3 ms·

You have probably the cheapest insurance in the US. Realistically, that number is going to be double and that's for state minimum coverage for a low risk drive

by treis 9y ago

You have probably the cheapest insurance in the US. Realistically, that number is going to be double and that's for state minimum coverage for a low risk driver. At that point, you're self insuring quite a bit and you should add that in. As others have noted, your repairs probably don't even cover basic maintenance like battery, oil changes, or fluids. You don't have registration/sales tax in your value of the car. Do you ever pay for parking or a car wash? You should probably also add in any taxi or Uber/Lyft rides you already take to get a total transportation cost.

gibybo 9y ago
>You have probably the cheapest insurance in the US. I don't think so, it's just a cheap car. It is well above state minimums (I think minimums are 25k/50k and it's 100k/300k). It includes comprehensive coverage but with a $2k deductible (mostly just useful for rental cars since $2k deductible is most of the value of the car). It has been as low as $20/month in the past. >As others have noted, your repairs probably don't even cover basic maintenance like battery, oil changes, or fluids. I specifically mentioned that they did. >You don't have registration/sales tax in your value of the car. Ah that's true, that adds about $20/month with emissions testing too. >Do you ever pay for parking or a car wash? Fair point, but that's less than $2/month on average.
- treis 9y ago
  >I don't think so, it's just a cheap car. It is well above state minimums (I think minimums are 25k/50k and it's 100k/300k). It includes comprehensive coverage but with a $2k deductible (mostly just useful for rental cars since $2k deductible is most of the value of the car). It has been as low as $20/month in the past. That's crazy cheap. The cheapest I could find for state minimum in Georgia was $60 and that was answering the questions as a perfect driver. >I specifically mentioned that they did. But the numbers don't add up. There's no way you spent just $300 in 60,000 miles on maintenance. Oil changes alone would be $300ish. It should also be a brake job, new tires, and things like new wipers. On top of that you replaced an alternator, battery, and a belt change?
  - gibybo 9y ago
    >That's crazy cheap. The cheapest I could find for state minimum in Georgia was $60 and that was answering the questions as a perfect driver. Hm maybe it's just cheaper in Arizona for some reason then. Could definitely see a significant difference in state regulations causing that. Oh shit I forgot about tires, you're right I was missing some things. Better numbers look like this I think: Battery: $100 Belt: $20 Alternator: $170 Coolant: $20 Windshield washer fluid: $5 Air filter: $10 Tires: $500 1x Wiper blade: $20 4x oil replacements (I replaced when oil looked discolored, not at 7k miles): $100 ($25/each) No brake job yet, but that's probably coming soon... Total: $845 Lack of rain/snow/salt on roads probably reduces maintenance costs by a lot in regions like this, so national averages might be higher. So after both adjustment my numbers are probably closer to $200/month, and I'll accept that's probably an outlier and $300/month is a reasonable estimate for a cheap car.

by treis 9y ago

gibybo 9y ago

>You have probably the cheapest insurance in the US. I don't think so, it's just a cheap car. It is well above state minimums (I think minimums are 25k/50k and it's 100k/300k). It includes comprehensive coverage but with a $2k deductible (mostly just useful for rental cars since $2k deductible is most of the value of the car). It has been as low as $20/month in the past. >As others have noted, your repairs probably don't even cover basic maintenance like battery, oil changes, or fluids. I specifically mentioned that they did. >You don't have registration/sales tax in your value of the car. Ah that's true, that adds about $20/month with emissions testing too. >Do you ever pay for parking or a car wash? Fair point, but that's less than $2/month on average.

treis 9y ago
>I don't think so, it's just a cheap car. It is well above state minimums (I think minimums are 25k/50k and it's 100k/300k). It includes comprehensive coverage but with a $2k deductible (mostly just useful for rental cars since $2k deductible is most of the value of the car). It has been as low as $20/month in the past. That's crazy cheap. The cheapest I could find for state minimum in Georgia was $60 and that was answering the questions as a perfect driver. >I specifically mentioned that they did. But the numbers don't add up. There's no way you spent just $300 in 60,000 miles on maintenance. Oil changes alone would be $300ish. It should also be a brake job, new tires, and things like new wipers. On top of that you replaced an alternator, battery, and a belt change?
- gibybo 9y ago
  >That's crazy cheap. The cheapest I could find for state minimum in Georgia was $60 and that was answering the questions as a perfect driver. Hm maybe it's just cheaper in Arizona for some reason then. Could definitely see a significant difference in state regulations causing that. Oh shit I forgot about tires, you're right I was missing some things. Better numbers look like this I think: Battery: $100 Belt: $20 Alternator: $170 Coolant: $20 Windshield washer fluid: $5 Air filter: $10 Tires: $500 1x Wiper blade: $20 4x oil replacements (I replaced when oil looked discolored, not at 7k miles): $100 ($25/each) No brake job yet, but that's probably coming soon... Total: $845 Lack of rain/snow/salt on roads probably reduces maintenance costs by a lot in regions like this, so national averages might be higher. So after both adjustment my numbers are probably closer to $200/month, and I'll accept that's probably an outlier and $300/month is a reasonable estimate for a cheap car.