[pianotech] vehicle lease

[Matthew Todd]

That's a good point, David.  In fact, a lot of insurance companies won't even insure a $1500 car for comprehensive.  It doesn't make sense to them either.


TODD PIANO WORKS 
Matthew Todd, Piano Technician 
(979) 248-9578
http://www.toddpianoworks.com


________________________________
From: David Love <davidlovepianos at comcast.net>
To: pianotech at ptg.org
Sent: Wednesday, November 9, 2011 9:24 AM
Subject: Re: [pianotech] vehicle lease


That’s right.  And it depends on the value of the car.  Comprehensive on a $1500 car doesn’t sense but comprehensive on a $25000 car does.   You are insuring against catastrophic failure, as it were.  Your affordable monthly payment prevents you from having to pull out for a $5000 repair for which there’s no guarantee that it won’t happen again a week after you get the car back.  You don’t buy comprehensive insurance for window replacement.  
 
David Love
www.davidlovepianos.com
 
From:pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf Of Dean May
Sent: Wednesday, November 09, 2011 6:48 AM
To: pianotech at ptg.org
Subject: Re: [pianotech] vehicle lease
 
Matthew,  if you wish to argue that your approach is more convenient and gives you a level of security, fine. For you to imply, though, that it saves you money in the long run is ridiculous. Insurance companies make money for a reason. Lots of money, actually. Their biggest problem is what to do with all the cash they generate. I’d bet you have spent several times what I’ve spent on vehicles, maintenance, and insurance. Admiittedly, my approach takes a little more work, a little more thinking outside the box, perhaps more inconvenient at times. For the 10s of thousands of dollars it has saved me in my lifetime, I’d say it is worth it. 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: Wednesday, November 09, 2011 8:33 AM
To: Rob McCall; pianotech at ptg.org
Subject: Re: [pianotech] vehicle lease
 
True.  Unless of course, someone rearends you.....and wouldn't ya know?  They don't have insurance!  Ooops, guess I just lost that money I thought I was saving over the years :-)
 
TODD PIANO WORKS
Matthew Todd, Piano Technician
(979) 248-9578
http://www.toddpianoworks.com/
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