Van Insurance News from Be Wiser

Secondhand car market 'to brighten up in 2009'

2009 is shaping up to be a brighter 12 months for the secondhand car industry than this year, according to experts.

Writers at EurotaxGlass's have stated that commercial vehicle dealers can look forward to a better year in terms of sales in 2009 over 2008 - a period riddled with low consumer confidence due to the credit crunch.

And a lack of vehicle sales could be accompanied by a fall in the number of car insurance policies being sold, as fewer motorists will be looking for cover.

The market will be in better shape in 2009, commented chief commercial vehicle editor at EurotaxGlass's George Alexander.

"Providing volumes do not grow too much in a sluggish marketplace and with the hope that by the start of winter the worst of the country's economic problems are in remission, things could look more promising by spring 2009," said the expert.

This comes as trading standards officials in Hertfordshire have told motorists looking for a used car to ensure that the vehicle is roadworthy when they purchase it.

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