English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessPersonal FinancePre-owned luxury cars and insurance: How to mix ideal coverage with affordability

    Pre-owned luxury cars and insurance: How to mix ideal coverage with affordability

    It’s a common myth that the insurance of a pre-owned luxury car is much higher than that of a new car. That’s because we think a used car might need more repairs and higher replacement costs. The fact is, the premium on pre-owned cars is significantly lower than that on new cars.

    Sumit Garg
    February 27, 2024 / 09:52 IST
    Pre-owned luxury cars and insurance: How to mix ideal coverage with affordability

    Considering that the purchase of pre-owned cars should be supported by an authentic insurance policy, one should evaluate it closely to strike the best possible deal.

    • PRO Panorama

      Moneycontrol Pro Panorama | The big squeeze in IT jobs

      Sep 30, 2025 / 03:00 PM IST

      In Moneycontrol Pro Panorama September 30 edition: HAL and BHEL hold their ground despite competition, what should FMCG investors ...

      Read Now
    Unlock This Article

    Are you a PRO subscriber? Sign In

    What Do You Get

    • Ad free Experience

      Seamless navigation, faster responses.

    • Expert Perspective

      Explore 230+ exclusive editorials every month

    • +

      Uncover Insights from World-Renowned Experts and Journalists

    • Actionable Insights

      40+ weekly investment ideas + 3 to 4 daily technical calls

    • Virtual Events

      Exclusive Live Webinars for Expert Trading & Investment Strategies!

    • Newsletters

      Stay ahead with daily and weekly insights

    View Offers

    Unlock exclusive discounts