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Tesco car insurance - change car

gellerbing
gellerbing Posts: 350 Forumite
Tenth Anniversary Combo Breaker
I was wondering if anyone knows exactly what this means?
Basically I'm looking at getting a new car so have put in potential quotes to switch my car over, i currently pay in monthly instalments but it gives me the option to pay monthly instalments of the new price plus a one off switch over, or pay in full. However, the pay in full says around £58 but it doesn't say what happens after that. Is it pay that price and that's it for the year (which seems unlikely) or is it pay that and then continue paying my monthly? Sorry if it sounds like a daft question.
Wins: Cushelle Koala, Mama tea bundle, coconut ice cream recipe book

Comments

  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    I would assume that's £58 for the change, and you continue paying off the finance for your main policy.

    How much is your old premium, and how far into the year are you?
  • gellerbing
    gellerbing Posts: 350 Forumite
    Tenth Anniversary Combo Breaker
    My current one is around £18 a month and i started this policy in may, initial payment was about £47
    Wins: Cushelle Koala, Mama tea bundle, coconut ice cream recipe book
  • DUTR
    DUTR Posts: 12,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    gellerbing wrote: »
    My current one is around £18 a month and i started this policy in may, initial payment was about £47

    I think when the chap asked what was the price of the premium then the answer is about £245 a year not the monthly figure , you kids must really get out of what the monthly payments are, what is the new annual premium?
    It could be £245, £256 or £580, using the annual figure will give you a clearer indication of the answer.
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