Quote:
Originally Posted by P.C.
*And contact your insurance agent with the VIN of the proposed new car for an insurance quote before you buy. Not only do you have to maintain collision insurance on a financed vehicle, but some new vehicles are less insurance friendly than you might think, particularly if you live in a metro area and are under 30.
When I was 29, I had my eye on a late model Ford Mustang 5.0. I had a clean insurance record, but decided to price coverage before I bought the car. My insurance company said that they would cancel my policy if I bought the car, and after shopping around several companies, I found one that would provide me coverage through an assigned risk pool for just 4 times the cost of my then-current premium. No thanks - I bought a Buick Le Sabre instead.
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Yep, agreed. I'm actually NOT registered where I currently reside, partially because the insurance will go up, also because I am buying another car soon (lol BMW reliability) and the other state will basically have me pay ZERO sales tax on it, whereas if I changed and then bought it would not only be a headache but its about a 10% tax on auto purchases...easily a $3k or more savings. Soon as that goes through though I've gotta change it.
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TC
Current stable:
- 2004 Mazda RALLYWANKEL
- 2007 Saturn sky redline
- 2004 Explorer...under surgery.
Past: 135i, GTI, 300E, 300SD, 300SD, Stealth
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