I took the free driver's ed class which was offered at my high school when I was 16. I got my license when I was 16 1/2, so 7 years of safe, accident-free driving.
...but at the same time most people (in the UK at least) who are young have 3rd party which doesn't pay anything towards your car - even if "my" (mine in a few days) car was written off the £1,500 insurance would give me the trade-in value of £300...
Have to buy the right car. In 250,000 miles of driving with 3 cars, I spent $200 for a new clutch, $50 for a new ball-joint, and $140 for a new spring aside from the normal brake and tire replacements. The mileage of those cars where 139k, 189k, and my current car, 159k. The 139k I totaled and received $1800 more than it was valued (due to condition), and the other two started out with my ownership at 105k and 54k.
I assume a "high school" job, which would probably be less than 40 hours and at minimum wage of $7.50. Working 3 months at 8 hours for 5 days a week, would only net you $3480. After taxes, you are looking at approximately $2700, at 40 hours per week. His numbers sound reasonable to me.
There are exceptions (see above where I state I received $1800 extra), but 99% of the time, you are only going to get blue book value.
almost missed this comment...
This I find funny. Subarus are a dime a dozen over here. BMWs and Volvos are the expensive ones that only the "upper class" snobby folks drive. I wouldn't get caught dead driving a BMW. I wouldn't want to tarnish my image of being a normal folk and not a rich yuppie snob....
Insurance, as a concept, preys on the unfortunate and vulnerable. It takes a special kind of person to work in an industry that targets the infirm and then be 'business-like'. Often they're called vultures, but my own choice of word does not start with a V.
Is the letter on the keyboard that it begins with, near the "V" key? (Both or either sides, or combinations of all touching letters? i.e. - F......C...B...... ) :hide: