Alliedassault - View Single Post

Drew · 03-16-2005, 10:30 PM

Unless you are making fat bank, that insurance is going to rape you. And that's assuming your record is clean.

If you were to win it at $22,500 (you won't, that's not even the reserve) you're looking at payments of over $400/month. Unless you're still on your parents' insurance, you're probably looking at an insurance payment of over $300/month. And in some states, you can't be on their insurance unless they help finance the car.

Just to put that in perspective, you could get a $700/month mortgage on a $100,000 house with no down payment oOo:

	(#7)
Drew is Offline 2nd Lieutenant Posts: 3,292 Join Date: Sep 2002 Location: Myrtle Beach, SC	03-16-2005, 10:30 PM Unless you are making fat bank, that insurance is going to rape you. And that's assuming your record is clean. If you were to win it at $22,500 (you won't, that's not even the reserve) you're looking at payments of over $400/month. Unless you're still on your parents' insurance, you're probably looking at an insurance payment of over $300/month. And in some states, you can't be on their insurance unless they help finance the car. Just to put that in perspective, you could get a $700/month mortgage on a $100,000 house with no down payment oOo: Chairperson, Coastal Carolina Students for Ron Paul 2008