Buying a brand new car can be tricky, not to mention expensive. It costs a lot of money, plus you have to deal with depreciation of the car’s value. Could you imagine buying an P800,000 sedan, only to have a market value of around $650,000 the next year? Yes, it does depreciate like crazy, so why should you settle for a brand new car? Here’s why most people in the…
Getting a car can be exciting. It is considered a phase in a person’s life when he or she could already afford a car. Though it is an exciting time, you have to consider the type of car insurance that you are going to have. Purchasing car insurance in the Philippines can be tricky. You have to evaluate a number of things, and sometimes, there are car insurance nightmares that…
There are a lot of cars in the Philippines. Given the number of vehicles in the country, it is surprising why a lot of people still don’t have the right car insurance with them. Isn’t it surprising to see cars that do not have the necessary car insurance? So why is it that only a few cars are insured in the country? Here are a few reasons why. Culture…
In 2011, those involved in buying and selling of used vehicles were alarmed after two-car dealers were burned after getting one of the worst carjacking incidents in recent years. Though culprits were already arrested, carjacking incidents along with carnapping are again on the rise. From 2009 to 2013, an average of 8,800 motor vehicles was stolen annually. Now, there was a reported rise in carjacking cases this year. There was…
You just bought a car, and you are looking to use it for years to come. One of the most important aspects of car ownership is having car insurance. With the help of car insurance companies, car owners get the peace of mind that they are looking for, especially when they get in a car accident or any type of mishap. However, the car insurance companies in the Philippines can…
Picking the right kind of car insurance in the present time is easier compared to how it was 15 years back. Why? These days, you have the option to get car insurance online. Despite the availability of this kind of option, there are still a lot of car owners who haven’t explored this convenient option. In case you are still not aware of how this could help you as a…
Should you buy a car right now? During the last quarter of 2014 to the first quarter of 2015, we’ve witnessed continuous roll back from gas companies. Recorded on February 2 2015, gas price has already depreciated 123 days straight. The price of gas is now at $2.06 a gallon in the US. In the Philippines, the price of gas has plummeted as well prompting public utility vehicles to lower…
You purchased your car. Now, what’s the next thing that you need to do? The next logical step is to invest in the right kind of car insurance. Given the threats that could possibly damage your car, you will need the right car insurance policy can give you peace of mind. However, who should you trust? How do you know if the car insurance broker or agent you are dealing…
Buying a car is a tough call. Rarely do you see Pinoys purchase cars compulsively because of this? It costs a lot of money to buy a car, whether or not it is a brand new or second-hand vehicle. This is enough to keep the average earning Filipino to choose their car carefully. You usually don’t see them purchase cars that they don’t need or can’t afford. For instance, why…
Filipinos love the Christmas season. And that statement is an understatement. In fact, 100 days before December 25, you already see countdowns for this big day. As early as September, you already hear Christmas tunes in malls and other public places. You also see some of your neighbors decorate their homes with Christmas decors during this time. Let’s face it that this day brings a festive mood for the Philippines….