So you’ve found the perfect vehicle. It fits your needs, as well as your budget. Ready to make the deal? Hold on…one more item to check out. Call your insurance agent. No, not so they can say, “great deal!’, but to pre-check what the cost of insurance will be for your new ride, and how it compares to your current car or truck’s insurance cost. Give them the vehicle identification number (VIN), if possible, so they can give you a firm price. You might be pleasantly surprised – or totally shocked.
I’ve seen it all…
Sometimes, brand-new cars are actually cheaper to insure than older cars, and sometimes quite the opposite!
A certain year and model of a respected car maker has poor Insurance Institute for Highway Safety crash test results and costs twice as much to insure as the same model – one year newer – after a re-design.
A 4-cylinder version of a certain popular model costs quite a bit more to insure than a 6-cylinder version of the same car!
You don’t necessarily know all these things when you go to haggle with a dealer or private seller. But now you know who you can turn to for help before you seal the deal, potentially saving you hundreds and hundreds of dollars.
Don’t let the excitement of buying a car or truck be ruined by an unexpectedly higher bill from your insurance company after the fact. Let me know if I can help you with your research.
David Yates Insurance Agency
1881 General George Patton Dr, Suite 103
Franklin, TN 37067
Phone 615-778-1816 Fax 615-778-1817