Definitely look into it closely. I researched it a bit and decided it wasn't for me.
You need to do a high number of kms per year or else you end up with a big bill at the end of each year. At least 15000km - I think the next bracket is 21000km which is cheaper again. It works on some percentage of the car's purchased value IIRC?
Also with the tax brackets changing this year the benefit of it is also reduced. Unless you're earning big $$$ and in one of the higher tax brackets (ie. over $60000) then it probably won't be worth it?
Just some points to check into (which I may not have explained too well)- go see a financial advisor/ accountant. ;)
__________________
2016 Kuga Titanium 2.0l EcoBoost
|