[quote name='trust_212' timestamp='1345598984' post='1302353485']
i don't know much about wise investments on cars but have a question...

I wanted to buy a BMW 5 series car last year but some how with friends suggestions that insurance would be high( FL insurance is usually higher) and maintenance costs are high and also being my 1st car i compromised and bought new Honda Civic EX 2012 on may 1st 2011 as soon as it came out in market...now i am not liking my car at all...i always feel like selling it off and buying a BMW 5 series car but my friends says i would end up with huge loss and they are asking me to wait...present miles on my car is 16k...no accidents..Also, i remember paying gap coverage around 2000 or 2500 $ ippudu if i sell off my car gap coverage dabbulu anni waste ayipoyinatte na leda when i sell the car i will sell including the price of gap coverage...Absolutely no knowledge of cars..pls help
[/quote]
naaku telisinantha varaku gap coverage anedhi vehicle povadam or accident avuthey insurance dabbulu vasthayi kada. appudu actual kbb value - insurance money. adhi cover chesthundi.
car thakkuva price ki sale chesthey cover chesthundi anukonu

[quote name='trust_212' timestamp='1345599444' post='1302353545']

motham gap coverage to kalipi around 25 ayyindi on road..ippudu ammute will i atleast get 20k?
[/quote]

I also want to know what is considered as loss...car will certainly have depreciation so entaki ammachu atleast with no loss..

[quote name='trust_212' timestamp='1345599444' post='1302353545']

motham gap coverage to kalipi around 25 ayyindi on road..ippudu ammute will i atleast get 20k?
[/quote]
bhayya 25k lo tax ey 2k-2.5k ayyi unyadi. adhi minus chesthey 23k. 23k car ki 1yr tharuvatha 20k raavu.

[quote name='Vaampire' timestamp='1345599476' post='1302353549']
naaku telisinantha varaku gap coverage anedhi vehicle povadam or accident avuthey insurance dabbulu vasthayi kada. appudu actual kbb value - insurance money. adhi cover chesthundi.
car thakkuva price ki sale chesthey cover chesthundi anukonu
[/quote]

Yeah i get it but my question is the person who is buying the car should be willing to take the car with gap coverage kada? Also, gap coverage is for car right can i cancel it or is it like i will loose the money...23k was price of car..so 21k ammute naku a gap coverage ki pay chesina money waste ayipoyinatte kada? i am if i am talking irrelevant but naku anta idea ledu

[quote name='trust_212' timestamp='1345599665' post='1302353578']

Yeah i get it but my question is the person who is buying the car should be willing to take the car with gap coverage kada? Also, gap coverage is for car right can i cancel it or is it like i will loose the money...23k was price of car..so 21k ammute naku a gap coverage ki pay chesina money waste ayipoyinatte kada? i am if i am talking irrelevant but naku anta idea ledu
[/quote]
gap coverage ki entha pay chestharu>?? monthly 10 or 15 anukunta kada.

ammithey gap coverage deniki panikiraadu anukunta. only for accidents and dongathanam.

[quote name='Vaampire' timestamp='1345599541' post='1302353562']
bhayya 25k lo tax ey 2k-2.5k ayyi unyadi. adhi minus chesthey 23k. 23k car ki 1yr tharuvatha 20k raavu.
[/quote]

yeah..car was 21500 anukunta with tax 23 odd and with gap coverage it was 25k..so what would be total loss ?

[quote name='Vaampire' timestamp='1345599795' post='1302353588']
gap coverage ki entha pay chestharu>?? monthly 10 or 15 anukunta kada.

ammithey gap coverage deniki panikiraadu anukunta. only for accidents and dongathanam.
[/quote]


i paid for gap coverage when i bought the car..i remember around 2k in show room

trust_212

cars.com lo ee car sale ki undi

[url="http://www.cars.com/go/search/detail.jsp?tracktype=usedcc&csDlId=&csDgId=&listingId=96937952&listingRecNum=5&criteria=sf1Dir%3DDESC%26mkId%3D20017%26stkTyp%3DU%26mdId%3D20823%26rd%3D30%26crSrtFlds%3DstkTypId-feedSegId-mkId-mdId-yrId%26zc%3D32830%26rn%3D0%26PMmt%3D1-1-0%26stkTypId%3D28881%26sf2Dir%3DASC%26sf1Nm%3Dprice%26yrId%3D39723%26sf2Nm%3Dmiles%26isDealerGrouping%3Dfalse%26rpp%3D50%26feedSegId%3D28705&aff=national&listType=1"]http://www.cars.com/go/search/detail.jsp?tracktype=usedcc&csDlId=&csDgId=&listingId=96937952&listingRecNum=5&criteria=sf1Dir%3DDESC%26mkId%3D20017%26stkTyp%3DU%26mdId%3D20823%26rd%3D30%26crSrtFlds%3DstkTypId-feedSegId-mkId-mdId-yrId%26zc%3D32830%26rn%3D0%26PMmt%3D1-1-0%26stkTypId%3D28881%26sf2Dir%3DASC%26sf1Nm%3Dprice%26yrId%3D39723%26sf2Nm%3Dmiles%26isDealerGrouping%3Dfalse%26rpp%3D50%26feedSegId%3D28705&aff=national&listType=1[/url]


akkada.price 18k undi
kbb lo retail value 19k, private party 17k, trade in value 16k undi.

[quote name='trust_212' timestamp='1345599910' post='1302353607']


i paid for gap coverage when i bought the car..i remember around 2k in show room
[/quote]
gap coverage ki 2k undadhu bhayya.
car accident avuthey insurance vaadu kbb value ki 1-2k thakkuva isthadu. so appudu 2k save chesukodam kosam mundey 2k enduku kadutharu janalu

[quote name='Vaampire' timestamp='1345600039' post='1302353620']
trust_212

cars.com lo ee car sale ki undi

[url="http://www.cars.com/go/search/detail.jsp?tracktype=usedcc&csDlId=&csDgId=&listingId=96937952&listingRecNum=5&criteria=sf1Dir%3DDESC%26mkId%3D20017%26stkTyp%3DU%26mdId%3D20823%26rd%3D30%26crSrtFlds%3DstkTypId-feedSegId-mkId-mdId-yrId%26zc%3D32830%26rn%3D0%26PMmt%3D1-1-0%26stkTypId%3D28881%26sf2Dir%3DASC%26sf1Nm%3Dprice%26yrId%3D39723%26sf2Nm%3Dmiles%26isDealerGrouping%3Dfalse%26rpp%3D50%26feedSegId%3D28705&aff=national&listType=1"]http://www.cars.com/...onal&listType=1[/url]


akkada.price 18k undi
kbb lo retail value 19k, private party 17k, trade in value 16k undi.
[/quote]

I didn't understand that basha unfortunately..entaku price entanattu present value without tax?

[quote name='trust_212' timestamp='1345599853' post='1302353595']

yeah..car was 21500 anukunta with tax 23 odd and with gap coverage it was 25k..so what would be total loss ?
[/quote]
vammo 25k naa honda civic. naku telisi dani value ippudu oka 18k-19k untundii anta kanna ekkuva radua aanukuntaaa ee carina bokka bokke anduke anedii luxury car konu enjoy cheyyii

[quote name='Vaampire' timestamp='1345600109' post='1302353627']
gap coverage ki 2k undadhu bhayya.
car accident avuthey insurance vaadu kbb value ki 1-2k thakkuva isthadu. so appudu 2k save chesukodam kosam mundey 2k enduku kadutharu janalu
[/quote]
Emyanan knowledge undha bhayya neeku...epudu vintame kani ninu chudaledhu..jarra address cheparadhe[img]http://lh4.ggpht.com/-R0tRjxagkHo/T-eKK6e5scI/AAAAAAAAHCE/CWnzhzBiRus/s150/PK-81.gif[/img][img]http://lh4.ggpht.com/-R0tRjxagkHo/T-eKK6e5scI/AAAAAAAAHCE/CWnzhzBiRus/s150/PK-81.gif[/img]

[quote name='Vaampire' timestamp='1345600039' post='1302353620']
trust_212

cars.com lo ee car sale ki undi

[url="http://www.cars.com/go/search/detail.jsp?tracktype=usedcc&csDlId=&csDgId=&listingId=96937952&listingRecNum=5&criteria=sf1Dir%3DDESC%26mkId%3D20017%26stkTyp%3DU%26mdId%3D20823%26rd%3D30%26crSrtFlds%3DstkTypId-feedSegId-mkId-mdId-yrId%26zc%3D32830%26rn%3D0%26PMmt%3D1-1-0%26stkTypId%3D28881%26sf2Dir%3DASC%26sf1Nm%3Dprice%26yrId%3D39723%26sf2Nm%3Dmiles%26isDealerGrouping%3Dfalse%26rpp%3D50%26feedSegId%3D28705&aff=national&listType=1"]http://www.cars.com/...onal&listType=1[/url]


akkada.price 18k undi
kbb lo retail value 19k, private party 17k, trade in value 16k undi.
[/quote]

does it mean present value of car is 18k + tax?

[quote name='Vaampire' timestamp='1345600109' post='1302353627']
gap coverage ki 2k undadhu bhayya.
car accident avuthey insurance vaadu kbb value ki 1-2k thakkuva isthadu. so appudu 2k save chesukodam kosam mundey 2k enduku kadutharu janalu
[/quote]

i didn't knew...he said he cannot deliver car without gap coverage anukunta..i remember so...nenaite kattanu around 2k for gap coverage ...was that a loss?

[quote name='trust_212' timestamp='1345600270' post='1302353650']

does it mean present value of car is 18k + tax?
[/quote]
yes. nuvvu private party ki ammithey 15-16k kantey ekkuva raavu.
neeku best option kotha car elago konta antunav kada, so ee car ni trade in cheseyyi. elago bmw 50k peduthav kada, aa dealer gaadu 1-2k ni li8 thisukoni neeku ekkuva ichey chances unnayi