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Shopping online for cars could save fortunes, reveals insurance company

Thu, 11 May 2006

People looking to finance a new car can save significant amounts of money shopping online , an insurance company reveals.

The savings could mean that prospective car buyers could finance two new cars for the price of one car on display in a showroom.

Statistics from the website insuresupermarket revealed that people looking to finance a new car could save as much as £5,925 by comparing car prices online .

Commenting on the findings, Richard Mason from the website said:

"In fact, with the money saved on the list price of a car such as the Subaru Impreza WRZ , you would have enough money left to buy a second car such as a Fiat Punto , a Smart ForFour or a Chevrolet Matiz , all ideal as second cars for a family or as a first car for a young driver ."

He went on to say that although generally consumers are already in the habit of making great savings on financial products, holidays and groceries by shopping online , consumers are less web-savvy when it comes to financing a new car.

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