Its just a loan, at 30+%. Dont bother. Credit card it on a 0%'er in the worst case if you cant afford your insurance.
They do quote the exact prices when you get...a quote, though. Why not try checking with them first?![]()
I ran a quote with Bell (my current insurance is with Admiral). It only showed the yearly price and a phone number to call if I wanted to pay monthly. I can't see the monthly price anywhere, hence my post.![]()
In the end I borrowed the cash from my dad and pay him back in installments monthly.
Once again is this not market failure? Car insurance is a legal obligation, they shouldn't be allowed to charge ridiculous rates. It should be offered monthly or quarterly by default, just like many other utility bills/services.
not all other utility bills/services give you the same price on direct debit to paying it on full and some do it the other way round with somethings aswel *from what i remember* although its a legal requirement to be insured, driving is a luxury (unfortunatly) which is based upon a lot more factors than say what an electricity company would use to work out what they should charge you quarterly
Can you really argue driving is purely a luxury though? Surely this is only the case if we had an infallible public transport system. We don't.
[TW]Fox;17868935 said:Yes, driving is a luxury. Building your life and making life choices around the ease of access to a car doesn't stop it being a luxury.
It's true that many people could not do their job without a car, or get to work without a car. But they made choices to live where they do and work where they do based on the fact they had access to a car.
People DO live without cars.
Surely the argument of cars being luxury or not is immaterial to my point though.
If something is a legal obligation, it should be accessible and affordable, especially to the less wealthy of society.
A car is a convenience not a luxury.
Unless you buy a luxurious car...