How to buy back a totaled car cheap.

[jdlmodelt]

I just added my 16 year old daughter to my policy and the guy stated it would go up just slightly...$1800/year.

Originally Posted by cfos

I agree with the first statement, not the rest. If you were following along, the people involved are high school students, yes? If the pay out is the $8-10k Jake (plus whatever the other side may be) is suggesting... I'd argue I do have an idea of whether the insurance company lost out. Assuming the kid is 16-18 years old, he couldn't have been driving for more than what? 3 years? You think this kid paid $8-10k+ in premiums over >3 years?

My guess is the kid was a part of the parent's policy and thus, insured for less as a result of a family plan. Even so, if the kid paid for his own policy, I seriously doubt he was paying in a like amount to what is being paid out, in total. Just think about it and revisit your statement.

[BrokenLinkage]

@BIGJake-
Just wanted to say I'm impressed with your level headed maturity and reasoned thought throughout this escapade. Not sure I could have have pulled off such equanamity at your age. If only your grammar could catch up...
I feel pretty sure most of us would be less free with the preaching if you were a bit older. And yeah, I question the wisdom of putting such a fine sportscar in the hands of someone that hasn't suffered enough mediocre cars to really appreciate it, much less a high profile car that is expensive to maintain at a time of life when funds are usually scarce and any flying above the radar results in getting shot down.
But I like your attitude and humility, keep making lemonade. And if you can keep your ego separate from the car, and afford to maintain it, then I say ignore PL's usually very sage advice and just drive the stick out of it everywhere you go!
BOL with the replacement.

[BIGJake111]

Originally Posted by jdlmodelt

I just added my 16 year old daughter to my policy and the guy stated it would go up just slightly...$1800/year.

Ours went up 1.200 and that was with adding my car as well, sorry to hear. What does she drive?