New advice on buying a new car

[Murlo26]

Originally Posted by turbotalon1g

I don't see why one would really need it, unless your car is something that depreciates a stupid amount daily.

I think its typically for people that end up taking out big loans for a new car, like 20k+ and spread it out over a very long time. Like a 72 month loan or something crazy so the payments are low enough.

I agree for most it won't make sense, but for the above case it might. I'd say just save up a bit to put a downpayment down so you don't end up ever needing said insurance.