Insurance. Daily Driver vs. 2nd Car?

[AlexTheGreek]

So I currently drive a Honda Civic 99 Hatch and I will be receiving my BRZ in January.

Do I keep my sh*tbox as a daily driver or sell it for a couple of grand and just do the BRZ as a daily driver?

In total, it's more expensive to have both cars insured by about 20-30$/month than just the BRZ as a daily from the quotes I've gathered. Is this accurate based on your experiences? What should I do? I've never owned more than one car in the USA or more specifically North Carolina.

[WolfpackS2k]

What you have stated is accurate. My Integra with liability only costs around $300/year to insure. Keeping this car around has been great for keeping the mileage down on the S2000, as well as for inclement weather or whenever they spray the roads with salt in anticipation of inclement weather that never arrives...b/c who wants salt on their baby?

BTW I live in Raleigh

[Sevs753]

I'm planning on doing the same thing but with my Prelude as a DD. Are you just going to have liability on the civic? or Full coverage on both?

[gily25]

A lot of people are keeping their old car as a way to lessen miles and certain driving conditions on their 86 (I'm one of them). However if I were in the position where insurance cost more than the the old car is worth and travel wasn't an issue I would probably only have one car.

Are you planning any future projects where the car might be on the lift for a few days? Thinking of doing autocross or SCCA days? You might want to keep your old ride as a back-up since the insurance cost is probably only 1-3 days of needing a rental car. If you keep the car, see if you are paying for rental car coverage in your policy then have them nix it, it'll save you about $60 a year on average.

[WRXGuy1]

I've always been one to just drive one car. Personally, I'd hate to have to drive a late 90's beater car when I'm paying $400/mo for a BRZ that is sitting in the garage, I want to fully enjoy my BRZ during it's prime years.

[wbradley]

I have a winter car (xB) and the FR-S. While in the garage I pay fire and theft only which is $2-300/ year. When the FR-S comes out in April I just notify insc and they flip it around.

For me it is way too costly to have both going at the same time. Perhaps there is a further reduced rate for part time use only if you have 2 driven in the same months. I am listing the FR-S as pleasure driving only vs commuting but still it's expensive for a second vehicle on the road with me the only driver at the same time.

[Jayde]

Originally Posted by WRXGuy1

I've always been one to just drive one car. Personally, I'd hate to have to drive a late 90's beater car when I'm paying $400/mo for a BRZ that is sitting in the garage, I want to fully enjoy my BRZ during it's prime years.

And the fact I can't afford a second car, insurance, and year long storage somewhere.

[ngabdala]

I live in New England. We get blizzards up here. BRZ = my DD. Can't wait for a snowstorm. I'm not making car payments to park this baby in a garage.

[xdbuix]

my stance is why have 2 cars? Just drive the brz, and when its time to upgrade down the road, you turn in ur brz and get another car.

[Sevs753]

Originally Posted by xdbuix

my stance is why have 2 cars? Just drive the brz, and when its time to upgrade down the road, you turn in ur brz and get another car.

Some of us (like me), live in snowy places so a sporty RWD car isn't the best option. Plus, I am going to want to keep the salt from the roads off the BRZ.

[AlexTheGreek]

Originally Posted by Sevs753

I'm planning on doing the same thing but with my Prelude as a DD. Are you just going to have liability on the civic? or Full coverage on both?

Just liability on the 99 civic. It's not worth it two way.

[AlexTheGreek]

Originally Posted by gily25

A lot of people are keeping their old car as a way to lessen miles and certain driving conditions on their 86 (I'm one of them). However if I were in the position where insurance cost more than the the old car is worth and travel wasn't an issue I would probably only have one car.

Are you planning any future projects where the car might be on the lift for a few days? Thinking of doing autocross or SCCA days? You might want to keep your old ride as a back-up since the insurance cost is probably only 1-3 days of needing a rental car. If you keep the car, see if you are paying for rental car coverage in your policy then have them nix it, it'll save you about $60 a year on average.

I guess it comes down to whether or not you plan to tinker/track your car and if you are worried about high mileage.

Another thought that came to mind, is that sometimes you need to drive to places that have sketchy parking situations (bar, sporting events, concerts, etc..) and you probably don't want your car to get messed up by drunk/ignorant people.

I think I just might keep my civic... still on the fence.

[Dorb]

I still drive my 91 Firebird I have had for 18 years to work everyday. Forgot to mention it only takes 8 mins to get to work.(just turned 94k miles.)

We keep cars along time, saving the BRZ for nice weekends and summer.

[ozne99]

I sold my 94 EG hatch and picked up the BRZ. I boughtthe EG with 65,000 miles and sold it at 103,000. I hated knowing that I was going to be putting additional miles on such a rare item, but like some stated earlier, you want to enjoy it while you have it. The EG was my daily driver for 4 years and glad to have moved on to something a lot more comfortable. I'm going to drive the BRZ until the wheels fall off.