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Motor Trade Insurance News

Car Depreciation

There are numerous factors to consider when buying a car, number of seats, fuel and economy type, mileage, colour and the cost of an insurance policy… the list is never ending. One thing you might be forgetting about as you hand over that hard-earnt money is, it might not be your ‘forever car’, and the chances are, you’re going to want to upgrade in a few years. If the value of your car has dropped substantially in the time you own it (known as depreciation) then you might kick yourself, so next time you shop around the motor trade forecourts consider how well the vehicle will hold its value. more info…

The Cost of a UK Traffic Jam

There isn’t a driver in the world who enjoys sitting in traffic. But whatever your approach to it – swearing under your breath, switching lanes back and forth, cranking up the radio, doing your make up in the mirror, or beeping your horn in frustration (not allowed, by the way!) – there’s something that unites every driver in that queue. The common factor? We are all losing money because of traffic. more info…

Diesel Vehicle Sales on the Slide

2017 was an uncertain year for the UK motor trade, new car sales fell for the first time since 2011, dropping by 5.7%, and this trend is predicted to continue in 2018. The most dramatic drop in sales was for diesel cars, although sales of petrol and electric and hybrid vehicles increased in 2017, the fall in diesel sales was significant enough to drag overall figures down. more info…

How to check car tax and MOT history online

Many aspects of owning a car can be unpredictable. There’s no crystal ball telling you how the price of your insurance policy will change over time, whether anyone’s going to knock your wing mirror off by accident, or the problems a car has before you’ve bought it and driven a few hundred miles. We don’t have a crystal ball, but we do all have something that can help us find out whether a second-hand car has had any past problems. more info…

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