Does this mean that the insurance premium for cars older than 10 years will be cheaper?
Budiman
Does this mean that the insurance premium for cars older than 10 years will be cheaper?
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cclkl.blogspot.com
Budiman
It will not be cheaper, it will be based on normal rate instead of insurance company imposing higher premium for old cars plus forcing driver to buy PA,etc..
However, nothing comes for free.. now the old car owner has to send to Puspakom for road worthiness inspection... meaning more income to Puspakom and you can expect long queue at Puspakom.
Every Birth Begins With Labour Pains
Budiman
bummer, i thought can get cheaper insurance coz my car will be 10 years old this yearOriginally Posted by birdy
It will not be cheaper, it will be based on normal rate instead of insurance company imposing higher premium for old cars plus forcing driver to buy PA,etc..
However, nothing comes for free.. now the old car owner has to send to Puspakom for road worthiness inspection... meaning more income to Puspakom and you can expect long queue at Puspakom.
actually going to puspakom is not that bad. the one and only time i went there last year was to get the 9 year car inspected before buying it. got to the one in pandamaran at 7:30am waited for it to open at 8am. got it inspected and approved in less than half an hour and hassle free for rm40. if get runner, have to pay rm200!!
“If your photographs aren’t good enough, you’re not close enough.” – Robert Capa
cclkl.blogspot.com
Budiman
You forgotten that you need to take 1 day leave for this! If you are earning RM160 per day... it will come to be the same of engaging a runnerbummer, i thought can get cheaper insurance coz my car will be 10 years old this year
actually going to puspakom is not that bad. the one and only time i went there last year was to get the 9 year car inspected before buying it. got to the one in pandamaran at 7:30am waited for it to open at 8am. got it inspected and approved in less than half an hour and hassle free for rm40. if get runner, have to pay rm200!!
Every Birth Begins With Labour Pains
Budiman
Is it compulsary to go to Puspakom ?
Honestly, if I don't mind having to pay RM50 extra premium for insurance IF I can forgo wasting time at Puspakom that costs RM40.
Everyday is a good day for GOOD FOODand a GOOD LAUGH
Budiman
Seems to me if you don't want to be loaded + added extra coverage for natural disaster like flood or maybe earthquake , tsunami , to your insurance then go for the inspection....Is it compulsary to go to Puspakom ?
Honestly, if I don't mind having to pay RM50 extra premium for insurance IF I can forgo wasting time at Puspakom that costs RM40.
The fees schedule at puspakom...
http://www.puspakom.com.my/html/inspection_fee.html
Budiman
That "inspection' is just to verify the engine and chassis number; something that hire-purchase officers of banks used to do for free.
Budiman
I doubt so, what I heard from the news is the inspection needed to ensure the car is road worthy.
Every Birth Begins With Labour Pains
Budiman
Do you want to know how I can make your brakes fail even when they appear to be applied?
Simple!
Put the car on the brake check machine.
Press brake at 5%
Brake lights will turn on (CCTV recorded) but the effectiveness will fail big time
Result: BREK GAGAL
And what must the poor rakyat do to ensure that the brakes pass inspection?All in all, there is a hidden motive to suck rakyat money through one way or another.
Budiman
What I mean is that this new inspection is supposed to be for road-worthiness and will definitely cost more than RM 40.
Now how do I buy shares in Puspakom?
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