S2000 Talk Discussions related to the S2000, its ownership and enthusiasm for it.

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Old Oct 9, 2007 | 10:32 PM
  #31  
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Originally Posted by bloodzombie,Oct 10 2007, 07:10 AM
If you don't want to make payments on 2 cars, the best solution is just to tell the insurance company to tow the wreck to your house and forget about it. That way you can sell the pieces on ebay and make a ton of money. Otherwise, you might have to make 3 payments. one for the wrecked car, one for the new car and one for the the insurance company.
That's insane!!

There is no chance he will be making three payments.

Simple as is.

If he has insurance and they pay out the car, then he no longer pays off the car (unless they don't pay the full amount).

If insurance doesn't pay out, then he has only paid for his insurance up until that point. You certainly wouldn't pay any more.

The question is did he have insurance and what does insurance think!?
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Old Oct 10, 2007 | 03:01 AM
  #32  
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Each day goes by reminds me how important it is that kids in high school receive what I call "real world" classes. How to build credit, how to rent an apartment, how to balance a checkbook, what insurance is all about, etc. Sigh...
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Old Oct 10, 2007 | 03:34 AM
  #33  
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How much tread did you have on your rear tires? I can see you have S-02's in the front. I know with my rear s-02s even with good tread tend to hydroplane super easily. Gotta take it slow in the rain with this car. Ive been driving my alternate vehicles when it rains to avoid this. Sorry to hear your loss but everything will work out except your insurance is going to sky rocket.
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Old Oct 10, 2007 | 08:19 AM
  #34  
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I'm going to keep posting in every thread that you have to budget enough money for fresh tires. Just being able to afford the "entry" fee into an S2000 is not enough.
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Old Oct 10, 2007 | 04:36 PM
  #35  
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so heres the best freaking story anyone will ever hear

good news:NABA priced my car at 16k. damages amount to less than 10k. insurance will pay for the car to be repaired.

bad news: i give my parents a check every 6 months for insurance. late payment. insurance is now screwing me over and not paying for the damages.

w. t. f.
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Old Oct 10, 2007 | 05:04 PM
  #36  
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Huh? Did you not pay your parents on time? Or did they not pay the insurance on time?
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Old Oct 10, 2007 | 05:46 PM
  #37  
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Originally Posted by calvinnnnn,Oct 10 2007, 05:36 PM
w. t. f.





w. t. f.



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Old Oct 10, 2007 | 05:48 PM
  #38  
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they did not pay the insurance on time.
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Old Oct 10, 2007 | 06:04 PM
  #39  
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Then make them pay for your car




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Old Oct 10, 2007 | 07:58 PM
  #40  
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I have hard this story before. Amazing to me your parents could be careless enough to allow your insurance to lapse. A good lesson in any event- keep up on your insurance payments!!!
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