Car Insurance News from Be Wiser

Motorists Would Go Green If The Price Was Right

Millions of motorists throughout the UK are continuing to reel from the global economic crisis, with predictions that petrol prices could hit 120p a litre, it’s no surprise there has been a detrimental impact on motorist’s vehicle buying habits.

Motorists are beginning to develop an environmental conscience, and are considering going green if the price is right.

Already 2 million motorists in the UK claim to be driving an environmentally friendly car, saving anywhere between £18 to £135. The amount depends on the technical developments of individual ‘eco-cars’ which are still in their infancy, as such the benefits are not substantial enough to temp a higher number of motorists to go green.

More than 21 million motorists are driven by financial incentives and would consider converting to a green or low-emission car if the price was more competitive and the Government offered incentives for doing so.

Certainly the Government’s scrappage scheme has attracted new car buyers who only have the money to buy some of the cheaper new vehicles.

One in three motorists plan to switch to a smaller vehicle, suggesting this is more of a long-term change with fuel efficiency touted as a more important factor than the initial price of a new car.

Benefits of going green don’t end with simply fuel savings, the fewer emissions that come from a vehicle the less the driver will have to pay on vehicle excise duty each year. There are even a host of car insurance companies that offer incentives to drivers with an environmental influence including discounts for hybrid car drivers.

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