Is car insurance cheaper for used cars than new?
I hear a lot that when getting you’re first car that you’re supposed to buy a used car and not a new car because auto-insurance is going to be cheaper. Is there any truth behind this?
Answers to all of your questions about car insurance.
Subscribe via RSS
I hear a lot that when getting you’re first car that you’re supposed to buy a used car and not a new car because auto-insurance is going to be cheaper. Is there any truth behind this?
I was under the impression that my 2003 car had ABS (anti lock braking system) because my car dealer told me so, I bought it used. Accordingly during the online application for my car insurance I said that my car has an ABS System. Pretty soon after that I discovered that my car does not have such a system. I would like to inform my insurance because I do not want to have problems in case there is an accident. But will they cancel my insurance if I tell them the truth?