I am a "boomer" and rarely carry "cash". My folks, who are their 80's, are sort of old school. Long since retired, they write a check for cash to have on hand for groceries, etc. Mom is okay with paying bills online, but she still writes checks for some bills.Carvana is trying to appeal to Millennials and Gen Z customers. You know, the ones who pay $300-400 a year in hidden charges because plastic the best thing. Never carry cash and use plastic everywhere.
Carvana isn’t buying and selling stolen cars. But they aren’t providing timely titles for the cars they are legitimately selling.I knew Carvana was on trouble. I didn't realize how MUCH trouble they are in. 6.6 Billion dollars in debt? Buying stolen cars? I often look at companies in trouble and think about how they could have avoided it. Sears for instance started out as mail order. The internet of its day. They didn't pay attention to their start and got into deep trouble. I think they are still around, but maybe not. Carvana though, I see no way they can come back from this. I think a lot of investors are going to lose their shirts.
Still very rare, compared to their inability to deliver titles for legitimate cars. A local guy used their 7 day guarantee, got his trade and money back but didn’t get the title back for his trade for months. And people buying cars and waiting months to get registration papers is very common.Tell that to the guy who bought a car that got towed because it was stolen.
Check your state regulations. In VA, if you take a vehicle off insurance you are supposed to turn in the tags. (I think).I deinsured the PT, but going to look into adding it back on in 6 months, the insurance was getting very expensive.
So, if you have a race car (dragster), it has to have insurance?Here in Alabama, I found out that you can't drop your insurance on a car unless you've sold it, traded it or it gets totaled. What a racket!!
Here in Alabama, I found out that you can't drop your insurance on a car unless you've sold it, traded it or it gets totaled. What a racket!!
I filled out a De insure form online for state of Arizona, and agreed it will not be driven on public roads, if you drop insurance and don’t fill out this form I believe they mail you a letter and threaten to suspend your registration on the vehicle if you can’t send in proof of insurance.Check your state regulations. In VA, if you take a vehicle off insurance you are supposed to turn in the tags. (I think).
VA periodically checks insurance rolls (I think the insurance co's have to submit a listing of VIN's for which they are providing insurance coverage). If a VIN is not found the listed owner gets a nasty letter requesting a) insurance information (company and policy #), b) $600 uninsured motorist fee, or c) turn in the license plates.
In VA, you can have untagged vehicles, but they cannot be driven on public roads and must be out of sight from the street or covered.
I am terrified of stick shift.I have a 28 year old daughter who is TERRIFED of driving. She's okay riding in a car with me and even if I crank it up to 100mph to get around slow moving traffic. BUT, she's disabled and even though I think she'd be able to do okay with it, she's not really interested. I keep telling her that I'm not going to be around forever and she's going to have to learn eventually. She saw the after effects of a head on collision that my son and I were in back in 2010 and freaked out over that. We were both fine, but it left a negative impression on her. I STILL miss that 2008 Caliber. At least all of the airbags worked the way they were supposed to and other than my son getting a damaged knee, we walked away. I was sore for weeks from the seat belt and had a couple of burns from the airbag. The other driver lived as she was a drunk/stoned 18 year old teenager at the time. She passed out behind the steering wheel of her 2002 Neon. They had to cut her out and she had a broken ankle and a few scrapes and bruises as a result. Lucky girl!
My wife can't drive a vehicle with a manual transmission. I tried to teach her when we were first married 36 years ago, but she couldn't get it so almost every vehicle (except one) we've bought has an automatic transmission. God knows, I tried to teach her. The one vehicle was a hand-me-down from my dad - a 1979 Chevrolet El Camino 305 V8 w/4-speed manual. We didn't have it long.I am terrified of stick shift.
I can't drive that to this day.