Have a Used Car? Here’s Why Your Auto Insurance May Not Offer the Protection You Think It Does

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It’s important to have an auto insurance policy in place, whether you have a new car or a used one. And if your vehicle falls into the latter category, you may be spending less on auto insurance than someone with a new vehicle.

Now, the good news is that used cars have become more affordable than they were last year. In April, used car prices were down 6.6% on an annual basis, according to that month’s Consumer Price Index.

But that doesn’t mean buying a used car today is an…

Continue reading this news update.

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