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Reply to "At what income is it appropriate to buy a 200k car?"
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[quote=Anonymous][quote=Anonymous]What happens when someone hits it and doesn’t have that kind of insurance coverage? I’ve always wondered this. Most people don’t have more than $50,000 or $100,000 at most for a single liability incident. [/quote] Exotic car owner here. Your own insurance covers it then if the other party is under-insured. I pay pretty high insurance rates for that reason.[/quote]
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