financing and car insurance

All-inclusive financing, including car insurance is becoming increasingly popular
August 8, 2010 By Gerald Leave a Comment

Everything from one source - this slogan many companies use. For customers it if they only have one contact person and like several birds with one stone can. In addition, when still produces a savings, the better. This trend is spreading more and more, especially in the automotive industry. Here are booming complete packages that include maintenance work in addition also the same car insurance. The latest figures now called to Ferdinand Dudenhoeffer from the Center for Automotive Research (CAR).

63 of 85 in July 2010 included financing offers a complete package including car insurance. Thus, the rate from the comparable period in 2009 was significantly exceeded. It was at that time still at 50 percent. It pays well, at least in terms of price, the all-inclusive resort options. According to CAR could count customers with discounts of up to 28.5 percent. Nevertheless one should get a few new car insurance quotes to compare pricing as well. reached this limit a Honda Civic, which is financed over 48 months. Similarly, when leasing. Again, the half of all offers complete packages, which beckon to 32.4 per cent discount (Peugeot).

Regardless of whether the car is sold with a car insurance policy or not, according to Ferdinand Dudenhoeffer, the saving is 149 bids at least ten percent. 15 percent leave in 80 operations and save more than 20 percent with around 27 offers to automotive financing and leasing services. That is significantly more than the ADAC had identified. His calculations showed that customers are better off with a cash purchase and get the car on more favorable terms. The result was influenced by, the CAR, the ADAC offering car insurance, and even the main business, Roadside Assistance, is influenced by the mobility guarantees. Too bad that no one has calculated whether the car insurance in the packages are really the best solution or a contract with another provider but not much cheaper would.