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RE: Car payment? What about Insurance and Tags (Resgistration)?

I pay just over $1,000 a year for my insurance on my '09 Impala. I have very high rates of coverage, 1/2 million, I have zero deductible; I also have to carry uninsured motorists coverage, if I do not make a claim during the year I get back two months payments. My car tags for one year are $145.00. And that is the discounted rate for handicapped veteran prices, without it, they would be about $200.00 per year.

 
Joeygoat

Asked by Joeygoat at 1:30 PM on Aug. 17, 2010 in Money & Work

Level 17 (4,243 Credits)
This question is closed.
Answers (7)
  • We pay 1680/year for full coverage car insurance on 2010 Chevy Equinox. We receive discounts b/c we are married, multiple policies, we are both over 25, etc.
    Mom2Just1

    Answer by Mom2Just1 at 8:03 PM on Aug. 18, 2010

  • um, our insurance is about $650 a year, $500 deductible and minimal coverage, our last tag renewel was like $75 i think? we have a 2002 Chrysler Town and Country, has lots of miles but still runs great :)
    DreainCO

    Answer by DreainCO at 1:43 PM on Aug. 17, 2010

  • My insurance is roughly $700 a year, minimal coverage, $500 deductible, uninsured motorist. I renewed my tags in May for $130. My car is paid off. 2003 Chevy Cavalier. Payments had been $261/month over 6 years. Loving having that extra cash in my checking account now.
    Ginger0104

    Answer by Ginger0104 at 1:48 PM on Aug. 17, 2010

  • I get a 15% discount for low mileage use on my car. I only drive it about three days a month, about 30 miles total. On the months I have to drive to my doctor, I will put on 250 miles in one day, ick. I have to get the oil changed and the tires rotated and balanced. The car is a year old and this will be its second oil change and first tire move.

    Joeygoat

    Comment by Joeygoat (original poster) at 2:43 PM on Aug. 17, 2010

  • Wow! Well, we have 2 kids and 4 cars on our policy so our insurance is around $3000 a yr and $292 a month. We have a $500 deductible and that includes uninsured motorist on all 4 cars. The tags for our cars all run in the $50-$60 range
    itsmesteph11

    Answer by itsmesteph11 at 2:52 PM on Aug. 17, 2010

  • Wow, that sounds really high. We have two cars on our plan, including one that's an 09, we pay less than for both cars together.
    HotMama330

    Answer by HotMama330 at 4:45 PM on Aug. 17, 2010

  • We pay $600 a year- but it's liability only.
    Our registration- honestly I have no idea- since we have always had a ton of car repairs to do at the same timel.
    I budget about $100 a month for car maintenance- but I think it needs to be more like $150.
    Erica_Smerica

    Answer by Erica_Smerica at 12:19 AM on Aug. 18, 2010