a downturn in sales," he added.

A recent survey conducted by AXA found that British motorists are among the safest in Europe.

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