Monday, May 19, 2014

Why do people over-exaggerate on sports car insurance?




Mike


It's almost as if they don't want the person to be buying a car...
Here are some new car monthly quotes i got with Geico.... Clean record, age 28, married with 4 kids, Michigan

Corvette Z06: $80.43
Corvette ZR1: $94.32
Shelby GT500: $65.34
Dodge Viper: $102.83
BMW M6: $74.82
Porsche Turbo S: $72.49
Nissan GT-R: $78.27



Answer
They go by statistics. That is cheap compared to other states. NY, New Jersey or California it would be double that amount, so be thankful you don't live there! My 21 year old drives a Cavalier and pays $100 a month in my name and a full time student.

Galves Value for my Car?




Robert W


2003 BMW 325XI, 47,500 miles, sport package, Harmon Kardon, Xenon lights, split bench seats, power moonroof. No leather, no power seats or anything like that. What's the estimated Galves value of this car in North Jersey?


Answer
What's Galves? Most dealers and banks use NADA. Go here http://www.nadaguides.com for the prices on new and used cars.




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