Re: Insurance co's rake it in!
Maybe they mean pay that much for a brand new car, for a driver under
age 20, with stacks of moving violations and accidents......
In 1971, one of my friends in tacoma, WA owned a Corvette. Buying
insurance, he paid for the car again every 4-5 years. As I recall, the
insurance on my then 5 year old 65 Mustang was $129 per month as a
rider on my father's policy. The payments on the Mustang were $101 per
On Sat, 30 Jul 2005 13:21:00 -0400, ZombyWoof <Zomby-Woofdogs@Cox.net>
>On Sat, 30 Jul 2005 04:24:27 -0400, RichA <email@example.com> wrote:
>>NEW YORK (CNN/Money) - It costs more to own a car in Detroit, an
>>amazing $11,844 a year for a mid-sized sedan, than in any other city
>>in the country, according to a new report comparing the cost of car
>>ownership in various a U.S. cities.
>>Released Friday by Runzheimer International, a management consulting
>>firm specializing in transportation reimbursement, the survey revealed
>>that insurance, at $5,162 annually for liability, collision, and
>>comprehensive coverage, is the biggest single reason that maintaining
>>a car in the Motor City is so expensive.
>I refuse to believe that an average driver in Detroit pays over $400 a
>month for full coverage insurance. Anybody here in Rock City?
>>Runzheimer calculates costs based on a fully loaded 2006 Ford Five
>>Hundred SEL with a 3.0 liter, 6-cylinder engine. The calculation also
>>assumes that the car is driven an average of 15,000 miles for four
>>years within a 50 mile-radius of the city.
>>Philadelphians would pay nearly as much, $10,672 with $4,142 going to
>>pay for insurance, as would Los Angelenos, at $10,361, including
>>insurance costs of $3,225.
>>The same car would cost just $7,399 a year in Knoxville, Tennessee., a
>>savings of $4,445 compared with Detroit.
>>Maintenance costs also vary quite widely, from a high of 7.35
>>cents-per-mile in San Francisco to a low of 4.19 cents-per-mile in
>Seems that they missed some other core components to car ownership.
>We here in the south pay an annual personal property tax on our
>vehicles. Other states such as California have pretty steep
>registration fees, and of course there is also the sales tax on the
>initial purchase. It also seems that the maintenance costs on a new
>vehicle are pretty damn steep in their calculations unless they are
>including fuel costs as part of maintenance.
>>Car ownership costs:
>>Detroit -- $11,844
>>Philadelphia -- $10,672
>>Los Angeles -- $10,361
>>Boston -- $9,660
>>Miami -- $9,216
>>Baltimore -- $9,125
>>Denver -- $8,949
>>Houston -- $8,467
>>Topeka, KS -- $8,078
>>Grand Forks, ND -- $7,423
>>Sioux Falls, SD -- $7,401
>>Knoxville, TN -- $7,399
1965 Ford Mustang fastback 2+2 A Code 289 C4 Trac-Lok
Vintage Burgundy w/Black Standard Interior; Vintage 40
16" rims w/BF Goodrich Comp T/A gForce Radial
225/50ZR16 KDWS skins; surround sound audio-video.
"When the time comes to lay down my life for my country,
I do not cower from this responsibility. I welcome it."
-JFK Inaugural Address