Quote:
Originally Posted by Wayne Maybury
David, would that not also result in the cars being just about impossible to sell? Can you imagine calling your insurance company to get a quote for the new GT 500 KR that you are about to buy? You are told that either they will not insure it at all or they will charge $$$$$ with a very high deductible. I think that most people would very quickly decide to buy something else. The KR's already produced will then just sit on the dealer's floor collecting dust. Due to this incident, this may already be happening.
Wayne
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Wayne:
Yes, for the few folks that WILL check into insurance before buying a KR........but a lot of folks with money will buy the car first and find out the bad news later, then have an expensive "garage queen" on their hands........
A few months ago, my 23 year old daughter just had to have a new Mustang GT, she told me she could afford the monthly note and had already spoke to a dealer about pricing and trading in her 02 Toyota...I told her to check with her insurance company before doing anything else as a new Mustang GT would be more expensive to insure than a 7 year old Toyota, well, she did, and she's still driving the Toyota!!!!!!!!!!!!!!!!! her insurance premium would just about double what she's paying now and that was the deal killer......not many folks have the foresight to do this beforehand!!!!!!!!!!!!!!!!!my daughter didn't!!!!!!!!!!!!!!!!!!!!!!!!!
It's gonna happen sooner or later, once an insurance company or two get burned on the repair bill, the word will spread thru the insurance industry like a California wildfire and it will not take long for them to figure out insuring a handful of these cars is just not worth it.................
Also another classic example of CS having a good thing going and then shooting himself in the foot!!!!!!!! I kinda hope those new KR's either sit at CS's place in Vegas or rot on the showroom floors........
David