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After three years, Consumer Reports says your new car will be worth just 54 percent of what you paid. Beyond the issue of depreciation, you’ll pay less sales tax on a used car, insurance for a used.

“I owe $30,000 on my car and the insurance company is saying they will only pay me $22,000!” Yes, apples to oranges. If $22,0000 will buy you a car just like the one you totaled, then you have been ma.

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If you lease your car, no leasing agent is going to let you drive their car around without a guarantee that if you crash, they won’t have to pay anything to replace it. You’ll be required to have comprehensive insurance which is,

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The best chance of getting a refund if you pay month to month is to cancel your car insurance policy mid billing cycle. Example: John pays month to month on his car insurance. He makes a payment on the first of the month and decides to cancel his insurance on the tenth of the same month. John would be eligible for a small refund because he just.

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