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-   -   Basic Insurance Rates? (https://www.revscene.net/forums/572900-basic-insurance-rates.html)

cho 04-21-2009 10:41 AM

1990 corolla, 5% off, 128 a month

SpuGen 04-21-2009 10:46 AM

Quote:

Originally Posted by aznboi128 (Post 6390706)
^ OUCH!

lol i just dont understand how 18yrolds can afford the car AND the insurance under a N licence

You get a job.
I bought a new Civic at 18.
It's not that hard. Bad idea, but not impossible.
Then I sold it and bought a whole bunch of parts for my 240 and multiple cars, and now I'm 20 and broke.
I'm totally attention whoring this thread btw.

!Aznboi128 04-21-2009 10:57 AM

^ yes you are lol

I'm 23 this year
with a full time job paying off the 2nd car and insurance + rent lol

but when I was 18 my part-time job had so little income it wasn't even worth it to buy a car, as i had the the U-pass but wow.... life's getting hard

Adsdeman 04-21-2009 11:20 AM

Quote:

Originally Posted by JSALES (Post 6389852)
well my insurance is $230 a month with 10% discount since i only have my N and it's a '93 240SX but yours will be different

Gay im thinking of getting one of these, ive only got 5% discount and even my civic costs $230. What kind of plan are u on?

1990TSI 04-21-2009 11:45 AM

wow you guys pay a lot lolz.

It's so nice to not have a richmond up here in squampton to drive up the rates.

I pay under $150 now for the Genesis with full coverage and i'm not even at 43% yet haha.

Leopold Stotch 04-21-2009 06:14 PM

Quote:

Originally Posted by JSALES (Post 6390687)
yeah it's quite a bit, my parents don't wanna insure it under their name because they think if i have my own car, i should take responsibility for it even though i'm only 18

personally if you want a car i think you should pay for insurance and other things, but that's how my family works. I was 18 when i first got my car, and i wasn't ready. you might want to reconsider a few things.

can you imagine asking your parents for money to buy a catback exhaust or some wheels? lol

JSALES 04-21-2009 07:04 PM

i do pay for insurance and other things, i can't really afford to mod it haha. it probably isn't the smartest idea for an 18 year old kid to have car but everyone wants a car at this age because there's so much freedom instead of riding transit

RenoMan 04-21-2009 07:26 PM

well at least you admitt to it , fuck some kids think there the shits when there registration papers are there moms. in my opinion if you get a car you should be able to support it, if not your just a another tool.

orgasm_donor 04-21-2009 08:43 PM

Quote:

Originally Posted by 1990TSI (Post 6390781)
wow you guys pay a lot lolz.

It's so nice to not have a richmond up here in squampton to drive up the rates.

I pay under $150 now for the Genesis with full coverage and i'm not even at 43% yet haha.

The downside is...well, we all know the downside. ;)

lilaznviper 04-21-2009 09:22 PM

this is why when your 18 your in school and getting a u-pass if at university and take transit like most of us poor students lol

GordonTse 04-21-2009 11:39 PM

Quote:

Originally Posted by WilsonSo13 (Post 6391541)
well at least you admitt to it , fuck some kids think there the shits when there registration papers are there moms. in my opinion if you get a car you should be able to support it, if not your just a another tool.

puhlease. i think somebody is just jealous. i for one do admit my parents pay for my car payments, but i pay for insurance, gas, my own food, groceries for the house, clothes etc.. and i only make $10/hour working full-time.

Dentz 04-22-2009 10:20 AM

Quote:

Originally Posted by JSALES (Post 6389852)
well my insurance is $230 a month with 10% discount since i only have my N and it's a '93 240SX but yours will be different

Holy shit, that's high.

Quote:

Originally Posted by WilsonSo13 (Post 6390121)
Thats chicken shit. Mine is full coverage to the max and its 350 a month 98 prelude with a N . im getting fucked by icbc.

Same with that, that's stupidly high.

Quote:

Originally Posted by 1990TSI (Post 6390781)
wow you guys pay a lot lolz.

It's so nice to not have a richmond up here in squampton to drive up the rates.

I pay under $150 now for the Genesis with full coverage and i'm not even at 43% yet haha.

Luckily there's no richmond on Vancouver Island as well...

I ended up paying around $150 a month for my Turbo Supra/RX-7, with full coverage and at a 10% discount.

My Twin Turbo 300ZX will cost about 1500-1700 per annum to insure (with full coverage, 10-15% discount and insured for an "N" driver).

hotjoint 04-22-2009 10:32 AM

02 Celica
$1900 a year
43% discount

LemonH2O 04-22-2009 02:15 PM

2009 Corolla XRS
25% when I insured for the year = $2790
now at 30% I think

heleu 04-22-2009 03:59 PM

^^^ Wow. You have 30% discount and it costs you $2800 for a Corolla?!?!

I know it's a XRS, but still...

hk20000 04-22-2009 06:14 PM

Quote:

Originally Posted by SpuGen (Post 6390720)
You get a job.
I bought a new Civic at 18.
It's not that hard. Bad idea, but not impossible.
Then I sold it and bought a whole bunch of parts for my 240 and multiple cars, and now I'm 20 and broke.
I'm totally attention whoring this thread btw.

I'm broke but if anyone wants any one of my cars in my stable pm me I could use the cash.;)

LemonH2O 04-22-2009 09:34 PM

Quote:

Originally Posted by heleu (Post 6392981)
^^^ Wow. You have 30% discount and it costs you $2800 for a Corolla?!?!

I know it's a XRS, but still...


Well, $2800 was only 25% earlier this year. My discount went up to30% after, but I mean, 5% more is barely a difference when I renew next.
But yeah, that was a shocker to me too..plus when I insured it, I had to fork out another $710 to get the Replacement Policy through the insurance company, which in the end, is a FRACTION of the price ICBC wants for their policy.

And no, I did not have mommy and daddy reaching into their pockets! There's such thing as working and SAVING money.

1990TSI 04-22-2009 10:08 PM

How can you save money when you pay $2800/year for a corolla?

LemonH2O 04-22-2009 11:12 PM

^ I work full time and put money aside every paycheque ALL year, works out.

wahyinghung 04-23-2009 12:12 AM

^ Good for you especially nowadays...... Well for myself I pay annually with my VISA more points for me...... and haven't tried the monthly payment options before and my insurance is around $16XX/yr and this is on 43% discount hopefully I will get a even lower rate when I renew this year cuz my car is getting old......

heleu 04-23-2009 05:55 PM

Quote:

Originally Posted by 1990TSI (Post 6393556)
How can you save money when you pay $2800/year for a corolla?

Agreed. When I was shopping for my car, I looked at insurance costs for everything I was in the market for. I was looking at preludes, then I was shocked at the insurance costs. I mean, when your car isn't worth that much, paying $2-3Gs a year is a lot of money.


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