Free Car Insurance: A Matter of Convenience
I was interested to discover that, in the on-going battle for our custom as the credit crunch squeezes on many of the main car dealerships are offering free insurance with the purchase of a brand new showroom vehicle! But before we all scramble up to make the most of it, there is a little small print attached (you knew there would be really) and a lot of thought to be had!
Firstly, the insurance cover is for the first seven days of owning the new car, so that you can happily and of course safely, pick it up from the showroom or dealership and drive away, knowing that all eventualities are covered (at least until your own insurance kicks in). What this offers is convenience and peace of mind, very nice, thank you!
Secondly, it is a case of looking closely at whether this ‘free insurance’ offer really does present you with any kind of incentive to purchase a brand new car at a brand new price. After all, isn’t the most it’s really saving you is the cost of a phone call to your usual car insurer, to arrange to swap your current cover from your old vehicle to your new one? Alternatively it could be saving you a little time spent on an insurance comparison site in search of a new insurance deal for the new vehicle? Either way, we aren’t really talking about the dealership undertaking any great service on your behalf in being able to offer you seven days free insurance, rather it is just a saving on a little time and the a saving of seven days’ worth of insurance payments whilst you do the new insurance search anyway!
Lastly, balance out what the cost of those seven ‘free’ days are against the cost of all of the potential new cars you have your eyes on, to see if it is really worth it in terms of the cost variation between brand new cars. It seems to me that as a convenience it may be, but as an incentive, its value is negotiable!
Author:
Musa is a guest blogger for Nissan, he absolutely loves the internet and is a tech geek at heart.
