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Car boot sales 'more popular than ever'

The British public's fondness for car boot sales shows no signs of abating, as they offer both a place to pick up bargains and an easy way of making money.

According to research from Halifax Home Insurance, 12 per cent of the population has made a combined total of £890 million from items originally bought at a car boot sale, while 35 per cent of Britons regularly sell items at the meetings.

However, the insurer also warned shoppers against making impulsive purchases from car boots, as 30 per cent of people reported spending money on electrical goods which turned out to be faulty.

"Britons like nothing more than snapping up a bargain and with all those TV programmes devoted to turning trash into treasure, more Britons seem to know what they are looking for," said Vicky Emmott, senior manager of underwriting at the firm.

"If you do happen to pick up a bargain it's worth notifying your insurer to make sure it is covered against any loss, theft or damage," she added.

Direct Line recently stated that property owners need to "reassess" their contents insurance when bringing new valuable items to keep in the home. Insurance costs can be made more manageable with a personal loan.

See how much you could borrow when you apply for a loan with Lombard Direct.

12/09/2007 17:02:09

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