Find the best car insurance deal for your second hand motor
Tue, 22 Nov 2005
Consumers are being advised to shop around to ensure they secure the best car insurance deal for their second hand vehicle.
Recent research by Sainsbury's Bank estimates that 5.06 million people in the UK are currently planning to buy a second hand car, with the average planned purchase price being £4,799.
However, potential buyers are being advised to make sure they fully research the vehicle they plan to buy and be prepared to haggle over price – otherwise they could find they are forced to pay out more in car insurance cover to protect their purchase.
"Before selling or buying any car, it’s important to have a good understanding of its true value," said Valerie Wood, Sainsbury’s Bank.
"This will help ensure that you obtain or pay a fair price and will help with any haggling that you do. A poor understanding of the true value of a vehicle might explain why 47 per cent of people planning to buy a second hand car are only prepared to haggle slightly over the price or not at all," she added. 
© Adfero Ltd
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