THE BOTTOMLINE>CAR INSURANCE Buying a Car Insurance Policy Protect yourself against loss due to road accidents and car theft. Here’s a primer on auto insurance By Arlyn W. Cheng, LUTCF, CIS Do you know that road accidents are now the fourth leading cause of death in the country? Based on the 2006 report of the [...]

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EASY MONEY>VERSUS New Vs. Used Car It’s time to buy a car. Should you get a used car, otherwise known as second-hand or the better-sounding pre-owned vehicle, with the major price reduction, or a brand new car, with its fresh-from-the-lot smell? Here’s our take: New Car Vs. Used Car Definitely higher Price At least 20% [...]

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EASY MONEY>MONEY MATH Which Car Financing Term? Newly married couple Alex and Jenny are planning to buy a new car – a mini SUV worth P1,270,000. With their combined monthly income of P200,000, they figure they can put down 20% and borrow the balance from the car dealer’s financing plan. They also don’t want to [...]

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EASY MONEY>HOW TO How to File a Car Insurance Claim You get into a car accident. Bummer. What do you do now? Step 1: Call a traffic officer Call police hotline 166 to report the accident. Then wait for a traffic officer to investigate. Of course, if it’s a serious accident involving physical injury, call [...]

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SMART SPENDER>TIPID TIPS 22 Car Saving Tips Thanks to drop in gas prices, car owners are heaving a sigh of relief. Still, there are many other ways to save on fuel and other auto expenses By Excel V. Dyquiangco When gas prices were pushing upwards of P50 just a few months ago, EDSA and other [...]

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