Wednesday, January 11, 2006

Discount of $500 ??

Some dealers offer a further discount of $500 to the purchaser who agrees to insure the car with their tied insurer.

The premium charged by the tied insurer is much higher than NTUC Income. After the $500 discount, the difference is quite small. If you are already enjoying a loyalty discount of 5% from NTUC Income, it is better to stay with us.


Model Tied NTUC
Insurer Income
Honda Civic 1.8 Sedan 5 $1995 $1575
Honda Jazz $1680 $1280
Nissan Sunny 1.6 EX Auto $1578 $1319
Vios 1.5 Auto $1578 $1172


The difference in premium could be $400 a year. If you insure for 10 years, you may be able to save $4,000 by insuring with NTUC Income.

1 comment:

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