Quote:
quote:Originally posted by PianT
I'd love to put it away for the winter but can't justify the $'s.
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Here's how you justify the $.
I have a $1,000 insurance deductible on the PT.
95% of all collisions I've ever been involved with happen in winter.
So.... if I buy a $1K or less "winter beater", and sell it in the spring for $800, I'm out $200 cost of ownership. But, my PT is still perfect and I have a low mileage, showroom condition new car.
The insurance for PT storage is $35 instead of $300. Basic insurance for the beater is $100. That saves $165 out-of-pocket cash that I apply to the $200 winter beater cost of ownership.
Now.... the difference is only $35 out-of-pocket to store the PT and drive a beater.
Hhmmmm..... can you buy and mount winter snow tires for $35?
I don't think so.
Think about it.....
I've been buying beaters for over 20 years for winter usage.
The collisions they've been in generally put more cash in my pocket than I paid for the car. If it's driveable, I pocket the insuance cash and keep driving it 'till spring. Then I get $35 per net ton as scrap metal from the salvage yard.
Other than driving an ugly car in ugly weather, there isn't a down side to this plan.