Reader’s Question: I am going to purchase a used vehicle. Do I need to buy the car first before buying used cars insurance? Damon Houston TX You definitely need to buy used cars insurance if the used car will be your first vehicle. In many states, you will need to do this before taking [...]
Reader’s Question: Is it practical to get used car lot insurance for my car dealer business? I am operating a small used car dealership business in our neighborhood, which, thankfully, earns a little more than the break-even. Carl Salem OR From the business owners’ point of view, it might not be that attractive to get [...]
Reader’s Question: I used to work as car salesperson in one of the big automobile companies in Houston. Since my company is greatly affected by the recent oil crisis, I decided to leave. But my passion for cars is pulling me, and so I plan to become a used car dealer. Aside from getting a [...]
Reader’s Question: Is used car insurance expensive? I am planning to buy a used car as my first car until I have enough money to buy a brand-new one. Elliot Lawrence, KS Elliot, it is surprisingly not expensive to insure a used car. Car insurance is your protection against any untoward event that could happen [...]
Reader’s Question: I plan to a car next month. But with my tight budget, I think I can only afford a used car. Do I need to insure the car even if it’s used and has a low market value? If yes, can you give me some tips on how to buy cheap used car [...]
Reader’s Question: What do I need to look for when buying a used car? And are there insurance companies willing to give used car insurance quotes for free? Kristine Philadelphia, PA Since you are still shopping for a second-hand car, it would be good to obtain used car insurance quotes, so that you have a [...]
Reader’s Question: Do I have to purchase full car insurance coverage for a used vehicle that I’m planning to get here in Alabama? Oliver Huntsville, AL Not necessarily, car insurance for used vehicles would usually cost much lower due to the fact that the value of the vehicle itself has depreciated. This means that you [...]
Reader’s Question: I just bought a used car that’s really low priced. Do I need to have used car insurance? Tom Colorado Springs, CO No matter how much your car costs, whether it is a very expensive brand new sedan, or a really cheap old clunker from the used car garage, you will need to [...]