1990s models ‘offer good deal for car insurance policyholders’
Posted on April 20th, 2010
Since the end of the scrappage scheme, late 1990s models have been emerging onto the used vehicle market and providing good deals for car insurance policyholders with a tight budget, according to an expert.
Independent motoring guru Honest John said reports that vehicles from this period had “all but disappeared” as a result of the scrappage incentive had been “greatly exaggerated”.
“You couldn’t move for late 1990s cars at the auction I went to on Monday and there were plenty of bargains to be had,” the expert commented.
For example, a 2000W Peugeot 206 1.4LX three-door was snapped up by a car insurance policyholder for £650, £300 below the listed trade price.
Honest John advised buyers shopping at auction to give any cars they are interested in a “good once-over” in the marshalling yard.
Recent research by Carmony.co.uk found that one in five car insurance policyholders do not test drive a model before they buy it.
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Tags: Car Insurance, Car Insurance Policyholders, Insurance, Insurance Policyholders
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