- #621 of 630
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Re: bvdj84 [elroy5]
by imidazol97
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Jul 15, 2009 (3:52 am)
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Replying to: elroy5 (Jul 14, 2009 7:39 pm)
>so if they cost more to insure than a Malibu, it's because the value is higher.
>Then simple logic says it will also cost more to insure
But that's still not complete. The insurance cost represents the probability of loss to the insurance company. Factors such as the driver's age, driving record individually and for a group, color of car, equipment on the car, and cost to repair are examples of factors in the actuarial prediction for insurance costs. I.E., if Civic coupes are owned by people who are more interested in racing from stoplights, driving at speeds far above the limit, driving carelessly, and the repair costs for damage from relatively minor hits are high then the cost of ownership for the vehicle will be higher than someone owning another brand of car quite capable of going from A to B but the mind set of the owners of the second brand doesn't lean toward the race car mentality.
A higher insurance cost on an equivalent car doesn't mean it's worth more.
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- #622 of 630
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Re: Kelly blue book [butch100]
by dmathews3
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Jul 15, 2009 (4:33 am)
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Replying to: butch100 (Jul 14, 2009 4:36 pm)
You just have to remember why most people are here, it's because they are either reseaching a purchase or have problems with their vehicle. Most owners are happy with their vehicles and are out driving them not hanging around here looking for something to go wrong.
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- #623 of 630
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Re: bvdj84 [imidazol97]
by elroy5
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Jul 15, 2009 (1:20 pm)
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Replying to: imidazol97 (Jul 15, 2009 3:52 am)
But that's still not complete. The insurance cost represents the probability of loss to the insurance company. Factors such as the driver's age, driving record individually and for a group, color of car, equipment on the car, and cost to repair are examples of factors in the actuarial prediction for insurance costs.
I thought we were talking about why the Accord would cost more to insure than the Malibu. I assumed we were talking about the same driver, same driving record, same color, same equipment, etc. 
I think if you bought a Malibu that cost $23k or an Accord that cost $23k the insurance cost would be the same, because the value would be the same.
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- #624 of 630
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Re: bvdj84 [elroy5]
by butch100
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Jul 15, 2009 (4:27 pm)
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Replying to: elroy5 (Jul 15, 2009 1:20 pm)
It's not that both cars cost XXXK, some models are much more sought after by crooks. Malibu's generally won't end up in a chop shop I guess their parts just are not in demand..
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- #625 of 630
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Re: bvdj84 [butch100]
by dmathews3
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Jul 15, 2009 (5:33 pm)
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Replying to: butch100 (Jul 15, 2009 4:27 pm)
Thats because they keep on ticking and ticking and never break so there is no aftermarket for parts. Seriously insurance costs reflect a lot on how much it costs to fix in an accident and foreign cars for the most part usually cost more to repair so the insurance is going to cost more.
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- #626 of 630
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Re: bvdj84 [butch100]
by elroy5
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Jul 15, 2009 (5:40 pm)
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Replying to: butch100 (Jul 15, 2009 4:27 pm)
Hondas were a very popular choice of thieves years ago, because many Honda models had interchangeable parts, including engines and transmissions. The Integra was the big target, because it had a higher performance engine, that could easily be swapped into an Accord or Prelude. The cars were also very easy to steal back then. I doubt Accords are stolen much anymore, mainly because of the Immobilizer system, and you can just buy a V6 engine in an Accord now, instead of putting the higher performance 4 cylinder engine from an Acura TSX in it. In the early 90's you could not get a V6 in an Accord, so the only way to get a power boost, besides home-made turbo, was the Acura 4 cylinder engine.
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- #627 of 630
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1991 Honda Civic or 1987 Chevy Beretta
by riverwlkr02
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Jul 19, 2009 (2:36 pm)
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Was wondering what your choice would be. I have to decide between a 1991 Honda Civic or 1987 Chevy Beretta. The Civic has 168,000 miles on it. Engine/trans good. Needs front ball joints. Test drived - not bad! Little rust and no dents. Asking $775.
1987 Chevy Beretta has 136,000 miles and some rust. The brakes felt damp (small line where it seeps out a connector) - flange ends of brake lines. Asking $750. New battery, air filter, manifold.
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- #628 of 630
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Re: 1991 Honda Civic or 1987 Chevy Beretta [riverwlkr02]
by dmathews3
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Jul 19, 2009 (3:19 pm)
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Replying to: riverwlkr02 (Jul 19, 2009 2:36 pm)
I would say there are going to be continuing problems with either car. The Chevy will be a whole lot cheaper for parts than the Honda will be. Most likely 1/2 the price as the same parts are in use in a whole bunch of smaller GM cars. Check out a couple of parts stores for some common parts like starter, altanator, brake parts etc.
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- #629 of 630
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Re: 1991 Honda Civic or 1987 Chevy Beretta [riverwlkr02]
by elroy5
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Jul 19, 2009 (3:52 pm)
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Replying to: riverwlkr02 (Jul 19, 2009 2:36 pm)
Chances are, the Civic will be easier to keep rolling than the Beretta. There are a lot of 91 Civics left on the road, whereas the Beretta is on the verge of extinction. GM stopped making the Beretta and Corsica for good reason. Brakes, intake manifolds, and alternators are just a few of the components that needed frequent attention. Check the reliability ratings.
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- #630 of 630
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Re: 1991 Honda Civic or 1987 Chevy Beretta [elroy5]
by bvdj84
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Jul 19, 2009 (5:49 pm)
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Replying to: elroy5 (Jul 19, 2009 3:52 pm)
Either way, have the car you seem to like inspected. It is cheaper to get parts for a GM car. But, how many parts would need attention? I would probably go with the Civic, only because its fairly newer than the beretta. Otherwise pick the one you like.
If they were closer in age, well it would be a toss up.
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