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- Vehicle(s) I currently own
- 2006 BMW 330Ci Coupe
He is the friendly one..
Are kyfdx and Michaell BMW dealers? You both are so knowledgeable!Nope. Just friendly guys on the internet with the information you seek.
Yeah.. that seems doubtful that your homeowner's coverage would cover a vehicle that you purposefully left uninsured. Plus, @corvette knows all about legal stuff.
I'd guess those 20" P-Zeros are $500+ each.
My biggest issue, other than the cost, is how easy is it going to be to make a claim on the plan? Insurance companies make money by denying claims. (no offense to any insurance company employees.. lol)
I liked the deal on the one I bought, but it's not the model or the low mileage vehicle that I would have bought to replace one of my vehicles. So, it's more of a pure arbitrage play. Had I found a low mileage wagon with a stick, I might have used it as my primary, and then would have been more likely to jump on another one, right away.
Plus, I didn't immediately buy into this. It took me a couple of weeks to come around. Of course, since I've made the purchase, the details have become clearer. I've been looking pretty hard since the first of the month, and as noted, the really good deals are gone, and the decent deals disappear, quickly.
However, there is always someone trading in these vehicles on a daily basis. It's just hard to catch them. I should retire, so I have more time to devote to it.
Home of Triple Crown jockey, Steve Cauthen