Car Worth Vs. Price

February 15, 2018 · Posted in General Articles on Car Insurance · Comment 

Almost all of the car dealerships in Houston highlight the cost of a car as the selling point of a particular vehicle. The gimmick is simple, they place the Manufacture Suggested Retail Price (MSRP) on the window of the car to make it seem more expensive than it is. The MSRP is a suggestion but also a deception, be careful when a dealer claims he’s saving you money by showing you this price.

Many car dealerships in Houston will then use the “cushion” they have on the cost to make you think you are special when they drop it by a few thousand dollars.

The right way to shop for a car is to breakdown the value of what it’s worth over it’s lifespan. This is done easily by calculating the price you pay for the car now, then adding all of the maintenance costs you’ll pay over the next few years. For example, let’s say you buy a 2002 Honda Civic ES with 80,000 miles for $6,500.

You have to tally in the cost of repairs. We can estimate this based on the health of the car. Categories that measure a cars condition are: engine components (such as the motor, radiator, alternator, air filter, battery, etc); tires, exterior components like windshield wipers, headlights, taillights, suspension, brakes.

It’s very likely you would spend about $3000 in repairs over a 4 year period with out any unreasonable factors increasing the chance of breakdown if the vehicle is in “okay” condition, then. That means the value of the car is only $3,500 over a four year period. To clarify, if you bought a vehicle for $9,000 and it had little to no repairs in a Four year period, then you are getting a better deal on your car.

Car shopping on price alone is the single biggest problem with unhappy car customers. When you shop with value in mind, you will have a better idea of what you will really be spending and it will help you determine whether you are getting your money’s worth!

 

Waht to ask car insurance company when discussing repairs to my car after accident?

January 24, 2018 · Posted in FAQ · 1 Comment 
car insurance
Allan N asked:

I was involved i car accident with the other driver taking the blame. My car is damaged and the other drivers insurance company will be contacting me regarding my car. What should I ask them? I am planning to ask about a hire car, who will repair my car or declare it a write off, can I claim for travel expenses whilst without my car and also is it okay to continu driving my damaged car before it is assessed by them. Is there anything else I should ask?

Auto Insurance Rates in California

January 18, 2018 · Posted in General Articles on Car Insurance · Comment 
auto insurance
Auto insurance have been discovered to be one of the ways of saving money in California. There are a lot of auto insurance market places online in California where you can check and compare auto insurance rates so as to get the one that suites your budget. When you compare these rates from various California auto insurance companies, you will get a low rate and additionally get an auto insurance policy which suits your desire.

California auto insurance rates was averagely $950 which was paid for insurance premium in 2003. Several people believe that California auto insurance companies and other state regulators fixed these rates, but really, there are discounted and affordable rates that are accessible in California.

California auto insurance rates are expected to decrease in 2007 for the first time since 1999. You can be on the look out for a decrease of about 0.5-1% in auto insurance rates from 2006. Competitive and lower rates have been brought directly to customers by different California auto insurance companies.

Even auto insurance rates have changed within the state of California over the last few years. If you compare the increase in rates since 1999 which was $771, they have increased with about 23.22% in the last 4 years. You can start saving money now, rather than paying high auto insurance premium.

Importance is not placed on the fact that you have a clear driving history, or you are a bad driver, we place importance on getting you the best and affordable rates in California.

Being aware of the increase in the cases of auto thefts and car accident, we are ultimately taking responsibility that all the auto insurance information you need are available to you first hand. In several states you can get an auto insurance quote, or even buy policies online, all you need to do is enter your zip code and discover how much you can save.

If you are looking for an auto insurance company in any state, all you need to do is click on the links on this pages, and enter the information that are required. Also low auto insurance rates and quotes can be gotten from the same links, but you are still required to enter in appropriate information.

Will my car insurance rates go up in a single car accident?

January 18, 2018 · Posted in FAQ · 6 Comments 
car insurance
david H asked:

Have had a perfect driving record for 20 years, last week on my way to work, hit black ice, and car overturned in the ditch – car was a total loss. Do you think my rates will rise? No injuries or property damage, just a totalled car from the crash. Have been with the same insurance company with no previous claims the past 10+ years.

Will my car insurance rate go up if I fix my own car?

October 19, 2017 · Posted in FAQ · 4 Comments 
car insurance
emailfordon asked:

I caused an accident; hit them from behind. My full coverage insurance is paying for the person I hit and told me to go get estimates for my car too. I know I will have to pay my deductible for my repairs, but will it affect my insurance rates in the future if I repair my car via my insurance? Or should I just get it fixed with my own money?

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