One-third of cars present a risk, says motor insurance firm

Posted :14-05-2007

One-third of used cars currently on the road have a history which could put the driver at risk of financial loss or an accident, new research has revealed.

According to More Than, which provides car insurance, the safety and value of one-third of second-hand vehicles could be compromised by an "adverse history" and potentially cause the new owner to lose out.

The survey found that some cars had been previously written off or declared unfit - but been sold to an unwitting buyer who is unaware of the legal and safety implications of such a vehicle.

"It's frightening how many vehicles on the road today have a questionable past," said Mike Holliday-Williams, More Than's managing director, adding that potential buyers should carry out thorough checks on a car before making a purchase.

Motor insurance companies may consider factors such as the make and model of a vehicle when calculating premiums, which could be an important factor for buyers when choosing a new or used car.


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