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      02-22-2013, 02:35 PM   #57
Is Joe King
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Drives: 2012 300C SRT8
Join Date: Jan 2008
Location: Toronto, ON

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Originally Posted by fravel View Post
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 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!