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The Water Cooler
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My old Suburban
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<blockquote data-quote="BryanDP" data-source="post: 2865254" data-attributes="member: 1111"><p>I'll give you a "YES" vote, with one "but...." I flipped through most of the posts and didn't see my only concern about this scenario addressed, so I'll make it here. If somebody runs into you and does $6K in damage I doubt you'll be able to collect more than the book value on the car even though you have close to $20K in it. But, new cars are also a risk in that you generally almost immediately own a car that is worth considerably less than you paid for it. </p><p></p><p>I don't think you made a bad decision, though. It's not something i would have done, but it would be pretty cool to own a "new" 20 year old vehicle. <img src="/images/smilies/smile.png" class="smilie" loading="lazy" alt=":)" title="Smile :)" data-shortname=":)" /></p><p></p><p>Bryan</p></blockquote><p></p>
[QUOTE="BryanDP, post: 2865254, member: 1111"] I'll give you a "YES" vote, with one "but...." I flipped through most of the posts and didn't see my only concern about this scenario addressed, so I'll make it here. If somebody runs into you and does $6K in damage I doubt you'll be able to collect more than the book value on the car even though you have close to $20K in it. But, new cars are also a risk in that you generally almost immediately own a car that is worth considerably less than you paid for it. I don't think you made a bad decision, though. It's not something i would have done, but it would be pretty cool to own a "new" 20 year old vehicle. :) Bryan [/QUOTE]
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My old Suburban
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