1. Breakdown Insurance (36)
  2. Car Insurance UK (543)
  3. Credit Cards (65)
  4. Home Insurance UK (321)
  5. Loans UK (139)
  6. Mortgages (174)
  7. Bike Insurance (52)
  8. Pet Insurance (36)
  9. Savings Accounts (133)
  10. Travel Insurance UK (290)
  11. Utilities (42)
  12. Van Insurance (55)
  13. Caravan, Motorhome and
     Campervan Insurance (23)


Archive
July 2008 (41)
August 2008 (49)
September 2008 (52)
October 2008 (49)
November 2008 (56)
December 2008 (56)
January 2009 (60)
February 2009 (57)
March 2009 (54)
April 2009 (53)
May 2009 (54)
June 2009 (60)
July 2009 (57)
August 2009 (57)
September 2009 (23)
October 2009 (24)
November 2009 (16)
December 2009 (16)
January 2010 (21)
February 2010 (14)
March 2010 (15)
April 2010 (19)
May 2010 (18)
June 2010 (17)
July 2010 (20)
August 2010 (20)
September 2010 (22)
October 2010 (30)
November 2010 (24)
December 2010 (32)
January 2011 (28)
February 2011 (29)
March 2011 (27)
April 2011 (28)
May 2011 (28)
June 2011 (31)
July 2011 (27)
August 2011 (27)
September 2011 (25)
October 2011 (24)
November 2011 (31)
December 2011 (29)
January 2012 (25)
February 2012 (27)
March 2012 (27)
April 2012 (25)
May 2012 (28)
June 2012 (29)
July 2012 (27)
August 2012 (16)
September 2012 (14)
October 2012 (13)
November 2012 (3)
December 2012 (11)
January 2013 (14)
February 2013 (14)
March 2013 (15)
April 2013 (14)
May 2013 (14)
June 2013 (14)
July 2013 (14)
August 2013 (14)
September 2013 (9)
October 2013 (8)
November 2013 (8)
December 2013 (8)
January 2014 (5)
February 2014 (9)
March 2014 (9)
April 2014 (9)
May 2014 (9)
June 2014 (9)
July 2014 (7)
August 2014 (6)
September 2014 (8)
October 2014 (2)

Search Articles


Subscribe to RSS newsfeed RSS Newsfeed

This Month's Top Articles
Mortgage lenders continue to cut interest rates
14th October 2014
How to defend your home against burglars
13th October 2014
 

Warranty Direct: Credit crunch stopping people buying new cars
  
11th September 2008
0 comments 0 comments | 1333 views 1333 views
  

People are keeping their cars for longer meaning sales of extended warranties have grown, according to Warranty Direct.

Experts say that because of the credit crunch and pressures on household finances Britons are no longer buying new cars as often as they used to.

In fact, a recent poll by YouGov revealed that one in two drivers admitted they would be holding on to their cars for longer than normal because of financial strain.

Duncan McClure, managing director of Warranty Direct, said that even with the cost of an MOT on an older car, it would still be much cheaper than buying a new model.

"In today’s economic climate, it’s the only sensible thing to do," he added.

Warranty Direct has reported a 28 per cent increase in the number of people requiring mechanical breakdown insurance on four-year-old vehicles.

Some Brits are still purchasing new cars and the credit crunch is being blamed for a rise in the number of people haggling over prices, according to CreditExpert.

However, only 16 per cent of those asked said they would haggle over insurance.

Compare car insurance quotes from lots of websites automatically with Quotezone!ADNFCR-1789-ID-18771049-ADNFCR

This article is intended as generic information only and is not intended to apply to anybody’s specific circumstances, demands or needs. The views expressed are not intended to provide any financial service or to give any recommendation or advice. Products and services are only mentioned for illustrative rather than promotional purposes.


      Print

Related Articles
Drivers warned over safety camera detectors
11th August 2008
AA: Young men pay more for their car insurance
23rd October 2008
Whiplash claims costing insurance industry billions
15th November 2008
London revealed as 4x4 hotspot
25th July 2008
Insurance premiums hit 'struggling' Brits
16th July 2008


User comments on this article


No comments on this article yet.
You can share your comments using the form below




Add your comments about this article:
Name:
Email: (will not be published)
Title:
Comment:
(max 1000
characters)
Security
code:
  (write the code into the box; case insensitive)
(If you can't see the image/code, click here or on the image)
 

QuoteZone Car Insurance