The Winter season is upon us and Sixt has an absolutly fantastic offer for all off-road enthusiasts, giving you unbeatable low prices and a guaranteed driving experience.
Example: VW Touareg only £ 90 /day (in case of a rental period of 7 days)
Legal Requirement
By law, in the UK, it is a requirement for all motorists to be insured, so that you have a policy to cover you liability to other road users. This includes injury to others and damage to property. It is an offence to drive your car or allow others to drive it without insurance, and you can be fined and/or sent to prison for failure on producing a valid insurance certificate. This has been law since 1930, and was updated in the Road Traffic Act 1988. Also in order to get you car taxed, the post office will want to see your insurance certificate and MOT before they issue the car tax to you.
Most car owners, especially on newer models, will have a fully comprehensive motor insurance. Should the car be stolen, or damaged beyond repair then the insurance company would pay out some form of compensation. However, the value of car determined by the insurer is based on the trade value. This is usually lower than the retail value. This difference is greater for brand new cars, as through deprecation, the trade value and the retail value could differ as much as 50% to 75% in the first three years. So if a finance agreement was taken out for the purchase of the car, the motor insurance settlement may not be enough to repay the finance.
ABI Group – Association of British Insurers group. Association responsible for assigning a risk for each make and model of car. Each car is then assigned a group from 1 to 20, the highest risk being 20.
Act of God – Natural events that cannot be forseen. Polices may sometimes not cover claims made by such events.
Any driver - Allows any driver to drive the vehicle, not just the named driver. Note that driver must have the policy holders permission and that are legally allowed to drive the car.
Approved repairer – A list of garages that the insurance company requests you have your vehicle fixed with. Typically the vehicle is repaired and the cost is settled directly with the insurance company.
In the UK, there is a legal requirement to purchase car insurance if you own a car. You can face a hefty fine or even face prison if you are found to not have insurance while driving a vehicle on UK roads.
This law was introduced to protect the consumers from large financial losses, as result of an accident where they are liable for to the repair cost of the vehicle they hit. So while the law does not dictate the types of insurance you must take, the insurance policy, must at least, pay for the damage done to another party.
The BMW Hydrogen 7 is the German automaker’s first passenger vehicle to run on both conventional gasoline and liquid hydrogen. Part of BMW’s new “7″ series, the Hydrogen 7 is being marketed by BMW as the world’s first hydrogen-drive luxury vehicle.
The Hydrogen 7 will be a limited series, and only sold or leased to a select group of celebrities, politicians and other influential BMW enthusiasts. With zero to 60 acceleration in just over nine seconds, the Hydrogen 7 is also a performance car. Its 12 cylinder engine is capable of 260 hp, and will run on both standard unleaded gas and hydrogen, giving the car a range of over 400 miles when both the gas and hydrogen tanks are completely full. (more…)
When preparing to purchase a vehicle, the most common dilemma faced is whether to lease the vehicle or buy the vehicle. Both options present attractive advantages, along with some disadvantages. An example of the lease verse buy dilemma can be applied to a vehicle of any value. If you are planning to purchase a vehicle that is worth $10,000 or a vehicle that is worth $60,000, there are two main ways to pay for this vehicle.
Whether you plan to lease or buy, you will most likely be making a monthly payment. If you choose to lease the vehicle, you will be paying a lower monthly fee but you do not own the vehicle. If you choose to buy the vehicle, your monthly fee will be higher, but it will be yours once you complete the payments. When considering both options, it is extremely important to understand the similarities and differences between leasing a vehicle and buying a vehicle.