Vehicle Scrappage Scheme and Your Car Insurance

Now that Chancellor Alistair Darling has introduced a £2,000 vehicle scrappage incentive scheme for drivers to trade in their old cars for newer alternatives, what affect could taking up the offer have on your car insurance?

There are many economical benefits to driving a new car. Though the retail price is likely to be higher than a used vehicle, new cars will usually require less maintenance and be more fuel efficient meaning that you will pay less at the pump. (more…)