What is everyone paying on insurance?

[nookandcrannycar]

Originally Posted by tooter

That's one reason I always buy new vehicles for cash. All the money I save on financing costs and insurance over the life of one vehicle pays for the next new one.

Me too re buying new vehicles and paying cash to have zero finance charge and to avoid the comp and collision requirement that having a car note requires. I also buy relatively inexpensive cars (so I won't moan and groan as much if I have to write a check for a new car re getting in an accident that is my fault.....and I haven't had to since adopting this policy for myself long ago). I know this saves me quite a bit. That would be great if it saved enough to pay for the next car. I've never stopped to calculate how much it is saving me long term.