Auto Insurance Before Buying A Car Essay

458 Words2 Pages

Buying a car for the first time is not for the faint of heart. Considering that cars are depreciating assets, no amount of research, negotiation and patience is too much to guaranty the wisest decision. If you're on the verge of buying your first car, try keeping an open mind and consider all the available options before committing because a hasty decision can cost you much more than a big chunk of wasted money. Here are some valuable tips to peruse. Equip your car with a small black box Ideally, you should consider auto insurance before purchasing the car because premiums can vary wildly between different models. Provided that you're a conscientious driver, telematics insurance is a very practical way to pay lower premiums. Data collected by little black boxes helps insurers to draw an accurate picture of your driving habits. This is a valuable complement to your driving record, age and other factors when it comes to risk assessment. Which means that you'll be eligible to pay for significantly lower premiums simply by virtue of driving safely and economically. Significant discounts are virtually guarantied if you're a young male. Although you lose some degree of privacy, it really pays off economically. Incidentally, you also contribute with a smaller carbon footprint. …show more content…

The Chevrolet Sonic, Chevrolet Cruise, Buick Regal, Nissan Frontier, Mercedes-Benz C-Class, Dodge Charger and BMW X1 are buyer's remorse magnets. A large-scale study conducted by iSeeCars uncovered grim sales statistics for these seven vehicles: roughly one in ten owners sells the new car after only one year. This is an incredibly high percentage of unhappy car owners compared to the average - three in one hundred. Carpool your buyer's excitement out of