Saturday, October 31, 2009

I got approved for the car loan but the insurance is more than the car note?

i am so mad. okay i got approved for an 05 pontiac grand am se. that barrier has been brought down. now im stuck with this insurance deal. since i am so new, its hard for me to get a good insurance quote. most places want 600-800 down and i dont have that kind of money. my car note would be around 330 but the insurance is mor3 than the car note. what am i to do? im checking progressive and they quote me at 161 monthy/1000 for 6 months. i cannot pay 360 a month for car insurance. im so sick right now...



I got approved for the car loan but the insurance is more than the car note?

try AIG very cheap in car insurance



I got approved for the car loan but the insurance is more than the car note?

that's a reality of being a grown up



I got approved for the car loan but the insurance is more than the car note?

thats alot, thank god i do not live there!



I got approved for the car loan but the insurance is more than the car note?

That totally SUCKS! I'm so sorry to hear that.



Advice to everyone: If you're looking at a car to buy, check the cost of the insurance BEFORE you sign the deal! Know what you're REALLY getting yourself into!



I got approved for the car loan but the insurance is more than the car note?

I assume you're going for the lowest possible amount of insurance coverage to be able to get it registered? Check with your DMV for the requirements. Sometimes all you have to carry is collision insurance to get licensed, and that is a lot cheaper than comprehensive coverage.



I got approved for the car loan but the insurance is more than the car note?

there aint **** to do for you except tell you to look for a 1999 or newer since banks usually wont finance a vehicle more than 7 years old, you'll still need full coverage but will make smaller payments. and since its used it wont be depreciating as fast as new and when your insurance goes down you can trade up. good luck I'm doing this right now because they wanted 450 per month for full coverage of a truck i would have paid 375 per month for.

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