The UK was one of the most competitive markets for the auto industry in 2019, making it ideal for companies to launch new v read more
Selling your car - insurance
08/07/2020 Mercedes-Benz A180 Hatch AMG Line 7G-DCT Auto - Save 15.6% - £4,431 off list price - £23,924
08/07/2020 Toyota Corolla Hatch 2.0VVT-h 184 Excel CVT Auto - Save 17.1% - £5,124 off list price - £24,896
08/07/2020 BMW X3 xDrive 20i M Sport Tech Auto8 - Save 16.4% - £7,530 off list price - £39,505 with cash purchase, or £38,505 including deposit contribution APR 3.9%
08/07/2020 Audi Q3 40 SUV quattro 2.0TDI 190 S line STron Auto7 - Save 15.5% - £6,243 off list price - £36,072 with cash purchase, or £33,942 including deposit contribution APR 4.9% with 3 months payments free
When you sell a car you must notify your insurer that you no longer own the vehicle.
Your insurer may charge you a cancellation fee or amendment fee if you are transferring your policy to another vehicle.
The insurer will usually pay a refund based on remaining days of the policy that have been paid for up front. However the calculation will depend on the insurer.
If you cancel a policy mid-term, you may not accrue any no-claims bonus for that year.
If you are planning to transfer your insurance to another vehicle, it is worth getting quotes from other insurers to allow you to compare the competitiveness of their quote for the new vehicle and potentially negotiate a lower rate.
Most insurers are able to make some discount on the initial quote if you can evidence a cheaper comparable quote.
