Hi dear All..!!
I need help regarding car insurance.I am going to buy new Gli through Bank Alfalah for 3 years lease at 5% of the invoice price including tracker which is around 85k annually (my company ll pay interest and i ll pay only the principal amount )
According to Bank Alfalah i have to pay 1 year insurance amount as advance and i ll also pay monthly insurance 1st and 2nd year(offcourse i ll nt pay insurance amount in 3rd year).I dont want to give 1 years insurance amount as advance beside of this i want to give monthy insurance for all three years.
Kindly please suggest/guide me the best way how can i pay the insurance amount on monthly basis????Also kindly let me know whether this 5% insurance amount is ok ??????