Money News
Despite growing awareness over global warming and the impact we are having in the environment, research from Direct Line Car Insurance reveals that 1.2 million (16%) motorists who intend buying 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.
With the new car registration plates now out, many motoring enthusiasts have already set their sights on securing one of their favourite brand new vehicles with 22% 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. Despite the recent trends for more retro style cars, the Mini comes at the bottom of the wish list. Conservative choices lead the way on colour with silver/grey topping the list, followed by blue and red.
The research also reveals that despite the London congestion charge, 27% of Londoners are planning on buying a car in the next year, compared to just 20% of those living in the Midlands and 21% of Northerners.
Top tips on saving money when buying a new car, according to Direct Line:
1- Buy a suitable car for your needs and the type of journey you make most often.
2- Cast aside your anti-diesel prejudice - modern engines are smooth, quiet and fast.
3- Look for a used car that is already converted to LPG (Liquid Petroleum Gas).
4- Buy a car with a 1.4 litre engine or smaller, to take advantage of cheaper road tax.
5- 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% cheaper.
6- 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.
7- 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.
03 March 2008 © Moneyextra.com
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