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Old 02-09-2015, 08:19 PM   #361
tahdizzle
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Garage
Let me break it down like this. Insurance companies feel that cars with only 2 seats are all sports cars.

Being a sports car, insurance companies feel you are more likely to get yourself into trouble.

If the engine discplacement is small and it gets good gas mileage as well as having 4 seats. Guess what, its no longer a "sports car" but an econobox like a Civic Si.

Now I feel that I have to explain how insurance rates affect the target market.
based on an average of $200/$10,000 financed, **** and Jane are probably spending about 600 dollars on their ft86.
BUT their ft86 only has 2 seats and when they get their insurance quote, its $2,000/6 mos because its a sports car.

Now this middle-class family who loves their twin is spending close to $1,000 dollars a month on their little 200hp ft86.

Let me ask you, if their target market is joe blow 25 year old making ~50k a year, or less depending on thier situation, do you think they are meeting the demand of their target market buy saying "This car will only cost you $1,000 a month to own!"?
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