February 4, 2009
1/5 choose the smaller car
Story link: 1/5 choose the smaller car
The days of driving round in a huge 4×4 for luxury, the in thing to do nowadays, is to buy yourself a city car, which is not only a lot more economical to run, but they are usually in the lower end of the insurance groups, making them extremely cheap to insure.
One in five UK motorists have downsized to a smaller car since the start of the credit crunch, new research has revealed.
Car insurance provider LV= discovered that 19% of drivers have sold their car in favour of a smaller model, with each downsizing motorist saving an estimated £309 on running costs.
Leave a Reply
Related financial stories:
No related postsPrevious: « Snow driving
Next: Premiums to fund holidays »
Visited 1065 times, 1 so far today
