Buying a Car
You have made your decision, you are going to buy a car, you start with a look at what is on offer on-line, maybe doa bit of research. Whether it’s going to be your first car or not, you cannot help feeling the excitement as you search on line or scan the local newspaper, looking at all the different cars and the options.
You have a rough idea about what you want, well maybe. You are still doing your research! You are thinking about what make you might like and the options available in that range, and then you start looking at the finance options also. Maybe a new car or save money with an older car, you have researched the miles per liter, maybe even read the crash test reports and safety ratings. Once that has all been done and the colour has been settled you are ready to make your next move. Today is the day. You have found the car you always wanted, negotiated the deal at the garage, organised the finance and you want to drive the new car home.
But hang on a minute! What about arranging the insurance you need to ensure this is arranged before you go on the Public Highway.
There are quite a number of aspects to consider when you purchase a car whether it be new or used. Don't worry we will explain everything you need here.
First thing you need to do is a quick phone call to us at Crosby Insurance Brokers before you go out to buy can, even before you have fianlised the deal at the garage, give us a call and we will check the leading car insurance companies for you. There is nothing more embarrassing than doing a deal at the garage for a car and then finding out the insurance is just too expensive, it's best to find out first and then do the deal at the garage. WE will guide you through the maze that is car insurance, so that you get the right protection for you..
You can arrange cover with us while your at the Car Dealer
So you’ve found the car that you like and you are sitting down to do the paperwork. As you pick up the pen, it occurs to you that you forgot to call your Insurance Broker to get insurance for your car. I want to drive the car away now, not a problem, you can either go on line via our website and complete your details there, or ring our office. Because all our insurance documents are on PDF we can email the documents to you for your car insurance or if you have our APP (which is Free to our clients) your car insurance documents can be sent to your phone. Either way, you will find the system easy and straight forward and allow you to get on the road legally without any difficulties.
Gap insurance, do I really need this it seems so expensive?
As you purchase you new car, you may be presented with the option to buy a car loan/lease or “gap” cove.. “Gap” cover is needed when you are “upside-down” on your car loan. This can happen if you take on a loan with a zero or low down payment, financing most of the car’s cost. Cars depreciate incredibly fast, and as a result, the amount that you owe on the car may quickly be far greater than its fair market value.
This can become a problem if your car is total loss following an accident or theft. If your car is written off, your insurance company will only pay the market value for the vehicle at the time of the loss. If the amount you owe on the car is more than the market value, you might have to find the difference between what you owe to the finance company and the write off value of the car from your insurance company. This is known as the GAP which without GAP Insurance you will have to pay.
GAP Insurance will pay the difference between the market value of your car and the amount you have left on your loan. We absolutely believe that you should purchase Gap Insurance for your car if you have a loan, lease agreement, HP agreement or the garage balloon payment system.
We recommend that you purchase this cover through us at Crosby Insurance Brokers. GAP Insurance purchased from a garage can be expensive, compared to the rest of the market, very often they add the premium onto your HP agreement so you will pay interest on the premium throughout the period of the loan. Where as our Gap Insurance can be financed or paid as a lump premium but it provides anywhere between 24 months and 60 months cover for a one off premium. Often, the garage will offer only one type of GAP Insurance which may not to be suitable to you, whereas we will provide all the options so you make a more informed decision and because we do not deal with just one insurer, but many, we can ensure the premium will be competitive. Have a look at our web page which explains this in more detail click here Gap Insurance If you purchase your GAP Insurance cover through your car insurance with us, you will get great protection and more often save money on the premium charged.
It's not Complicated? It takes away all your worries. Call us at Crosby Insurance Brokers team at 0191 565 7590 and we will set it all up for you. As soon as you are ready to buy…call us before you sign the contract!
Buying a used car? If it sounds too good to be true, it probably is.
As the old saying goes " If you don't pay a lot, you don't get a lot" The larger car dealers will generally sell calls which are second hand but only up to a certain age or value. This is because the dealers know older cars, can cause a lot of problems, with unreliability being the main reason and they have a reputation to consider, there is a reason the bigger garages do not sell older cars/vehicles.
So where do you get a car within your budget as the main dealers are just too expensive. You can go non-main dealers who will sell you a car, but you need to check their affiliations, are they part of a Motoring Associations which provides a code of practice and helps to protect consumers. Back street dealers and traders are not generally regarded as a place you want to go to buy a car which is going to be problem free. Our advise is to keep away unless you know what your doing.
Private sales can be found anywhere on the internet through ebay, motoring online magazines like Autotrader and so and these are equally a good resource research your car and put you in contact with prospective sellers. Please note however, that Motor Traders selling and buying cars from home addresses are nt supposed to use these forums to sell their vehicles unless they make it clear in the advert that they are a Motor Trade business selling cars. So that they are identified and are separated from genuine private vendors and sellers.
Our big tip here is that when buying from a private vendor is if the person selling the car lives in a nice house, in a nice neigbourhood and the car looks nice is a good indication the car will have been looked after. Also make sure you take someone with you who knows about cars, preferably knows the make of vehicle your interest in well. If you think you might want to make a deal with the seller, h=get the vehicle checked out by a vehicle history check, better to be safe then sorry.
When you have done the deal and agreed a date to collect the car then give us a call to arrange a free car insurance quotation, 0191 565 7590
Be smart. Call Crosby Insurance Brokers before you buy your car.
Buying a car for your teen? Read this.
There are quite a few considerations to take into account when putting a 17 year old in a car on the Public Highway. We have put together an in depth report on this subject if you need more information please click this here Advise For Teenage Drivers
One-Stop Insurance Shopping
Buying a new car is very exciting! Get yourself cruising right by giving our team at Crosby Insurance Brokers a call before you head out to the dealer. We can make sure you get adequate protection at the best rates, plus all the discounts you deserve. One quick phone call – much less hassle. Isn’t that the way to do it?
Contact us today 0191 565 7590. We’re here to help!