Cash for car buying is the new hot topic on the news this year, as many Australians are beginning to pay off their car insurance policies.
The new cash-for-car program is expected to see a massive boost in cash sales and more cars sold by 2017.
Car insurance companies are already using cash to make up for the cost of the policy.
But some are now seeing the benefits of using cash in a way that can save them money on the insurance premiums.
If you’re on a high car insurance policy, the average premium for the policy will now be $250, up from $150 in 2016.
While the car insurance industry is taking advantage of the new cashless model, there’s a catch.
With cash being a currency, some car insurers are not accepting cash at the point of sale.
For example, you can still buy a car insurance quote through your local car insurance company.
But you can’t use the cash to buy the car outright, and instead have to pay the premium.
“If you want to buy a new car, you’re not going to have to use your own money,” explained Lisa Breen, an insurance agent in Melbourne.
She said many car insurers had recently stopped accepting cash for the quotes because it’s not an accepted method of payment for car buyers.
And because the insurance industry has decided that the cash payment model isn’t good enough, some of them are now looking to alternative methods of payment.
Many car insurance companies, like CarInsurance, have started to accept cash payments, but you’ll need to apply for the insurance.
You’ll need a car licence and a vehicle registration to buy.
You can also use cash to pay for a pre-approved car insurance service like a preowned vehicle, a discount car, or a discounted auto insurance.
These services will only be available for customers who have a valid pre-owned vehicle licence and are at least 21 years old.
As an alternative, you may be able to buy insurance through an alternative vehicle insurance company that will only charge a higher premium than CarInsurances.
But what about the drivers?
There are also a number of car insurance agencies who are now accepting cash payments for their customers.
There are three major car insurance firms: CarInsurers, Bluebird and Australian Auto Insurance.
You can use your cash to get an insurance quote on a vehicle that has been purchased through the Bluebird website.
However, you will still need to submit a vehicle information document with the vehicle to qualify.
Another car insurance agency, Blue Bird, said it was also working with an insurance company called Insurance Group Insurance (IGI), which is offering a cash-only car insurance solution.
IGI is offering to waive the cost to get a cashless quote on an insurance policy.
That means you can pay the full premium for an auto insurance quote.
What happens if you don’t pay the car premium?
If you don�t pay the cost upfront, you won’t get the full price for the car, and will be charged an extra premium.
For example if you buy a $1,000 car insurance plan, you’ll be charged $2,000.
That extra $2 will come from the extra cash payment you receive, or the extra discount you’ll receive on your insurance quote if you choose to pay it.
When you pay your insurance premium, you�ll be required to sign a waiver form that explains the policy terms and conditions, and gives you the option to cancel at any time.
A car insurance agent told ABC News the agency was already accepting cash payment for the 2018 policy year, so it is likely that this will be the trend going forward.
Insurance rates are expected to increase this year.
ABC Fact Check is not affiliated with any insurance companies.
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