Take Suzie for instance she brought a brand new 2009 BMW Series 3, and crashed it and “wrote it off” in 2011 she still owed $50,000.00 on it, if she didn’t have GAP cover on her car she would be stuck paying out $50,000.00 on a car she didn’t have.

 But luckily she did, so her insurance company paid out her debt and she was able you get a new car a month later, with out having to worry about her debt from her previous car loan.

 GAP cover is a great thing to have. It might cost that little bit extra but it puts the mind at peace if you do “write off” you car and still have finance over it, instead of paying off a loan that you don’t get the use out of the car.

 If you ever need to have a chat about your options in taking out a some insurance please do not hesitate to contact us and one of our supporting staff would be more than happy to assist you with any concerns you may have. You can find us on our website www.natloans.com.au or give us a call on our toll free number 1300 955 791

Technorati Tags: gap cover, insurance, write off

There is an increase of environmental concerns, there are thousands of cars on the road each day, imagine the amount of pollution that is constantly hovering around us. Not only this it is now a struggle to find parking all over Melbourne, unless you are willing to pay for parking you will be moving your car every hour to minimize your risk of getting fined! Scooters are small and compact you can just park them at bike racks. Another highlight is that you don’t even have to wait in traffic. You can speed by traffic jams and get to your destination faster and many scooters are now made for gas consumption which is a cheaper option rather than petrol. What’s not to love?

The maintenance of your scooter should be of high concern, things like checking your oils, tire pressure and battery should be done every month.  Every six months you should check and change if needed your tires and breaks, these components are important for your safety, you don’t want your scooter to lose control resulting in injuries. Remember you will be using it as much as a car and this only has two wheels!

Before making a decision weigh up the benefits of using a car or a scooter and seek for ways in which to save in the long run. Maybe it will involve having both and using each for different occasions at the end of the day it is what you prefer more!

Technorati Tags: car loans, Scooter Loans