Main > Everything Else
Hope for the good in people but expect the worst
clanggedin:
Here in Utah you have to show proof of insurance on your car in order to get a loan financed. If the lender does not receive proof that you have not added your new car to your policy then they stick you with their insurance which is super expensive.
If someone finances a car and doesn't insure it, then if it gets wreck they will be less likely to keep paying on the loan. The bank repos a totalled vehicle ans loses even more money, but if you are insureced then you will be much more likely to keep paying on it and the bank won't lose money.
On people with less than stellar credit - many of the lender will require at least an extended warranty and sometime GAP so they won't lose money if the vehicles ever breaks down or gets wrecked.
ChadTower:
That's not a Utah thing - that's just how banks work. They want their asset (and it is their asset until you have paid it off) insured. This isn't a result of the law.
Ed_McCarron:
--- Quote from: crashwg on November 25, 2007, 10:55:47 am ---
--- Quote from: Ed_McCarron on November 24, 2007, 03:58:05 pm ---No, really? Theres steel under there? :dizzy:
My point was the bumpers made of EXPOSED steel end up costing less to repair. :) Think 1970's vintage anything.
--- End quote ---
So your point is that cars should be designed with only form in mind and function not only takes a backseat but is rather thrown out of the car?
--- End quote ---
Eh? I thought I implied the opposite.
Function over form. Make a solid, sensible bumper that works on all vehicles and doesn't take aesthetics into account.
Betcha it'd save lives.
crashwg:
--- Quote from: Ed_McCarron on December 03, 2007, 07:52:15 pm ---
--- Quote from: crashwg on November 25, 2007, 10:55:47 am ---
--- Quote from: Ed_McCarron on November 24, 2007, 03:58:05 pm ---No, really? Theres steel under there? :dizzy:
My point was the bumpers made of EXPOSED steel end up costing less to repair. :) Think 1970's vintage anything.
--- End quote ---
So your point is that cars should be designed with only form in mind and function not only takes a backseat but is rather thrown out of the car?
--- End quote ---
Eh? I thought I implied the opposite.
Function over form. Make a solid, sensible bumper that works on all vehicles and doesn't take aesthetics into account.
Betcha it'd save lives.
--- End quote ---
Uh, yea... Don't know how I got that backwards but what I meant was the opposite! :P
Navigation
[0] Message Index
[*] Previous page
Go to full version