Posted on 05/05/2016 11:13:34 AM PDT by nickcarraway
“Essex police are not completely sure on the identity of the driver who was piloting the car at the time, and are still conducting an investigation.”
Start with recent purchases at the local Subaru dealership and work alphabetically backwards from there.
“These are not performance figures of a forgiving and easy-to-manage car.”
I went from a 15-year-old SUV to a relatively quick sports car. It does come as a shock when you give it throttle and it responds as it should. Or, as I liked to say, I gave it SUV levels of input and got Sports Car levels of response. The Car weighed 2000 lbs less and had 200 more HP. Zoom!
At an eatery on Sunset Blvd in LA I used to frequent for Sunday brunch, we watched as this spiffy looking couple walked into the “exotic car rental” joint across the street, rented an upper-end BMW, and got smashed into coming out of the lot while their back wheels were still on the driveway apron.
As another poster said, I don’t think it works quite that way.
You likely aren’t paying nearly the premiums someone driving a McLaren would pay.
And if they don’t manage their risk appropriately, they can’t just raise their premiums for everyone else to cover the profit...well, they CAN, but auto insurance is so highly competitive that raising premiums just a little will cost them as customers would flock to other insurers.
Therefore, they HAVE to manage their own risk.
It’s hard enough to get insurance for a house, and it doesn’t go 160 MPH. I wonder what a premium must be for a car like that
A lot of the Hellcat Challengers wound up this way. It’s a 707 HP hemi engine and unlike the old days there’s no posi traction in these new muscle cars. They have “traction control” which is a totally different animal.
So idiots floor the things, lose complete control and BAM!
Even on dry pavement with good tires I can get my Challenger to lose it on a corner, I just know how to handle it after having over a million miles under my belt.
That’ll buff right out.
Huh?
I recommend an experiment:
1. Call your insurance company and ask for a quote on an econobox.
2. Call your insurance company and ask for a quote on a $265k car.
I predict the quotes will be different.
You see, the insurance companies already take into account the high cost/risk of these cars. I’d be willing to bet they make more of a profit on these supercars than the econoboxes...and your rates might actually go up if they were dropped.
Well, he has $265K less now.
Envious Schadenfreude *Ping*.
That'll buff right out.
OttawaFreeper wrote: “When I was a 18 year old kid working for a moving company, one of the older guys told a similar story of a guy he knew a few years earlier who had just bought a brand new Trans AM.”
A fraternity brother of mine returned to the frat house after finishing his last final. As a surprise, his father met him there and gave him the keys to a brand new, black, 1967 Chevrolet Impala SuperSport. My fraternity brother backed out of the parking lot where a woman ran a stop sign, rear ended him, and totaled the car. With tears running down his face, the fraternity brother said: “I didn’t even get it out of reverse.” Of course, insurance paid for a new one.
>>>So my $70,000 Toyota Sequoia<<<
Wow, I had no idea those cost so much. When I bought my 2014 Corvette Stingray I only paid $63,000 and that was for a 2LT with all the goodies including Mag Ride and the Z51 Package. I did get a pretty good deal on it. It stickered for $67,000 and that was when they just came out with the new Platform.
Then again, I bought it from a Dealer in MS and he told me they have Farmers and Ranchers come in and pay more than that for fully optioned Silverado Pickups. He said they would look at the Corvette and say, that much money and it only has two seats?
Depends on the area I guess. In CA, the Dealers were getting $10,000 over Sticker. I should have Sold it as soon I got it home. LOL
If you can afford a $265K car you can afford to insure it, and by the very nature of how car insurance works it IS enough to cover it.
Not only shouldn’t you, you DON’T.
That’ll buff right out.
They will need some Crazy Glue too.
In a no fault state you don’t. But everywhere else, you’re on the hook for the overly expensive car.
My buddy from high school bought a 440 Cuda. A Rep from the Company was at the dealership, offered (almost DEMANDED) to show him how to drive it. Bert told him to stuff it, pulled onto the four lane lane highway, powered across all four lanes and hit three cars in the Chevy lot down the road.
James May: Jeremy, what do you have to say for yourself?
Jeremy: POWER!!!
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