Product category:
General insurance
News Release from: Direct Line | Subject: Car insurance
Edited by the Insidemoneytalk Editorial
Team on 03 March 2008
1.2 million* Britons will choose a 4x4
over more fuel efficient cars in 2008
7.3 million** motorists will purchase a brand new car this year Ford will be the most popular brand
Despite growing awareness over global warming and the effect we are having in the environment, research*** from Direct Line Car Insurance reveals that 1.2 million (16 per cent) motorists who intend to buy a car over the course of the next year will purchase either a people carrier or 4X4 'Chelsea tractor' In fact, motorists are four times**** more likely to buy a less fuel efficient vehicle than the more environmentally friendly hybrid or 'eco' cars this year
This article was originally published on Insidemoneytalk on 30 Mar 2007 at 8.00am (UK)
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With new car registration plates out on 1st March 2008, many motor enthusiasts have already set their sights on securing one of their favourite brand new vehicles with over a fifth (22 per cent) planning on purchasing a brand new car within the next 12 months.
When it comes to car brands the most popular brands are still Ford, Toyota and Vauxhall.
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With UK petrol prices hitting a record high at an average of 104.28p per litre* last week and news of a £17 increase to the London congestion charge,
andnbsp; Conservative choices lead the way on colour with silver/grey topping the list, followed by blue and red.
Tony Chilcott, Head of Car Insurance at Direct Line, said, "As a nation, we take pride in our cars and with new car registration plates available in the Spring, March is a popular time of year for people to purchase a new one.
Choosing a more fuel efficient car can limit further damage to the environment, as well as provide financial benefits.
And with ever increasing petrol prices, drivers are always looking for ways to cut the costs of motoring.
If you are buying a new vehicle, it is quick and easy to amend your existing insurance policy.
Direct Line is offering very competitive quotes on brand new vehicles currently." The research also reveals that despite the London congestion charge, 27 per cent of Londoners are planning on buying a car in the next year, compared to just 20 per cent of those living in the Midlands and 21 per cent of Northerners.
Direct Line's Car Insurance top tips on saving money when buying a new car: Buy a suitable car for your needs and the type of journey you make most often.
Cast aside your anti-diesel prejudice - modern engines are smooth, quiet and fast.
Look for a used car that is already converted to LPG (Liquid Petroleum Gas).
Buy a car with a 1.4 litre engine or smaller, to take advantage of cheaper road tax.
Buy an 'approved used' model from a main dealer.
Ex-demo cars often have tiny mileages and are as good as new, but can be up to 30 per cent cheaper.
Tyre pressures must be right - an under-inflated tyre causes resistance, which causes unnecessary wear and tear and increases fuel consumption, as does driving with your windows open.
Find an experienced private specialist to do your servicing rather than paying more at an individual dealer, but make sure they are manufacturer accredited, otherwise you may invalidate your warranty.
Motorists planning on purchasing a new car in the next few months should take time to check their insurance policy to ensure they have the best deal for their new vehicle.
For further details on Direct Line Car Insurance, visit www.directline.com.
Top 5 most popular colours: Silver/grey (26 per cent).
Blue (24 per cent).
Red (13 per cent).
Black (13 per cent).
Green (9 per cent).
Top 5 most popular brands: Ford (12 per cent).
Toyota (9 per cent).
Vauxhall (7 per cent).
Renault (6 per cent).
BMW (6 per cent).
*There are 33,300,000 motorists in the UK (Source: RAC Report on Motoring, 2007).
22% said they would be buying a car this year.
16 per cent of these prospective buyers plan on buying either a 4x4 (8 per cent) or people carrier (8 per cent).
16 per cent of 22 per cent of 33,300,000 is 1,172,160.
** There are 33,300,000 motorists in the UK (Source: Report on Motoring, 2007) 22 per cent of whom plan on buying a new car in the next 12 months.
22 per cent of 33,300,000 is 7,326,000.
***Research conducted by Opinium Research on a survey of 2122 UK adults between 19th and 22nd February 2008.
All information weighted to nationally representative criteria.
****Only 293,040 (4 per cent) of motorists say they will choose a hybrid or eco car in the next 12 months.
Compared to 1,172,160 (16 per cent) of those planning to buy a 4x4 or people carrier.
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