Wednesday, August 3, 2011
Buying a Car
There's more to buying a car than picking the paint color and upholstery. That's the fun part. Truth is, buying a car is a major purchase, and if you're financing your car with an auto loan, it's a significant financial commitment that will impact your finances for years to come.
Whether you're buying or leasing, there are important insurance considerations to take into account. Depending on your lease, you may be required to purchase more coverage than you might have if you were buying the vehicle. Also, some cars are simply more expensive to insure than others, whether because of safety records, theft statistics, or even how you plan to use the vehicle.
If you're considering several models and can't decide, your Farmers agent can help you make an informed decision. Contact them for coverage price comparisons for the models you're interested in. A higher -- or lower -- insurance coverage premium may make the decision for you!