Insurance is a rip-off!

Bulldog you are totally right but older cars often have constant repair needs. If you are mechanically inclined you can mitigate this to some degree. I would just argue you gotta think it out and see if paying your insurance is cheaper than getting an older car that will need a repair budget and could be unreliable.

In my state you can actually forgo insurance entirely by showing you have the assets to cover the state minimum coverages and posting a bond. Additionally there are some insurance companies where you can get an even better rate by paying in six month chunks. New cars are very expensive and it's hard to find a decent reliable car for a good price, so often you are forced to get a loan and a car with a loan requires collision and comprehensive