How much do I need as a down payment?

On a new policy, we take two months of payments as a first down payment. When you start a new instalment policy with PD, your initial payment is a down payment equal to 2 monthly instalments. You will have 10 monthly instalments after that with no payment due in the last month of your first term. When your policy renews for another year, we will divide your premium into 12 monthly instalments with a payment due each month.

Still having trouble?

Related post

How to Avoid COVID-19 When on the Road

  By now, we all recognise the need to practice social (spatial) distancing and, where possible, self-isolation to stop the COVID-19 spread. What if you have no choice but to drive somewhere and get out of the car. It raises the question – how to

Best Tools and Apps for Freelancers on the Road

  Freelancer. Contractor. Temp. Business Owner. Sole Trader. Entrepreneur. Gun for hire…. Okay maybe not that last one.   Whatever you want to call it, today’s ever-present accessibility to portable computers, smart phones and (usually) decent internet has opened up a whole new range of

Self-employed? Here’s How to Finance a Business Vehicle

  When you’re self-employed, there are many hats to wear and many things to learn about working on and in your business. One big consideration is incorporating your car into your financial equation and making that work for you. This article lays out the basics