With insurance, the final cost of the car at 100 euros per month risks soaring

by time news

2023-12-14 17:16:22

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The promise: a clean, new car for 100 euros per month. Problem is, this price is without insurance. The optional one linked to the LOA (rental with option to purchase) or LLD (long-term rental), which guarantees the payment of monthly payments in the event of death, disability or loss of employment of the leasing subscriber. But also and above all without car insurance, which is compulsory because the rental company cannot ensure the borrower’s solvency and wants to protect itself from any damage to the vehicle. And there, the bill could soar.

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