Update on my car situation.
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Personally, what I would do is prep the civic for storage, put comp. insurance on it ($20/mo) and put it in a storage garage for a couple years. Buy a shitty beater for $500 and drive that around (like a perfect driver to make sure your record stays clear). Once your insurance rates drop (and possibly have the civic paid off) get the civic back out of storage. It will have relatively low miles due to not being driven for a couple years, it will be cheaper to insure, it will be paid off, etc... Just my .02
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darkelvis wrote:
Personally, what I would do is prep the civic for storage, put comp. insurance on it ($20/mo) and put it in a storage garage for a couple years. Buy a shitty beater for $500 and drive that around (like a perfect driver to make sure your record stays clear). Once your insurance rates drop (and possibly have the civic paid off) get the civic back out of storage. It will have relatively low miles due to not being driven for a couple years, it will be cheaper to insure, it will be paid off, etc... Just my .02Sounds like a good idea, except that you are paying $300 a month for the next few years on a car that you aren't driving. And meanwhile the car is just going down in value due to being older. It isn't that unique of a car, you would be better off selling it, and then just saving the money you would have otherwise spent on loan payments, storage fees, and insurance, then you could buy a nice car straight out, or buy an even better car with a small loan.
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wannabe wrote:
So, after this insurance nightmare came to an end, I ended up with a couple choices. My Family and I found a place to insure my car for 300/month. This is still fairly high, but hell of a lot better than 12,000/year. My dad just got back from a trip to arizona and he made me an offer I don't know if I can refuse. He told me that if I sold my car, and got the loan payed off, he will GIVE me his 98 Continental(loaded-leather, 4.6 V8, air shocks, etc) to drive until I can save up enough money for another car. I would like go to school somewhere next year but It wouldn't have been possible with the car payment and insurance on the civic. I figured that with the extra 500 plus dollars per month I would have free, I could either A. rent a one stall storage unit and build some little beater go-fast car. Or I could throw it away and let all the moola gain interest and get a pimp ride next year or the year after. I have a month to make this hard decision and I need some help. Vote on the poll. Oh yeah, I have a buyer lined up, so I would be able to sell it without a problem.Sell your pos and enjoy the lincoln. School should be your first priority! You have your whole life ricing out civics.
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97jeep wrote:
if you have a loan at the bank i believe you need to have full coverage.if all else fails you can buy my civic hb
You "have" to have full coverage if you have a loan at the bank. As long as you don't tell the bank, then they will never know.
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you can have comp if you have a loan....i have had it on my car since its been broken.
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sell your car and buy mine. shall be completely fixed and looking like new.
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