Offset car insurance expense with saving on car finance

Mon, 02 Nov 2009



According to car finance news reports, the booming cost of car insurance will lead car customers to try and save money wherever possible, including on their vehicle finance . With car insurance premiums climbing at the fastest quarterly rate on record, minimising other motoring costs is more important than ever.

The AA recently claimed that average car insurance premiums were soaring at their fastest rate since records begun in 1994. The figures reported included a 5.6% rise in three months to September, an average annual leap of 14%.

One vehicle finance expert at Think Money was reported in motor finance news as commenting: "There are a range of costs associated with running a car - insurance, tax and car finance being three examples - and motorists should do what they can to keep costs down. In terms of car finance, before making a purchase we advise car buyers to speak with a car finance adviser, who can help them to find the best deal for their circumstances."
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