Car loans and compulsory insurance

The kgfb campaign is slowly coming to an end so the balance can be withdrawn. Were motorists better off this year? How many switched? What is the burden of a car loan if someone takes out compulsory liability insurance?

How many can be without a car loan? 

bank

How many can have no kgfb? And how many can be without a car loan? This year’s kgfb campaign, perhaps because of people’s moneylessness, has mobilized far more crowds than last year.

It is interesting that, for example, while a bank seeks to retain existing customers (that is, they try to do more to prevent another bank from taking their car loan borrower with a favorable car loan replacement loan), insurers do not travel there.

How do you know this?

How do you know this?

In the case of a car loan, if the debtor is unable to pay, you can start a bank deal, ask for an extension of the term, and likewise, in the case of a much more flexible car lease, there are plenty of options if you get into trouble. Banks only give money, the car is the owner, so if a car loan crashes, the bank can go big, and no wonder they try to do nothing to sell cars for pennies at a dilapidated car dealership (not as if they are sorry for the crash) , but press the debtor for repayment as long as possible.

Less problem with leasing companies, as car leasing companies own the car, so if the debtor doesn’t pay, you don’t have to buy the car to buy it: the leasing company will swallow the amount you’ve paid so far, and may be leased again the next day. But neither do they play it: it is better that a car loan or car lease runs out and the debtor pays for 8 to 10 years.

This is clearly not the case with compulsory car insurance. Why only insurers would be able to answer why, in any case, almost every motorist can find a better deal next year than what their current insurer offers.

In English: The current insurance provider promises another, while the other promises a third, and so on. Motorists do not get lost, they just move to where they get the same thing cheaper than anywhere else. Of course, the question is, if an insurer offered their insurance for $ 20,000 last year, then this year, when the driver moves up one category, why would the insurance cost the same car more.

Fortunately, the car loan calculator doesn’t work that way

Fortunately, the car loan calculator doesn

What if there was a central registry, and if the person who pays well does not do anything wrong, they would be paid a premium?

In the case of the Swiss franc-based loan, of course, this has become a reality, but for reasons beyond our control – not a “penalty” for the amounts paid on time. The question for car loan takers or car leasing payers is when will they be able to reward those who have paid off everything reliably over the years? When will some of the capital be released? Or the interest? When will they be lightened? Unfortunately, the answer is never. Banks are not charities when it comes to car loans, especially not.

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