Tesco Finance has introduced a range of vehicle warranties to its list of products, with prices starting at less than GBP10 per month.
The new Tesco Finance car warranty products enable customers to protect against car repair bills and can be used on most cars up to 10 years old, with mileages of upto 100,000 miles. The warranties cover most main mechanical and electrical problems and comes in three variants – starting with Value, then Standard and on to the Tesco Finest option.
Customers can now rely on Tesco Finance for peace of mind in yet another area of financial management and with the cost of car repairs rising as they grow more sophisticated a vehicle warranty product makes a lot of sense.
Elephant Insurance have been asking Mini drivers to compare their current insurance deals with what Elephant can offer.
The online insurer are making the suggestion because of the recent price reductions on the Mini, with new models enabling Elephant to re-band some of the popular cars, leading to potential savings of ten percent or more.
A couple of specific examples are the Mini One Sidewalk, which is now in group six compared with its previous group seven rating, and the Mini Cooper Sidewalk, now a group nine car rather than group ten.
The new Mini has been a highly successful seller since its launch, and these new classifications are sure to help it maintain its popularity, especially with younger drivers who appreciate the style of the Mini and can also appreciate the savings they can now make on their insurance premiums with Elephant.
A study carried out by esure car insurance has found that younger drivers are more likely to buy an environmentally friendly car than older drivers.
Over 80 percent of drivers under 25 would consider using a hybrid, electric or bio fuel car according to the esure survey results, reflecting their attitude to the future of the planet or perhaps their concern at the rising cost of fuel. In fact 20 percent of all drivers said they would think about moving to a more fuel efficient vehicle to save money.
The hybrid and electric cars are certainly cheaper to run than existing petrol models, though initial purchase cost is high. Car insurance premiums are also relatively high due to the cost of any repairs that may be needed. Being new and innovative means parts cost much more than regular models.