Insurance for young GT3RS Owner
05-06-2019, 03:02 PM
#31
Instructor
I have GEICO as my auto, homeowner, and rental proprty insurance company. A year ago, when I inquire about a GT3 RS, they wouldn't even insure me due to the value of the vehicle. I am 43.
05-06-2019, 05:55 PM
#35
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Join Date: May 2019
Location: Bay Area
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I believe you have the car, however buying a GT3RS as your only car and then concerning yourself with $4800 a year in insurance is a little ridiculous. Assuming you can actually afford this car (and everything that goes with it) the insurance cost should be completely acceptable.
It’s acceptable, I was just curious if there are any better options.
05-06-2019, 06:39 PM
#37
How is it owning an RS in the city? Do you track it or get to driving roads much?
City parking is no joke either. I was considering living at Nema but the $400 monthly parking fee, rent, and living in the loin was a bit too much. Decided to buy on peninsula instead (better roads are a bonus too).
City parking is no joke either. I was considering living at Nema but the $400 monthly parking fee, rent, and living in the loin was a bit too much. Decided to buy on peninsula instead (better roads are a bonus too).
05-06-2019, 07:47 PM
#38
05-06-2019, 07:54 PM
#39
05-06-2019, 10:26 PM
#40
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Join Date: May 2019
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How is it owning an RS in the city? Do you track it or get to driving roads much?
City parking is no joke either. I was considering living at Nema but the $400 monthly parking fee, rent, and living in the loin was a bit too much. Decided to buy on peninsula instead (better roads are a bonus too).
City parking is no joke either. I was considering living at Nema but the $400 monthly parking fee, rent, and living in the loin was a bit too much. Decided to buy on peninsula instead (better roads are a bonus too).
05-07-2019, 10:25 PM
#41
Pro
I believe you have the car, however buying a GT3RS as your only car and then concerning yourself with $4800 a year in insurance is a little ridiculous. Assuming you can actually afford this car (and everything that goes with it) the insurance cost should be completely acceptable.
05-07-2019, 11:53 PM
#42
Get married. That’s the only thing that dropped my insurance. Oh and make sure she makes hauls in the mail as well and likes cars. But seriously. Insurance companies tend to think if a woman trusts you then you’re more trustworthy for them.
05-08-2019, 12:17 AM
#43
But I saw it happen. About ten years ago there was a temporary fuel shortage in my area due to a refinery shutdown. It caused gas pries to climb about 40 cents a gallon in a couple of days, resulting in a 60 cent differential between 89 and 93 octane. So as I was putting 93 octane in my 997, a new Mercedes Benz S class pulled into the pump adjacent to the one I was using, and of course he was pumping 89 octane. I asked him if that was the gas he always used, and he said no but decided to use it this time because of the high price of 93 octane. The MSRP of the S class at that time was a little over $100K.
05-08-2019, 12:36 AM
#44
Pro
But I saw it happen. About ten years ago there was a temporary fuel shortage in my area due to a refinery shutdown. It caused gas pries to climb about 40 cents a gallon in a couple of days, resulting in a 60 cent differential between 89 and 93 octane. So as I was putting 93 octane in my 997, a new Mercedes Benz S class pulled into the pump adjacent to the one I was using, and of course he was pumping 89 octane. I asked him if that was the gas he always used, and he said no but decided to use it this time because of the high price of 93 octane. The MSRP of the S class at that time was a little over $100K.
05-08-2019, 03:57 PM
#45
Rennlist Member
I believe you have the car, however buying a GT3RS as your only car and then concerning yourself with $4800 a year in insurance is a little ridiculous. Assuming you can actually afford this car (and everything that goes with it) the insurance cost should be completely acceptable.