E46Fanatics - View Single Post - Who here leases vs finances? pole: your thought process behind it?
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Old 02-03-2005, 10:39 AM   #19
Join Date: Oct 2002
Posts: 2,198
Originally Posted by tedwright
well, considering progressive wanted almost $6k per year from me for my 99 328i for full coverage, i figure that 3 years or insurance alone is more than the car is worth.

looking at it this way, i would have to total the car at least once every 2.5 years just to get my moneys worth from the insurance.
Ted, it was YOU who said and I quote, "pay cash...............if you can't afford it, then dont buy it"

Well, affording the insurance falls under vehicle ownership.
If you can't afford to insure your car properly, to save you from further financial burden, then you can't afford to own that car.

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