Originally Posted by fravel
My loan on my car is only 15% of post-tax income. Factor in insurance and it is 22%
You must be either a terrible driver, or a terribly unlucky driver to have been caught so many times?
So if insurance increases your payment from 15% to 22% then that must mean you are paying almost half your car payment per month in insurance?
If you have an 06 330i...my guess is the loan per month is $600-$700? Just a guess. That must mean you are paying about $3,600 a year in insurance?
Edit: Or your car is much cheaper. But if you are paying that much in insurance I feel for you!