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Insurance and Financing Questions - Pls Help.
Hi All,
This might be some common questions and hate to beat a dead horse but I didn't see any posts offhand. Can somebody please answer/comment on these question briefly? I am contemplating purchasing a FFR roadster (completed) and trying to work up some realistic numbers.
1) What's the typical collision/no fault premiums for a car like this? I'm over 30 years old, married, no kid, no accidents or tickets. Would I need to go through a special insurance agency (no State Farm, Allstate, etc)? Do I need to get it appraised?
2) If I needed to finance part of the purchase price, do I need to get a load other than a typical 'used car' loan? If so, what's the best route/value that can be recommended (no home equity loan please as the market values are so poor)? Is any one company have better rates for a purchase of this sort? I have enough to pay cash on about 1/3 of the asking price.
Please advise and thanks.
Mark G.
Fort Myers, FL
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