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Key takeaways… Standard insurance policies will pay you up to your car’s fair market value when paying for damage losses Fair market value is the assumed value of an item after deducting a depreciation charge You can add a special provision to …→ Read More
Key takeaways… Many individuals believe that having the title to their car is a requirement before they can purchase insurance However, many times you are not required to show your title to the insurance provider to receive coverage Most insurance pr …→ Read More
Key takeaways… When purchasing a car, most dealership financial managers will try to convince you to incorporate a credit life insurance coverage on the auto loan Car credit life insurance will pay off your auto loan in case of death, loss of income, …→ Read More
Key takeaways… At many car dealerships, you will need to show some form of proof of insurance before you are allowed to drive your new car off the lot When you first purchase a new car, you may not be able to immediately add it to your existing auto …→ Read More
Here’s what you need to know… You should work with car dealers to get a good price and do all your negotiation before leaving the house Another source of profit for a dealership is purchasing and reselling your trade-in Remember, you don’t hav …→ Read More