Yearly Archives: 2016
Top Performing Classic Car Investments
There would appear to be an increasing number of people who have been looking for alternative forms of investment in view of the fact that interest rates are so low at the moment resulting in some investing in classic cars. Research has recently been carried out by Footman James to identify the classic cars that have increased most in value … Continue reading
Classic Car Owner Crashes Expensive Bugatti
A few days ago, the Chateau Impney Hill Climb took place in Droitwich, Worcestershire that involved over 200 vehicles of varying makes and models including a 1932 classic Bugatti Type 51 that is estimated to be worth in the region of £1 million. The above event first took place way back in 1957 and it is now attended by many … Continue reading
Classic Cars Allowed To Drive In Paris
Apparently, classic cars that were manufactured in excess of 30 years ago will still be allowed to drive around the streets of Paris despite a ban on older vehicles not being allowed to do so at certain times in the city. The ban came into effect on the 1st July 2016. Older cars registered before 1st January 1997 will not … Continue reading
Why Inform Your Motor Insurer If You Change Occupation?
Nowadays, an increasing number of people not only move jobs from their present employer but also change their occupation as they perhaps look for a new challenge in their working lives. If this happens to you then one of the things that you will need to do is inform the likes of your motor insurance provider and if you are … Continue reading
Car Insurance Premiums Increase In First Quarter Of 2016
According to the Association of British Insurers (ABI), motor insurance premiums have risen in Q1 of 2016. This is disappointing news to all those motorists whether they are insuring a modern or classic car. After all, we could all do without our household expenditure increasing. The ABI average motor insurance premium tracker covering the first quarter of this year has … Continue reading
Is Your Car Classic Or Vintage?
There are some people that think that a classic car is just another name for a vintage car but this is not the case. Let us explain what the difference between them both is. It really is quite simple. A vintage car is a vehicle that was built between 1919 to 1930. A classic car was a vehicle that was … Continue reading
Have You Heard Of Ford’s Heritage Centre?
As you are no doubt aware, Ford has been manufacturing cars for many years – so long that a lot of them can be classed as classic cars. They used to build cars at their factory in Dagenham but this is no longer the case. Instead, the factory now focuses on building engines for some of their vehicles. However, have … Continue reading
Car Insurers’ Administration Fees
Apparently, car insurance companies are permitted to charge an administration fee when you make an amendment to your policy. This could be due to one or more changes in your circumstances such as if you informed them that you had changed your job or should you add someone as an additional driver. Last year, Which? undertook some research into administration … Continue reading
Car Modifications May Affect Your Premium
Most classic car owners probably prefer to retain as much of the original look to their vehicle as possible. However, there are some that wish to make a few modifications either to the bodywork and/or the engine. In the later case, it should be borne in mind that doing this may result in the premium that you pay for your … Continue reading
Further Increase In IPT
It is unlikely to result in a really big increase in premiums but Insurance Premium Tax (IPT) is to go up once more so this will mean that you are likely to be going to pay more for your classic car insurance. It was announced in the budget that IPT is going up by 0.5% to 10% and this is … Continue reading
