[pianotech] vehicle lease

[Matthew Todd]

I don't see how you can save money on buying $1500 vehicles, with all the added maintenance that comes with it.  I bought a used car several years back for $2000.  It drove for about nine months before I had to take it in for a repair.  The estimate came back at $3500 (not including added work that also needed to be done later).  $3500 + $2000=$5500, divided by 9 months?  That adds up to more than twice a car payment can be.
 
Also, I had a windshield replaced 6 years ago by someone.  He charged me $35 at the time.  He didn't seal the windshield completely and I was left it and paid more out of pocket to get it fixed.
 
Having the extra coverage doesn't make me extravagant.  It just means, I am prepared for what could happen.  I also had to put in a claim because someone broke a window and stole my CD player.  $50 deductible for a $450 CD player and $250 for the window.  This added coverage has saved me more than what I've already paid into it.  It doesn't cost that much more.
 
 .  
TODD PIANO WORKS 
Matthew Todd, Piano Technician 
(979) 248-9578
http://www.toddpianoworks.com


________________________________
From: Dean May <deanmay at pianorebuilders.com>
To: pianotech at ptg.org
Sent: Tuesday, November 8, 2011 8:50 AM
Subject: Re: [pianotech] vehicle lease


My experience is that kind of coverage makes you an extravagant consumer and is the same reason our health care system is a mess. For a $1500 vehicle I would not spend $500 on a new windshield. I’d get one from the salvage yard for less than $50 and find an installer who moonlights and would install it for $40.  And I still save money compared to what extended insurance coverage costs. I’ve saved thousands in the years I’ve been driving following this rationale. YMMV. 
 
Dean
Dean W May                        (812) 235-5272 voice and text
PianoRebuilders.com           (888) DEAN-MAY         
Terre HauteIN47802           Give us a LIKE on Facebook! Go to PianoRebuilders.com

________________________________

From:pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf Of Matthew Todd
Sent: Tuesday, November 08, 2011 9:32 AM
To: pianotech at ptg.org
Subject: Re: [pianotech] vehicle lease
 
I've never had minimum insurance coverage and never plan to.  Comprehensive is a good thing to have.  Example:  I recently paid $50 (deductible) for a $500 windshield.


 
TODD PIANO WORKS
Matthew Todd, Piano Technician
(979) 248-9578
http://www.toddpianoworks.com
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://www.moypiano.com/ptg/pianotech.php/attachments/20111108/ed9040e7/attachment.htm>