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Old 12-01-2012   #106
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Re: insurance fronting

Quote Originally Posted by SweetEvo19 View Post
No thats not how it works altogether I pay 10k thats including the final payment If i dont want the car at the end I pay 6.5k.
I think he means it'll be worth 2k by the time it's paid off, so you'd be better off getting a 4yr old car for a fraction of the cost.
It's your money though.
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Old 12-01-2012   #107
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Re: insurance fronting

Quote Originally Posted by Eklipze3k View Post
I think he means it'll be worth 2k by the time it's paid off, so you'd be better off getting a 4yr old car for a fraction of the cost.
It's your money though.
True but he thought i would be paying like 16k for a car that costs 9k new, it is nothing like that If its worth 2k i wont be paying the 3.5k final payment and probably not buy another fiat as thats pretty drastic depreciation lol
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Old 12-01-2012   #108
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Re: insurance fronting

Insurance is pure and simply just a money spinner they make up the rules as they go along. Pug insured with me as main driver and GF named was about £960 a year even with 6 years no claims on several policies. Changed it to the GF as main driver less no claims and no other policies and me as named with a statement of 50/50 for use and its' dropped to £450 for the year! I don't get it as the liability is exactly the same as we use it 50/50 and made that clear

Don't get me wrong I am not complaining at saving over half the money - but WTF!!!!!!!!!!!!
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Old 12-01-2012   #109
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Re: insurance fronting

I tried that too as we use the car equally but it was dearer because she had no no claims bonus.

Weird.
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