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If you followed the assumptions on the reference website, the stats are probably accurate. I see two assumptions, though, that may make one think the stats may be a bit off: first, you probably don't drive a car 15,000 miles per year in Hawaii, just a guess, and second, this is for people who buy a brand new car, drive it five years, then sell it. Some people operate their cars that way, but lots of people buy used cars and drive them till the wheels fall off. I know I do.
Aloha! ;-)
Aloha! ;-)
I changed the name of the subject to Assumed cost[^]
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Coming home soon!
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Well, how many people do we know who buy a new car, drive it for five years and then sell it? We never buy new cars, they smell funny.
"I like yard sales," he said. "All true survivalists like yard sales."
Kurt Wilson
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"It states that over a five-year span the average Hawaii resident will spend about $59,457!"
I'm sure we haven't spent anything near that. We purchase used cars and then drive them for ten or more years. Now that we are retired and driving something like 3,000 miles per year and are down to one vehicle, it will cost us even less.
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OMG! That report did not include NJ - which has the highest insurance rates in the nation!
I just got back from the BI on 2/18. Gas there was only .50 more that what it is here in NJ. I say "only" b/c we have some of the lowest gas prices in the nation - AND they still pump your gas for you (it is actually against the law to pump your own gas in NJ!)
We are the worst state for car insurance fraud, have limited insurance carriers available (even Allstate pulled out).
Who in their right mind buys NEW cars, btw? Esp if they are planning on DRIVING it?
The last car I bought was my cute little 1989 red LeBaron Convertible. Gets 32 miles to the gallon highway when it is tuned properly and 25+ when it needs a tune up.
I think that report was tweaking someone's nose. If the costs in HI are higher than NJ, it only has to do with the SHIPPING cost factor of bringing cars over.
t.luve
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I was talking with a fireman one day and he shared his solution for "uninsured" drivers. He suggested placing a tax on gasoline that would cover every driver on the road. You would no longer be required to buy insurance because the State would cover it from the gas tax. No worries about "freddy" not having insurance and crashing into you because he has "gas insurance" . It would work out for the non driver too, because they don't buy gas. Another idea he had was to make it impossible to own/register a motor vehicle and not be a licensed driver.
