Car Insurance are Cheaper now
Throwback in the late ’90s, Car insurance premiums are way too high compare to today’s current rates. During those times, a brand new 1999 Toyota Corolla which values at P495,000 would have a comprehensive insurance premium of P18,000 to P20,000. Nowadays, comprehensive car insurance for a second-hand car with the same market value would only be P13,000 to P14,000. This is about 30% cheaper for the Sedan market. Another comparison…