Tuesday 5th September 2006
Sainsburys Bank has claimed that shopping around for car insurance can save motorists a tidy sum.
The firm states, by way of example, that the average motorist could save £126 on car insurance by switching to its current deal.
With the cost of motoring having risen by 7.2 per cent to £2,202 last year, such opportunities should not be missed, the bank claims.
Rising fuel prices and the popularity of expensive car finance deals are thought to be partly to blame for rising motoring costs.
Richard Clark, car insurance manager at Sainsbury’s Bank, commented: "The cost of motoring has been rising steadily but you can keep this in check.
"For example, shopping around for car insurance and your fuel could make a real difference to your motoring bill at the end of the year."
Mr Clark also recommends that people should be prepared to haggle over the cost of a vehicle, claiming that between March and August 2006, some 394,000 people said that they planned to buy a brand new car but would not argue over the price; costing them up to £1,300.
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