Volkswagen, depreciation and cheap car insurance


Volkswagen cars are designed and built to keep depreciation down and achieve the lowest possible insurance costs. Car insurance is an expensive necessity and depreciation is an expensive cost when it comes to owning a vehicle.


What is depreciation and how are Volkswagen keeping it down?


Depreciation is the term used to describe the loss of value your vehicle will experience once you drive it from your showroom or dealership. All vehicles experience depreciation over their lifetime, and a few months or years down the line, your vehicle will be worth less than it originally cost.


In an effort to keep depreciation down, Volkswagen build their vehicles using advanced engineering, making them more sturdy, then their line are tested against many different conditions before they go on to be decked out in essentials like Electronic Stability Assist which help keep the vehicle’s value high.


Volkswagen and cheap car insurance


For low premiums, a cheap car isn’t necessarily the best option. Insurers look more favourably on tough, well engineered models when calculating the risk involved in covering the driver. Volkswagen’s range of vehicles have some of the lowest car insurance premiums, with the up! Ranging from groups 1E to 4E, and the Polo and Golf starting from groups 3E and 7E respectively. The VW Group keeps customer’s premiums to a minimum by using precision engineering, creating the highest standards of safety equipment in order to protect occupants of their vehicles. Advanced security features are also added in order to deter thieves from targeting the vehicle in the first place.


The equipment in Volkswagen vehicles aren’t only designed to stand up well to damage in the event of a crash, but also prevent accidents in the first place. Volkswagen has set the standard in the city car market by including Electronic Stability Control on nearly every version of the up!, while other groundbreaking active safety features such as the City Emergency Braking system can be added as great-value options. Move up the range, and the suite of safety features becomes even more comprehensive. For example, the cruise control system on SE-spec Golfs upwards includes Automatic Distance Control, which uses sensors to monitor the distance to the vehicle ahead and brake the car to a standstill if necessary. And if you do have a crash, a post-collision braking system helps prevent the car from being involved in a secondary accident.


Such active safety kit has been proven to bring premiums down, indeed, the Association of British Insurers has called for all manufacturers to install systems like this. The ABI’s Scott Pendry has said: “Fitting this technology as the norm will not only further improve road safety, but will significantly lower insurance costs.” And it works in tandem with features like Lane Assist, Side Assist and Front Assist to provide reassurance for drivers on fast A-roads and motorways.
Five-star Euro NCAP crash test ratings across the range prove how much protection every model provides, whether it’s from its array of airbags, four on the up!, six on the Touareg and seven on the Golf, or the crumple zones engineered into the design. If your Volkswagen is damaged, whether by vandals or in an accident, it’s designed to be simple, and therefore inexpensive, to repair. Parts can be removed and replaced quickly and easily, and this means every Volkswagen will be viewed as less of a risk, and that’ll translate into cheaper car insurance premiums.


Though Volkswagen vehicles may lower premiums by a small amount, other factors will be considered such as your status as a driver and if you’ve been in any accidents before.

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