Insurance companies aren't in the business of replacing your car, only it's value.

 

Ignorant. Just wait until you total a brand new car without gap insurance, and see who gets "ripped off".

-Nick

 

explain that to the 50 people i had standing out infront of my dealership trying to buy gap insurance after the isabel hurricane.

wanna make the payments for the peoples whos car is in the junk yard yet there paying the 4 grand that allstate wouldnt?

if you put money down on the loan... then yes it is the biggest waiste of money. but when your financing 1 grand over the price of a car for tags and tax, its a must!

my father was a thousand short of his totaled car and hes been with allstate for 20 years. he fought from being 3 grand short to only 1. but he could have paid about 3 bucks a month to be covered.

and did i mention that most gaps also cover your deductable. that can be a grand alone right there!

its also REFUNDABLE. it generally cost 500 dollars to cover a 5 year loan and is refundable minus 100 per year.

still a waiste??

not trying to be a jackass but for the two people that said im rippy customers off

 

So you like their phones too huh.


Regarding the gap bit ...

Most leasing companies require gap insurance.

In general if you are not leasing and you still need gap insurance to cover the negative spread in your loan, you can't afford the car to begin with.

 

I like V-Tech phones.

 

[QUOTE]Originally posted by Intrepid175

 

not everyone is an s2k owner that can afford a 30 grand car with an 800 beacon score.

think about the young couple living pay check to pay check that traded there dodge neon and added 3 grand of negative equity to the loan of there new car. and they put nothing down. you people keep thinking about your own buying experiences.

 

You can buy an extended warranty even if you didn't use their finance department.

 

 

This is true. Not everyone can afford a $30k car, whether it's an S2k or not. Not everyone has a spot on, chrystal clean credit rating. Which ever factor is working against you the hardest, if you can't afford the car, you can't afford the car!! Go buy something that you can.

Believe me, I know how difficult this can be when you've found something that you really like. Sometimes, we just have to bite the bullet and admit that it's just not meant to be, "for now!"

I discovered the S2000 when I was purchasing my 2001 Odyssey minivan. I needed something flexible in terms of people and cargo handling capability and the minivan seemed a reasonble choice. It's been a comfortable and reliable car, probably one of the most reliable I've owned to date, but definitely not something that's inspiring to drive.

I've always wanted a sports car through the years. One of the main things that's kept me off of getting one is insurance. I've just not been willing to spend the outragious premiums that they wanted. Well, I'm a little older now, a little better established financially, and I'm ready to take the plunge. The problem is, I don't want to be stuck with two car payments at one time so I've been doubling up on the Odyssey payments and putting a little extra back in saving for a down payment when the time comes. This hasn't been an "every month" thing. Once the Odyssey is within a couple of months of being payed for, I'll seriously start shopping for a deal on the S2000. By that time, the S2000's payments won't be a big deal and I'll be able to enjoy the car knowing that I'm not strapped to the hilt trying to make car payments.

Now that I'm within about 6 to 8 months of my goal, the time has really slowed down but I'm sure the wait will be worth it.

Drive Safe,
Steve R.