Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Credit card charges: Motorists changing their cars to cut costs, research finds

A number of motorists in the UK who are looking to avoid credit card charges may be thinking about trading in their current car for a more fuel efficient model.

According to research by moneysupermarket.com, 55 per cent of drivers say they will opt for a more fuel efficient car the next time they buy a vehicle in order to combat rising petrol prices.

Pete Harrison, car insurance expert at the price comparison website, said: "It is not surprising so many motorists are rethinking their vehicle choice … Our analysis shows car insurance prices increased by 31 per cent in 2010, and we have seen similar rises in 2011.

"This, coupled with rising fuel costs, is creating extra pressure on household spending, and forcing many families to rethink their motoring needs."

The research by moneysupermarket.com showed that 38 per cent of drivers will look to buy a car that is cheaper to insure, while around a million motorists said they would sell their car altogether.

John Fieldman

Having worked in the city for 19 years, John's main focus is interest rates and corporate finance.
 ADNFCR-2776-ID-800632946-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide