ST Alpha - "in my younger years, i let my father talk me into buying a new car. the payments were manageable ($230/month), but the insurance was not (almost $300)" (Reading a Post)

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in my younger years, i let my father talk me into buying a new car. the payments were manageable ($230/month), but the insurance was not (almost $300)

Posted by Guy (aka lostatlimbo) Feb 6 '09, 16:54

i didnt have any speeding tickets at the time, but i was under 25, not married and on my own insurance and it killed me and my father never started making payments on the money he owed me like he promised when he took me to buy the car.

i should have known better

Responses:

is that 300 per month? per 6 months? -- nm - Ender Feb 6, 17:38 6
- yeah - it was ridiculous -- nm - Guy Feb 6, 18:12
- For a new car, it could be per month. -- nm - psilotum Feb 6, 18:01 4
  - actually the main factor is that he is a male under 30 not that the car is new -- nm - Stacy Feb 6, 18:06 2
    - On an older car, you only need liability insurance, and it's a lot cheaper. -- nm - psilotum Feb 6, 19:08
    - no - the new car was also a factor -- nm - Guy Feb 6, 18:13
  - A flying car, maybe. -- nm - Spawn Feb 6, 18:06
Fortunately, I've never had a car loan. I've driven two hand-me-downs from my parents, and one used car my wife bought with a gift from her grandma. - psilotum Feb 6, 17:10 2
- I bought my first *new* car in 1985. It was the first time I'd been able to finance something without having my husband co-sign the loan. - MojaveMeg Feb 6, 17:16
- the kicker is that I bought a $1200 car after this incident and its lasted me 6 years! - Guy Feb 6, 17:14
when I leased my car the payments were $259, I'm now on my second engine on it. After my parents bought the car at the end of my lease I made - Stacy Feb 6, 17:04 5
- for the price of two engines you could have another car already -- nm - pigby Feb 6, 17:11 3
  - actually you can buy used engines from japan for less than big repair bills like a valve job... - zeitgeist Feb 6, 17:49 1
    - thats exactly what I did, I found out next time I do it I can getan Si which has more HP for only about 100 more :) -- nm - Stacy Feb 6, 18:00
  - I know but I love my little Honda Civic, I think I may never part with her. In fact when I get some extra money I'm gonna get her a new paint job and - Stacy Feb 6, 17:15
- P.S. my insurance was never that high, probably cuz I'm female. -- nm - Stacy Feb 6, 17:04
wasn't that just a few years ago? i remember the tt discussion. -- nm - b! Feb 6, 16:58 3
- Heh, I was thinking the same thing :) About half way through my time on TT/ST :) -- nm - MojaveMeg Feb 6, 17:12
- 6 years ago. i was even more naive then, if you can believe it. :) - Guy Feb 6, 17:07 1
  - time does fly. - b! Feb 6, 17:11
i was probably making about what the B2 guy was, but the car was only $14k though -- nm - Guy Feb 6, 16:56

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in my younger years, i let my father talk me into buying a new car. the payments were manageable ($230/month), but the insurance was not (almost $300)

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