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  2. Vehicle insurance - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance

    If one's car is declared to be a "write-off" (or "totaled"), then the insurance company will deduct the excess agreed on the policy from the settlement payment it makes to the owner. If the crash was the other driver's fault, and this fault is accepted by the third party's insurer, then the vehicle owner may be able to reclaim the excess ...

  3. Vehicle insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance_in_the...

    Due to the sharp decline in value immediately following purchase, there is generally a period in which the amount owed on the car loan exceeds the value of the vehicle, which is called "upside-down" or negative equity. Thus, if the vehicle is damaged beyond economical repair at this point, the owner will still owe potentially thousands of ...

  4. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor. The lessee pays only for the value of the vehicle for the term of the lease.

  5. How to switch car insurance companies: 5 simple steps - AOL

    www.aol.com/finance/how-to-switch-car-insurance...

    5 car insurance myths debunked: From rate haggling to pricer policies for red cars FAQs: Shopping for coverage and staying protected Learn more about how auto insurance quotes, policies and rates ...

  6. 4 Reasons Car Lease Prices Could Go Down in 2025 - AOL

    www.aol.com/finance/4-reasons-car-lease-prices...

    Drivers looking to lease a car in 2025 will be delighted to know that the price of auto leases could be on the decline. In 2024, car sales were down so automakers and dealerships could be looking ...

  7. A new federal bill would protect car owners’ right to repair ...

    www.aol.com/finance/federal-bill-protect-car...

    The CAR Coalition expects a full markup by the Energy and Commerce Committee some time this month. According to polling by the CAR Coalition, H.R. 906 is popular on both sides of the aisle.

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