Motorbike Insurance

Credit crunch not affecting motorbike sales

So petrol prices are high, are houses are worth nothing, everyone is living in negative equity, you can buy a bank for a quid and we are all gripped by the fear that the whole economic World is collapsing around us. But its not all doom and gloom.

Oh no. It seems that the current environment in which we find ourselves living in has forced the volumes of motorbikes being sold to go through the roof. According to figures from The Bike Insurer, the World's first bike insurance comparison website, the sales of bikes have gone up circa 20% in 2008.

According to the stats we've seen, whilst new bike sales are reducing, used bike sales are flying, which has some sort of logic to it given that people are more reluctant to buy a new bike on finance and that new bikes are dropping in value more than ever within the first 6 months of ownership.

Whilst we're on the whole subject of the credit crunch, why is it called a credit crunch when its a recession?

You can put lipstick on a pig but its still a pig. All we are doing here is taking the word 'recession', placing it in a short skirt, giving it some dark glasses and now its a 'credit crunch'. Why is the Government trying to act all smart and call it a different name. Its like the Chinese Rover. At the end of the day its a 10 year old design of a car that was rubbish when it was made. Now its just even more rubbish!