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What happens is that the car dealer might throw a life insurance policy in with the deal. Its there so that if you croak then the policy will pay the balance of your car loan. This forced life insurance car scam isn't free and is just another thing that can needlessly add to the total cost of your vehicle. You don't need it because your own life insurance policy will probably have more than enough money there to pay your car loan off. The bummer is that they may not even mention that they are adding this, so you need to go over the paperwork very carefully. If you notice it then they might tell you that the car loan company requires you to have it. Here is how to avoid the forced life insurance car scam...
You will save yourself a ton of hassles and time and will be able to totally bypass the car dealer finance department. You want to do this too because this is where all kinds of b.s. can be added to the price of your car.
Here are 3 sources for a car loan BEFORE you buy a new car. Apply right now with...
DriverLoans
and
1800AutoYes to avoid the forced life insurance car scam.
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