Car insurance: Drivers 'could get cheaper cover with the new Fiesta'

Monday, 01 September 2008

Drivers considering buying a new model Fiesta could end up making savings on their car insurance.

Ford claims the vehicle will cost £155 less than the equivalent model from the previous generation.

The manufacturer states savings on annual cover could be around £40, with three models staying in the same insurance group and all the others moving into a lower band.

Meanwhile, the new typical residual value increase is £1,000 – from £700 for the Zetec 1.4-litre TDCi through to £1,175 on the Titanium 1.6-litre petrol.

Ford of Britain's marketing director Mark Ovenden says: "All-new Fiesta is set to take Britain by storm."

He claims customers are already excited about the technology, economy and style the car will offer.

Mr Ovenden adds the news on competitive insurance and residual value is going to make the package look even more attractive.

Elsewhere, Volkswagen has announced it has surpassed Ford to become the third biggest car manufacturer in terms of sales.

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