[mjr24]

Originally Posted by prestonharp

My reply was satire. I was simply making a jab at the guy for making assumptions.

Completely thread de-rail, but yes I do RENT because with the current housing market where I am, it’s smarter at the moment. There was 0 injuries ✅

Will no longer be replying to this thread, issue has been solved-ish.

Sounds like your issues are just starting. You lucked out by having your renewal come up before the accident showed up but you won’t be as lucky in 6 months.

Real talk….your status is going to be even less when no one will insure you and you inevitably keep driving any car (even a shitty one) and start getting pulled over for driving without insurance.

I get you want a nice car while young and I was the same when I was that age. I also got a ton of tickets and a couple accidents and paid a ton in insurance. However, insurance nowadays is getting insane cost wise even with no tickets or crashes. Don’t handcuff yourself in the future by continuing to do dumb shit now.

[Dan B]

Originally Posted by DubaiRich

$750/mo. for insurance is just insane, but if he can afford the M4...

I would argue he can't afford the car if he was thinking about paying out of pocket to fix it because he was worried about insurance premiums.

Originally Posted by CMW33

Honestly, I would sell the car once it's fixed, get something a lot cheaper, take that $750/month insurance payment (which will only go up) and whatever the car payment is and put that toward retirement and let that grow and grow. There's a world of cars out there that are much, much cheaper but still fun to drive/mod.

Life is short but not so short that you should make terrible financial decisions. Honestly, life seems really effing long when you have money troubles.

Big time! I sat down with my Son and ran a couple of calculations on investing 10K into a fund. We ran a few scenarios based on rate of return and continuing contributions. He was blown away at the growth.