Posts Tagged ‘car scrappage scheme’

Car scrappage scheme not ideal for more expensive cars

Monday, June 1st, 2009

Motorists keen to take advantage of the government’s car scrappage incentive scheme have been advised the initiative might not offer the best deals for everyone.  According to Which? Car, people interested in a city model or a supermini may well be able to secure a bargain by taking part in the programme.

It stated that people looking to buy a vehicle with the list price of less than £10,000 can expect to make a saving of at least 20%. However, it warned this might not be the case for bigger models.

Editor Richard Headland said that “on more expensive cars, shop around for bigger scrappage discount or check if buying second-hand is cheaper”. One cash for bangers deal highlighted as being good value for money by Which? Car is the Hyundai i10 currently available for £ 4,995.

As well as getting the best scrappage scheme bargains, people buying smaller vehicles may qualify for cheap car insurance quotes.

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Drivers advised to purchase British

Sunday, May 24th, 2009

The drivers who are expecting to renew their car insurance over forthcoming weeks after buying a new car through the car scrappage scheme have been advised to buy British.

Nissan also stated that taking part in the initiatives of the government will be offering individuals about 2,000 dollars off on all Sunderland manufactured autos if they vend in a vehicle aged between 8 and 10 years.

According to Paul Willcox, the managing director has also remarked that the organisation’s extension to the program of government will have numerous benefits.

He further also stated that, “it would help take older, highly polluting vehicles out of circulation and give the British auto sector a helping in tough economic conditions”.

The motorists who have saved their amounts by participating in Nissan’s scheme may find that they can easily cut costs further.

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Drivers Challenged To Beat Hamilton

Sunday, May 3rd, 2009

Motorists have been challenged to test their mettle against one of the greatest grand prix drivers of the age, Lewis Hamilton. Vodafone Mclaren-Mercedes, Hamilton’s Formula One Team has joined forces with the Mobil 1 lubricants to launch an online racing game entitled Will You Be The One?

If you are looking to utilise the car scrappage scheme to purchase a new vehicle, then why not compare car insurance with the best car insurance supermarket and save money on your car insurance quotes online.

The game includes four stages, each of which tests a skill essential to grand prix driving.  These include technical knowledge exams, memorizing of the circuits used for the races, reaction time tests and a chance to drive a virtual model of Hamilton’s car around the circuit.

Lewis Hamilton said that “Formula One is a sport that demands high performance from its drivers through the ultimate mental and physical tests”.

The man himself should know-while many 23 year old drivers spend their time worrying about things like finding cheap car insurance quotes or getting the best price for petrol, Lewis Hamilton is concentrating on winning world championships.

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Scrappage Scheme is a “great deal”

Friday, May 1st, 2009

It has been claimed that the car scrappage scheme aimed to encourage the purchaser of greener cars is a great deal. Skoda said customers can benefit from the deal, which is set to give up to £2,000 to those who send their old vehicle to the scrap yard and buy an eco-friendlier replacement.

It described the initiative as “positive” because it will help stimulate demand for new motors.

Robert Hazelwood, brand director of Skoda UK commented that “Overall, it’s a great deal for the customers-helping more people to get into modern cars that are safer, greener and more economically run”. Robert also said that “We look forward to understanding the detail from the government as soon as possible”.

The discount scheme was unveiled as a part of the Chancellor of the Exchequer Alistair Darling’s 2009 Budget.  It is set to run from mid of May of this year until March 2010, although this depends on how long the money set aside for it lasts.

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New Mazda models could save motorists money

Saturday, April 25th, 2009

Increasing numbers of drivers may start looking for cheap car insurance quotes for a Mazda model after seeing the latest additions to the manufacturer’s range.  Two new Mazda 1.6D Sport Diesel vehicles have joined the company’s line up and according to the group they offer excellent performance and fuel economy. Also with the launch of the UK car scrappage scheme over the hill, buyers will be able to save up to £2000 off the cost of a new Mazda.

In terms of power, the models are capable of accelerating from zero to 62 mph in 11.4 seconds. Meanwhile, the motorists may find the vehicles which can help them save money at the pump as they offer urban cycle fuel consumption of over 50mpg. Environmentally aware drivers may also appreciate the fact that the cars release 112g/km of carbon dioxide.

This could also save buyers cash as the models fall under the £35 per year road tax band. Mark Cameron, sales and marketing director said “It is naturally sporty choice for supermini car buyers”. Drivers opting for smaller vehicles may also find it easier to secure cheap car insurance.

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Helphire proposes to increase 50 million Euros with share issue

Thursday, April 23rd, 2009

Helphire Group, a renowned car accident management corporation working with UK motor and insurance companies has announced plans to increase 50 million Euros by issuing re priced new shares.

This group will issue about 151 million Euros new shares at the rate of 0.33 Euros for each share in a bid to boost capital profitability. The existing customers holding the shares of group will be given preference when they are willing to buy new shares at new cost.

Another major reason behind this re issue is that Halphire has been recently hit by a considerable decrease in mishaps claims with pretax proceeds dropping by 86 % to about 3 million Euros for six months up to December 2008.

For the best deals in car insurance, why not visit the UK’s number one car insurance supermarket and compare quotes today.

In other latest news, Darling introduces car scrappage scheme for the UK.

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