Quote:
Originally Posted by 2008e93M3lease
This is a liability for this kid's father. This kid's dad is obviously made out of money or crazy. Better yet his dad should have got him a Ferrari. He could have broken $1500 on the insurance payment. His insurance payment is most certainly around $600-700/ month, maybe even $1000. What do you guys think the payment is?
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You are nuts if you think the car is insured in the kids name. The kids name is nowhere near the title or the insurance.
A ferrari is in a different economic ballpark.