TwinTurbo.NET: Nissan 300ZX forum - 385/mo is not an INVESTMENT - it's a complete loss. Note
People Seeking Info
 
   


     
Subject 385/mo is not an INVESTMENT - it's a complete loss. Note
     
Posted by twinhairdryers on January 29, 2004 at 2:20 PM
  This message has been viewed 29 times.
     
In Reply To Z32 owners - Who has liability vs. collision? posted by CrazyModGSR on January 28, 2004 at 10:57 PM
     
Message that the probability of getting into an accident is not ver high, but varies greatly on where you live. If you are paying 4K a year on insurance, you are going to quickly surpass the amount to purchase outright a new vehicle if it is totalled in an accident.

In my case, I calculated that I have paid out over $42,000 in insurance, and had claims of $1200.00. I want my Boxster from the insurance companies any day.

Insurance is a screw job in most cases for young drivers or drivers that have a ticket or two. Save money aside to pay outright for accident damage. If you damage your car, put some of the money into upgrades over time. Get liability only.

     
Follow Ups  
     
Post a
Followup

You cannot reply to this message because you are not logged in.