Quote:
Originally Posted by MetroMPG
Could you explain option 2?
Don't forget the Insight has steel parts that are rusting, including brake & fuel lines. I know a local owner who has had to relace them.
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Any idea on the cost to replace the rusted out brake lines?
My option two is based off the idea that I'm spending around $600 per year on insurance for full coverage for my 1993 civic VX, it's old enough to be a "collector" vehicle and get insurance from a company that covers vehicles with collector plates, after checking off the boxes that say I'd drive it to work some times and put as many miles on it that I do already they gave me a quote of $220 per year for the same coverage I have now.
I recently bought back my old, 1992 VX that is very rusty, needs an axle, upper control arm an brake work, I figure $200 in parts and an afternoon working on it and I'll have a winter car for when the collector plates do not allow me to drive.
Cost to insure both vehicles under this plan would be around $450 per year, saving $150 or about the same as the fuel savings I'd get from owning an Insight, of course at that point I'd own two cars, so I'd have one to loan out.