Wasn't this post about insurance costs? When did it turn into a post about leasing/financing? lol...

 

No comment. I'm already in enough trouble.

 

I never ckeck to see how much insurance is before i buy a car, if i like it...i buy it.


I pay over $700 a month for all my autos (6) and I'm 44 yrs old.

 

I'm not taking the bait . . . RESIST.

 

Too funny. lmao

 

Lol, I want to know what you have to say. Why resist?

 

so what size tires are you running in the rear with those 19x9.5 rims?

 

I have read through this thread and listened to both sides of the "discussion" and in the end, many of the posts gave me plenty of energy to fuel a good workout this morning.

To start out, insurance is one of those things that usually improves with age. I know that I paid as much for insurance as I did for my first vehicles when starting out. Now after several years of descent records and aging, rates are far more reasonable. However, when I moved to Germany, they went back up considerably from what they were in the States. The biggest thing when starting out is to shop around as has been brought up here a few times. I know there are a lot of younger people on this forum and hope that they give their input and perspective.

As for affording things. You can argue this back and forth. So far the arguements have been very vague giving nothing of specifics. Every person has a different set of priorities and goals in their life. Therefore, nothing is absolute. It was stated earlier that you should never finance your "luxury" car because you would be so much better off to save and pay cash. There are so many variables in this that again it comes down to priorities. Personally, I financed my car and plan on keeping it for quite a while. I do have the money to have paid cash. On my loan, I will pay a total of 10% over the original cost but over that 5 years (if I were to take that long to pay it off) based on a very conservative return from my current investments that money will be up more than 50%. Also, the SLK55 is the car I want now and that is my priority, who knows what will be around in 5 years if I were saving from scratch.

I fully believe in free speech and fight everyday to defend that right in the US. But if you want to make a point that people will be willing to listen to, offer thorough discussion points with actual numbers and specific information without berating them for doing something that you don't agree with. Teach don't lecture and people will be interested to hear what you have to say rather than getting pissed and blocking out any valid points that you actually do make.

Enough soap box, I just had to throw in my 2 cents.

 

Who are you . . . Johnny CoCharane? Oh, he's dead.

 

lets get some facts straight here without getting to personal... first I never said we cant afford the insurance..

No where in his original post did he say they couldn't afford 4k a year for insurance. What he did say was that this sounded like too much (it does) and does anyone know other options? At 24 with a good record i think that number is ridiculously high, but who knows?

This life we all live is full of choices, and just because this young fellow's lady chooses a to drive an expensive car does not mean they're doomed to failure. Personally I would never buy any quickly depreciating asset new, but when it comes to travel (what depreciates faster than that?!) I've been frivolous in the past. Enjoy your car, and get the best price you can buying what you love. I'd be shocked if you didn't find someone with a rate under 2500 a year.

 

Only about two people have actually told him how much they're paying for insurance.

 

Guys, listen. I posted that caustic message above at 11:30 pm on a week night after a VERY long day at the office. I was most likely far more harsh than I should have been. When it comes to money, we all get testy. I provoked a fight that I really didn't have it in me to finish. Let's agree to disagree when it comes to financial stragegy and our investing acumen. I don't want to tell anyone - no matter what their age (unless of course you are one of my own children) how to handle their lives. I should have stayed out of this kid's business. I repent.

Let's move on.

 

Ah, back to talking about something less controversial - cars!

I am running Pirelli P-Zero nero 255/30-19 in the rear.

 

I have 4 cars and pay a grand total of about 2400 a year, for a few reasons:

1. I'm old like berliener (42)
2. I pay for my cars outright so I don't need to carry low deductibles (mine is 2000 for collision I believe)
3. I don't get in accidents or have any tickets.

None of these factors will help you much in searching for a lower price for that SLK at 24, but there you have it. One of the few things in life you would rather be 42 than 24 for

 

Yes, back to the question at hand.

I am 41 and living in Germany. With no accidents or tickets on my record and 3 cars, 3 motorcycles and my home insured with the same company, I currently pay $1,100 per year for the SLK55. This is higher being here in Germany and the motorcycles are 3-4 times higher than in the states with the same company.

 

Here in the UK, I am paying a little over £600pa for an SLK55. Thats based on around 15,000 miles PA and business use.

 

I think this bel whats his name guy should be renamed Bell end !

 

I think that you should keep your day job. Comedy isn't working out for you.

 

Maybe you should stick to selling your brick a brack on ebay.
Its interesting that you are VERY critical of people who are making enquiries to get some indicative prices for insurance, you then "lord" it over them like you are some kind of big shot, bragging about this and that, as arrogant as only some americans know how.
The secret of your success ? Selling $2 games on ebay.......hey you must be sooooo wealthy.

 

Beiler, if that is how you made your money then way to go! Leave it to a Brit to "lord" over the way you made your fortune, as if that's somehow unseemly. Last time I checked, the money doesn't know where it came from, and spends just the same.

 

Amen!

 

You we're offering that kid some sound advice by the way, but I bet you wish you never posted in this forum after all that!


Don't those Brits still subsidize a Queen?? I think I'll pass on their financial advice, tyvm.

 

Aren't you septics funding Saddam ?

 

Hey, Easy-SLK, let's stop this nonsense. I am sure you are a good guy. If we met, I am sure we would get along. I come in here for relaxation and leisure - not to fight it out with other people. I'm sorry if anything I said offended you. I wasn't aiming to. I certainly don't think I am better than anyone else in here. A little older and wiser because of my own mistakes but not any better. As with cars, it's not the age, it's the mileage.

Let's end this spat here and be cool.

 

LOL!!!! Sorry, I know it's not very PC but I couldn't help but chuckle when I read that.