car insurance low mileage

car insurance low mileage
In hot pursuit of the holy grail of modern motoring
As a rational academic economist about to choose a new car, I might be expected to be looking at a Tata Nano if I’m worried about minimising my capital investment, or an 85 mpg Smart car if I’m more concerned about fuel economy, or a zero-emission Nissan Leaf if it’s saving the environment that clinches the deal. But my prime concern is depreciation, or how to avoid it altogether, and because I …

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No matter what exactly are we planning to buy, all of us have a tendency to discover the cheapest possible solution for our requirements. So, the very same applies to purchase Automobile Insurance.

car insurance low mileage

car insurance low mileage
My insurance, want to ‘write my car off’, But the Repairers cost is less than the insurance settlement figure.

The Car is a Peugeot 206 1.1 style, 5 door, 02 plate with 25,000 miles (low mileage for age).

Insurance have just offered £3300, (and seem reluctant to increase this first and only offer) Cost of repair £2448.33 excl VAT (2876.79 incl VAT, which, minus my £220 excess comes to £2656.79)

So, My questions i would like to ask everyone is….

1. I would like my car back, so can i insist on it being repaired?

2. Is £3300 a good offer? (similar car found on auto trader was £3695, with the only difference being electric windows and 35,000 miles on clock)

Many thanks

Nope…your insurance rules……

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low mileage car insurance

low mileage car insurance
Money-Saving Insights and Tips: 19 New Resources to Take to Heart (and to the Bank)
In this week’s roundup, we’ve got myths to debunk (about used cars, coupons), things to avoid (absurd kitchen gadgets, preemptive brake jobs on your car, going into debt from calling psychic hotlines), and ways to trick your brain—and your belly—into thinking you’re consuming more, thereby helping you eat (and spend) less. 3 myths of used-car [...]

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