I am thinking of buying a Ford-Explorer.
Its going for 89k right now and the resale value of the car is quite good.
Can anybody give me any advice on a buy like this?
Thank you in advance.
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abs wrote:I am thinking of buying a Ford-Explorer.
Its going for 89k right now and the resale value of the car is quite good.
Can anybody give me any advice on a buy like this?
Thank you in advance.
Liban wrote:Feipo, insurance is a percentage of the car's value in Dubai. I think that percentage stands at 5% (could be 4% also)....
Liban wrote:Say its worth 10,000AED. Then 5% would be 500.
The way to figure it out would be to do the following calculation:
Price of Car X 0.05 = Insurance Premium
If its 4% then replace the 5 in the previous equation by a 4. Is that OK?
Liban wrote:You are correct, most places do it like that... Dunno why its calculated that way in Dubai...
Liban wrote:ABS, I am a connaisseur of automobiles in my own right.
Give more info, like year, options, mileage, etc.... and I will be glad to help.