In news that might surprise many people, it has emerged that thousands of luxury cars are being seized by Police in the West Country.
The reason? Because they are uninsured. Can you believe that? These kind of cars, and we are talking about Bentleys and Ferraris here, sell for thousands of pounds and then the owners either can’t afford or just don’t want to insure them.
It’s good that Police are starting to get tough on these car insurance dodgers, and I hope that other places around the country follow suit and do the same.
Why should everybody else have to pay car insurance but then a few think they are above the law? It doesn’t matter if you have a £1000 Fiesta or a £200,000 Ferrari, the message sent out by Police here is simple…you must have car insurance or they will take it away from you.
What happens when they are seized? Basically one of two things. They either get sold at auction where some lucky bidder will get a luxury car at well below market value, or they get scrapped, where that brand new Bentley becomes nothing more than a bit of metal.
The figures released by West Country Police show that 3700 luxury cars have been seized so far in 2016, and experts are predicted that figure could easily reach 5000 by the end of the year, if not more.
It seems the message is clear here…insure your car or it will be gone, no matter how much it is worth or who you are.
There really is no excuse for not having insurance, so if you are reading this and don’t currently have a policy, then you should do it right away. Just get a quote and you might be surprised to find out it isn’t that expensive anyway.
Don’t think the Police are making a huge profit from selling these luxury cars though. Once you factor in recovery agent fees, auction fees, and other administration costs, the Police are left with £10 per vehicle that has been seized for not having car insurance.
This shows they are not doing it for money, they are simply doing it because it is the right thing to do.
Recent statistics have shown that London have the most estimated uninsured cars around, with nearly 5.5% of drivers not bothering to take out a policy. Surely the Police in our nations capital must follow the lead of the West Country and take action as soon as possible.