KouSeiya315 wrote:Was I not born yet when you were 25? :bonk:
Almost. :sweat:
Almost. :sweat:
Cars and other kinds of motoring gibberish
Started by ahochaude · 3 May 2004 · 4,980 replies
General Discussion
Almost. :sweat:
What your talking about Ins. payments going down when you turn 25?
SubaruWRX wrote:What your talking about Ins. payments going down when you turn 25?
I heard the same thing, but saw nothing when I turned 25. :( According to statistics, males under 25 are involved in lots of accidents, so....since I fell in that category, I must pay for others mistakes. I can't forget to add that your zip code also has an effect on the premiums. But what can I do when insurance is absolutely mandatory?
dochira wrote:
I heard the same thing, but saw nothing when I turned 25. :( According to statistics, males under 25 are involved in lots of accidents, so....since I fell in that category, I must pay for others mistakes. I can't forget to add that your zip code also has an effect on the premiums. But what can I do when insurance is absolutely mandatory?
my insurance dropped somewhat, after i turned 25, 8 plus long years ago...... :hehe:
dochira wrote:
I heard the same thing, but saw nothing when I turned 25. :( According to statistics, males under 25 are involved in lots of accidents, so....since I fell in that category, I must pay for others mistakes. I can't forget to add that your zip code also has an effect on the premiums. But what can I do when insurance is absolutely mandatory?
Yep.. When I moved from my old town to the new town the Ins jumped up $300 and I can see why.. Someone stole the plates off my Subaru a year after I lived in that city..
However I'm getting ready to change it to the town I live in now, and it goes down about $200.. I have no worrys about anyone taking my plates here.. I mean you have some Uber nice cars around here so it's cheaper.
dochira wrote:
I heard the same thing, but saw nothing when I turned 25. :( According to statistics, males under 25 are involved in lots of accidents, so....since I fell in that category, I must pay for others mistakes. I can't forget to add that your zip code also has an effect on the premiums.
YAY UTERUS!! :woot: :hehe:
lol don't get me started on that :hehe:
dochira wrote:
But what can I do when insurance is absolutely mandatory?
yep, that's why the b******* rip you off! :shakehead:
like a person told me before Insurance is only good for when you have a crash.. other then that it's a waste...
SubaruWRX wrote:like a person told me before Insurance is only good for when you have a crash.. other then that it's a waste...
Uh, that's why they call it "Insurance." :hehe: :lol:
^LOL, that reminds me of something Judge Judy said once about a car accident case: "They call them accidents because you don't expect them. They don't call them 'on-purposes'", or something like that. Struck me funny.
bmwracer wrote:
Uh, that's why they call it "Insurance." :hehe: :lol:
:hehe: your right!
haha cool thing however with me doing my swap over to a turbo I dont have to worry about mine going up. :D
I wonder if people whose cars get redone on Pimp My Ride get additional insurance. I mean, they start with crappy cars to begin with, so I'd imagine they might be broke enough that they can't buy another one. I saw one chick who had an old pick-up truck and they did $30,000 worth of custom work on it on Pimp My Ride. If I had all that work done on a car and someone hit it or stole stuff from it, it would cost more to replace. Hmm....
No it stays the same.. it's still whatever it's listed as before it was redone.
Like my Impreza, I'm putting in a Legacy Turbo, but it's still going to be listed as a Subaru Impreza on my Ins.
Like my Impreza, I'm putting in a Legacy Turbo, but it's still going to be listed as a Subaru Impreza on my Ins.
SubaruWRX wrote:No it stays the same.. it's still whatever it's listed as before it was redone.
Like my Impreza, I'm putting in a Legacy Turbo, but it's still going to be listed as a Subaru Impreza on my Ins.
But remember that, at least here in CA, if it isn't listed, it isn't covered.
KouSeiya315 wrote:I wonder if people whose cars get redone on Pimp My Ride get additional insurance. I mean, they start with crappy cars to begin with, so I'd imagine they might be broke enough that they can't buy another one. I saw one chick who had an old pick-up truck and they did $30,000 worth of custom work on it on Pimp My Ride. If I had all that work done on a car and someone hit it or stole stuff from it, it would cost more to replace. Hmm....
my friend's friend had her car done. They screwed up on the paperwork, and she ended up paying $4000 in taxes on all the "free" stuff she got.
krim wrote:
my friend's friend had her car done. They screwed up on the paperwork, and she ended up paying $4000 in taxes on all the "free" stuff she got.
Yup, I heard some people had to sell the car because they couldn't pay for the tax.
^Going back to the car insurance. I think Chris Rock called it "In Case $hi$ Happens" :hehe:
KouSeiya315 wrote:^LOL, that reminds me of something Judge Judy said once about a car accident case: "They call them accidents because you don't expect them. They don't call them 'on-purposes'", or something like that. Struck me funny.
on a similar note, in aviation, a close encounter is called a near miss. surely that means the planes hit each other? :hehe:
Surprise, surprise: :shakehead:
Oil Company Execs Defend Huge Profits
By H. JOSEF HEBERT, Associated Press Writer
The chiefs of five major oil companies defended the industry's huge profits Wednesday at a Senate hearing where they were exhorted to explain prices and assure customers they're not being gouged.
There is a "growing suspicion that oil companies are taking unfair advantage," Sen. Pete Domenici (news, bio, voting record), R-N.M., said, opening the hearing in a packed committee room.
"The oil companies owe the American people an explanation," he declared.
Lee Raymond, chairman of Exxon Mobil Corp., said he recognizes that high gasoline prices "have put a strain on Americans' household budgets" but he defended his company's huge profits, saying petroleum earnings "go up and down" from year to year.
ExxonMobil, the worlds' largest privately owned oil company, earned nearly $10 billion in the third quarter. Raymond was joined at the witness table by the chief executives of Chevron, ConocoPhillips, BPAmerica and Shell Oil USA.
Together the companies earned more than $25 billion in profits in the July-September quarter as the price of crude oil hit $70 a barrel and gasoline surged to record levels after the disruptions of Hurricanes Katrina and Rita.
Raymond said the profits are in line with other industries when earnings are compared to the industry's enormous revenues.
But senators pressed Raymond to explain why in the aftermath of Hurricane Katrina some ExxonMobil gas station operators complained the company had raised the wholesale price of its gas by 24 cents a gallon in 24 hours. Is that not price gouging? they asked.
Raymond said he could not confirm the specific price increase, but that ExxonMobil had issued a directive in response to the storm disruptions "to minimize the increase in price while at the same time recognizing if we kept the price too low we would quickly run out (of fuel) at the service stations."
"It was a tough balancing act," said Raymond, who said it was not price gouging.
Democrats had wanted the executives to testify under oath, but Republicans rejected the idea. "If I were a witness I would demand to be put under oath," said Sen. Daniel Inouye (news, bio, voting record), D-Hawaii. The soaring prices have sent shivers through a Congress worried about political fallout.
Sen. Barbara Boxer (news, bio, voting record), D-Calif., made the issue personal, noting that the executives were reaping multimillion-dollar bonuses on top of multimillion-dollar salaries as "working people struggle" to pay for gasoline and face the specter of soaring home heating bills this winter. "Your sacrifice appears to be nothing," Boxer told the executives.
The head of the National Association of Manufacturers, former Michigan Gov. John Engler, criticized lawmakers for the way they handled the hearing.
"Demagoguery and demonization will not reduce energy prices or solve supply problems in the long run," he said. "Our energy supply and infrastructure have suffered from 25 years of increasingly restrictive government policies that have made it almost impossible to access and refine the resources we have. The Senate should dispense with the theatrics and get serious about Americas energy supply."
The White House said that President Bush, too, is concerned about energy prices.
"Energy prices have been too high and energy companies have realized significant increases in profits," said spokesman Scott McClellan. "It's important that the private sector be good corporate citizens and invest in the energy infrastructure and support those who are in need."
A number of Democrats, joined by a few Republicans, have called for a windfall profits tax on oil companies.
Domenici said he opposes such a move, saying "it didn't work before and probably won't work again." The government imposed taxes on oil company windfall profits in the 1970s, resulting in a drop in investment in oil development.
The executives hoped to dampen any further momentum for calls for taxing windfall oil company profits, something still viewed as a longshot but also no longer out of the question. Such a tax could inhibit investment in refineries or oil exploration and production, the industry argues.
James Mulva :hehe: , chairman of ConocoPhillips, said "we are ready open our records" to dispute allegations of price gouging. ConocoPhillips earned $3.8 billion in the third quarter, an 89 percent increase over a year earlier. But he said that represents only a 7.7 percent profit margin for every dollar of sales. "We do not consider that a windfall," said Mulva.
Raymond cautioned against Congress imposing "punitive measures, hastily crafted" -- an apparent reference to windfall profits taxes -- and suggested that they would inhibit investment in domestic energy projects. Both Republicans and Democrats have urged the companies to use more of their profits to build refineries and other energy projects.
David O'Reilly, chairman of Chevron, attributed the high energy prices to tight supplies even before the Gulf hurricanes hit and said his company is "investing aggressively in the development of new energy supplies."
The oil executives said their companies spend tens of billions of dollars in investments.
Shell earned $9 billion in the third quarter, said John Hofmeister, president of Shell Oil Co., but he said over the last five years the company's investment in U.S. operations was equal to its income from U.S. sales.
The oil industry's record third-quarter profits -- at a time when motorists were reeling from unprecedentedly high gasoline costs and warned of huge heating bills this winter -- have caught the attention of both Republicans and Democrats in Congress. Some analysts predict the 29 largest oil companies will earn $96 billion this year.
Oil Company Execs Defend Huge Profits
By H. JOSEF HEBERT, Associated Press Writer
The chiefs of five major oil companies defended the industry's huge profits Wednesday at a Senate hearing where they were exhorted to explain prices and assure customers they're not being gouged.
There is a "growing suspicion that oil companies are taking unfair advantage," Sen. Pete Domenici (news, bio, voting record), R-N.M., said, opening the hearing in a packed committee room.
"The oil companies owe the American people an explanation," he declared.
Lee Raymond, chairman of Exxon Mobil Corp., said he recognizes that high gasoline prices "have put a strain on Americans' household budgets" but he defended his company's huge profits, saying petroleum earnings "go up and down" from year to year.
ExxonMobil, the worlds' largest privately owned oil company, earned nearly $10 billion in the third quarter. Raymond was joined at the witness table by the chief executives of Chevron, ConocoPhillips, BPAmerica and Shell Oil USA.
Together the companies earned more than $25 billion in profits in the July-September quarter as the price of crude oil hit $70 a barrel and gasoline surged to record levels after the disruptions of Hurricanes Katrina and Rita.
Raymond said the profits are in line with other industries when earnings are compared to the industry's enormous revenues.
But senators pressed Raymond to explain why in the aftermath of Hurricane Katrina some ExxonMobil gas station operators complained the company had raised the wholesale price of its gas by 24 cents a gallon in 24 hours. Is that not price gouging? they asked.
Raymond said he could not confirm the specific price increase, but that ExxonMobil had issued a directive in response to the storm disruptions "to minimize the increase in price while at the same time recognizing if we kept the price too low we would quickly run out (of fuel) at the service stations."
"It was a tough balancing act," said Raymond, who said it was not price gouging.
Democrats had wanted the executives to testify under oath, but Republicans rejected the idea. "If I were a witness I would demand to be put under oath," said Sen. Daniel Inouye (news, bio, voting record), D-Hawaii. The soaring prices have sent shivers through a Congress worried about political fallout.
Sen. Barbara Boxer (news, bio, voting record), D-Calif., made the issue personal, noting that the executives were reaping multimillion-dollar bonuses on top of multimillion-dollar salaries as "working people struggle" to pay for gasoline and face the specter of soaring home heating bills this winter. "Your sacrifice appears to be nothing," Boxer told the executives.
The head of the National Association of Manufacturers, former Michigan Gov. John Engler, criticized lawmakers for the way they handled the hearing.
"Demagoguery and demonization will not reduce energy prices or solve supply problems in the long run," he said. "Our energy supply and infrastructure have suffered from 25 years of increasingly restrictive government policies that have made it almost impossible to access and refine the resources we have. The Senate should dispense with the theatrics and get serious about Americas energy supply."
The White House said that President Bush, too, is concerned about energy prices.
"Energy prices have been too high and energy companies have realized significant increases in profits," said spokesman Scott McClellan. "It's important that the private sector be good corporate citizens and invest in the energy infrastructure and support those who are in need."
A number of Democrats, joined by a few Republicans, have called for a windfall profits tax on oil companies.
Domenici said he opposes such a move, saying "it didn't work before and probably won't work again." The government imposed taxes on oil company windfall profits in the 1970s, resulting in a drop in investment in oil development.
The executives hoped to dampen any further momentum for calls for taxing windfall oil company profits, something still viewed as a longshot but also no longer out of the question. Such a tax could inhibit investment in refineries or oil exploration and production, the industry argues.
James Mulva :hehe: , chairman of ConocoPhillips, said "we are ready open our records" to dispute allegations of price gouging. ConocoPhillips earned $3.8 billion in the third quarter, an 89 percent increase over a year earlier. But he said that represents only a 7.7 percent profit margin for every dollar of sales. "We do not consider that a windfall," said Mulva.
Raymond cautioned against Congress imposing "punitive measures, hastily crafted" -- an apparent reference to windfall profits taxes -- and suggested that they would inhibit investment in domestic energy projects. Both Republicans and Democrats have urged the companies to use more of their profits to build refineries and other energy projects.
David O'Reilly, chairman of Chevron, attributed the high energy prices to tight supplies even before the Gulf hurricanes hit and said his company is "investing aggressively in the development of new energy supplies."
The oil executives said their companies spend tens of billions of dollars in investments.
Shell earned $9 billion in the third quarter, said John Hofmeister, president of Shell Oil Co., but he said over the last five years the company's investment in U.S. operations was equal to its income from U.S. sales.
The oil industry's record third-quarter profits -- at a time when motorists were reeling from unprecedentedly high gasoline costs and warned of huge heating bills this winter -- have caught the attention of both Republicans and Democrats in Congress. Some analysts predict the 29 largest oil companies will earn $96 billion this year.
Wow speaking of that LMAO I no longer have progessive.. my mom calls me to tell me that we switched to AIG, and with me having both cars in Greenwich, The Ins. went down $360 :D
thats good stuff.
She is going to bitch at me for doing this swap but she said thats fine.. lol we will see.
thats good stuff.
She is going to bitch at me for doing this swap but she said thats fine.. lol we will see.
At the service dept right now waiting for the work on the door attuater (sp??) is completed.
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