Defaults on auto loans at all time highs

[Smitty]

Funny you mention that...my wife just was asking me if I had any idea what we pay for insurance..9 registered insured cars...and 20 of the bikes that are insured...I maintain full coverage all year...I really gotta take a look @ how I insure them..

And we always give CC shit about all the cars he has😳

 

[Jimmy N.]

And we always give CC shit about all the cars he has😳

But rightfully so, as many of his are Furds.

 

[1971demon]

No wonder I like my 'Cat. It's actually quite affordable.

No payment, about $50/mo for insurance, and practically no cost for gas.
Okay, the latter is proof that I need to drive it more, but still, it costs me no more than if I had some boring SUV.

Well...I have no payments on vehicles...but I pay way way more than 50 a month on insurance per vehicle...the reason you pay chump change for insurance is easy...you live 100 miles from civilization..you could drive for days without seeing another car...much less run into one...

 

[1971demon]

And we always give CC shit about all the cars he has😳

Smitty...lest I remind you...NONE OF THEM ARE FORDS...

 

[Jimmy N.]

Well...I have no payments on vehicles...but I pay way way more than 50 a month on insurance per vehicle...the reason you pay chump change for insurance is easy...you live 100 miles from civilization..you could drive for days without seeing another car...much less run into one...

Another reason for my low insurance is that I haven't run a red light since moving here.
It does help that there aren't any.

 

[Paladin06]

No wonder I like my 'Cat. It's actually quite affordable.

No payment, about $50/mo for insurance, and practically no cost for gas.
Okay, the latter is proof that I need to drive it more, but still, it costs me no more than if I had some boring SUV.

Same here, no payments on the girls and about $75 each a month for insurance.

 

[1971demon]

Another reason for my low insurance is that I haven't run a red light since moving here.
It does help that there aren't any.

LMAO...I haven't had a moving violation in over 5 years...I support more LE organizations than you can count....plus my family owned over 16 retail donut shops @ one time...ever see a cop that don't like donuts???

 

[1971demon]

Same here, no payments on the girls and about $75 each a month for insurance.

You Western chumps are startin to piss me off..

 

[Paladin06]

You Western chumps are startin to piss me off..

Western???

 

[DavidKFla]

Same here, no payments on the girls and about $75 each a month for insurance.

How is your insurance so low?

 

[Jimmy N.]

How is your insurance so low?

No alligator surcharge? And it has to be better to only have two doors per vehicle, so they know he's not moonlighting as a taxi driver.

 

[1971demon]

[QUOTE="Paladin06, post: 255993, member: 1080"]Western???[/QUOTE]
Well...you ain't no Northerner....and you used to live in the desert...right...

 

[Paladin06]

How is your insurance so low?

Excellent driving record. No accidents. 30 years with the same insurance company and 66 years old. From there I think I still pay too much.

 

[Paladin06]

[QUOTE="Paladin06, post: 255993, member: 1080"]Western???

Well...you ain't no Northerner....and you used to live in the desert...right...[/QUOTE]
Grew up in the north, well Maryland. Escaped early in life and joined the military. Yes lived out west for about 20 years, spent a few years in Connecticut, Philadelphia and Delaware after military career.

 

[1971demon]

Well...you ain't no Northerner....and you used to live in the desert...right...

Grew up in the north, well Maryland. Escaped early in life and joined the military. Yes lived out west for about 20 years, spent a few years in Connecticut, Philadelphia and Delaware after military career.[/QUOTE]
Well my friend...here's the deal...you've been gone too long...we don't remember who you are...if yer still carrying that Yankee ID card in yer wallet..throw it out...you aint no Yankee any more...

 

[1971demon]

Excellent driving record. No accidents. 30 years with the same insurance company and 66 years old. From there I think I still pay too much.

Funny thing about that stellar record...one of my best friends is my agent...he represents a ton of lines...some carriers look at that record...and figure yer due...and have chose not to renew....extremely rare..but it does happen...

 

[Paladin06]

Grew up in the north, well Maryland. Escaped early in life and joined the military. Yes lived out west for about 20 years, spent a few years in Connecticut, Philadelphia and Delaware after military career.

Well my friend...here's the deal...you've been gone too long...we don't remember who you are...if yer still carrying that Yankee ID card in yer wallet..throw it out...you aint no Yankee any more...[/QUOTE]
Thank God!!

 

[Paladin06]

Funny thing about that stellar record...one of my best friends is my agent...he represents a ton of lines...some carriers look at that record...and figure yer due...and have chose not to renew....extremely rare..but it does happen...

That must be a Yankee thing.

 

[AeroF16]

Excellent driving record. No accidents. 30 years with the same insurance company and 66 years old. From there I think I still pay too much.

It’s also highly dependent simply on where you live. In Phoenix, my insurance was much more than when we lived in MN.

Now, in Utah, I pay $175/mo for 3 relatively new vehicles with full coverage from USAA. I think I was paying $250/mo in Phoenix just for 2 of the vehicles and my driving record hasn’t changed!

 

[Paladin06]

It’s also highly dependent simply on where you live. In Phoenix, my insurance was much more than when lived in MN.

Now, in Utah, I pay $175/mo for 3 relatively new vehicles with full coverage from USAA. I think I was paying $250/mo in Phoenix just for 2 of the vehicles and my driving record hasn’t changed!

Yes location is important. My monthly payments dropped significantly when we moved to Tennessee.