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Writer's pictureAaron Alleyne-Wake

£402 Million Paid Out For New Car Repairs


A study conducted by Accident Exchange shows that over the last 12 months almost 10% of brand new cars were involved in car accidents and were in need of repair. On average the 57th day is the most likely day to have a crash in your new sparling car. So if you have crossed that threshold then breathe a sigh of relief, but if you are yet to reach that day then I suggest you be extra careful.

The study shows that 32% of the 15 and 65-plate cars were crashed within just two months of ownership. Ouch. The average cost of £2,050 is also a hard sum to swallow, meaning that the total cost of repairs is a bank-busting £402 million. At least it keeps insurers in business I suppose...

Scott Hamilton-Cooper, director of operations at Accident Exchange, commented: “Any accident is a traumatic and emotional experience for the driver and passengers, but this increases for those driving brand new vehicles usually costing a lot of money.

“Buying a new car is a big deal; the old adage that it’s the second largest purchase most people will make after a home still rings true.

“Whenever a driver reports a crash to us, we make sure they are back on the road as swiftly as possible and that their vehicle is repaired according to strict manufacturer approved guidelines. The vehicle should always be returned to factory finish condition for safety reasons and because it is someone’s pride and joy.”

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