• whosepoopisonmybutt@sh.itjust.works
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    3 days ago

    I can currently find a bunch of used, decent Toyota corollas in the 7-10k price range. Liability insurance should be like $50/month.

    Your estimates seem quite high to me.

    • RBWells@lemmy.world
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      2 days ago

      $50 a month where? People here spin signs saying $30/month insurance but that is not insurance. Actual liability coverage here is hundreds a month. $200 would be low.

      • whosepoopisonmybutt@sh.itjust.works
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        2 days ago

        Oh, I just checked and I was wrong. I pay $61/month to Progressive for liability on a >20 year old small pickup truck in California. $100k per person, $300k per accident, in case I crash into a pile of Ferraris or something.

        The liability is $50/month but uninsured motorist insurance is most of that additional $11.

        I’m paying for insurance in case I get hit by someone who doesn’t have insurance? Ridiculous.

        • RBWells@lemmy.world
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          1 day ago

          Our uninsured motorist is almost 1k every 6 months, plus bodily injury even more, the property damage coverage is not as expensive as the people damage insurance (which makes sense). It’s like a vicious circle - insurance is high for uninsured but then as it costs more, more people get uninsured.

          • whosepoopisonmybutt@sh.itjust.works
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            21 hours ago

            Wow, that’s expensive. I’m a cheap ass. I’ve always had cheap, old Toyotas.

            I can see how it’s nice to have a more modern car but I just can’t justify all the expenses. I’d rather retire sooner.

            • RBWells@lemmy.world
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              18 hours ago

              Yeah if I can keep the 2014 Honda going I will. Was going to keep its predecessor, the Civic but someone ran me into a phone pole and totalled it, in 2014.

              Partly because it’s manual and that’s hard to find now, but I love it and it’s paid off and I don’t drive a lot.

      • whosepoopisonmybutt@sh.itjust.works
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        3 days ago

        Even about 25 years ago, $1000 would get you a car without major cosmetic damage but it’d have a couple hundred thousand miles on it. You can still get that for around $3k today. I see them on craigslist right now. Where I live, minimum wage has increased 2.5x since then.

        There’s your beater for roughly the same number of minimum wage hours worked.