Advertiser Disclosure: Many of the savings offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all deposit accounts available.

Avoid Speeding Tickets - Easy and Obvious Way to Save Money

Published 9/9/07 (Modified 3/9/11)
By MoneyBlueBook

Traffic and parking tickets are the absolute worst ways to have to spend your money. The only possible good that can come from it is that you save a few extra minutes by speeding or a few extra minutes by not having to find a less convenient parking space.

Pulled Over in New York and Paying Dearly

Earlier in the year, I was pulled over in upstate New York for greatly exceeding the 65 miles per hour speed limit. Needless to say I had no credible defense other than that I did so in an otherwise "safe manner" since there was no one else on the interstate highway. Obviously what I did was wrong and I paid heavily for it. I was fined $500 for the speeding violation and penalized an additional $450 for a New York state law called the Driver Responsibility Assessment, which imposes a stiffer penalty for greater violations. The total came to nearly $1000.

Virginia and the New $3,550 Speeding Ticket

Many states are enacting stiffer penalties for traffic violations. In Virginia, the government recently enacted a very controversial self proclaimed revenue-generating law that slapped many ordinary traffic offenses with an additional civil remedial fee. That means a motorist convicted of reckless driving (75 mph in a 55 zone would qualify) faces not only a fine of up to $2,500 and a year in jail, but a non-negotiable and non-waivable $350 a year tax for three years, bringing the total possible cost of a speeding ticket to a whopping $3550.

Costly, But I Learned My Lesson

Comparatively but thankfully, my offense occurred in New York state, and my total fine was only a "measly $1000." I regret having to pay the fine but mostly, I regret having sped in the first place. I was not in a hurry and there was no emergency. Now I am down nearly $1000. Learn from my mistake, because it doesn't pay to speed. The extra time you save by speeding is not worth the stiff penalty you'll have to shell out if you're caught.

Such a waste of money, but lesson learned.

Disclaimer: Discover is a paid advertiser of this site.
Reasonable efforts are made to maintain accurate information. See the Discover online credit card application for full terms and conditions on offers and rewards.

Feed for this Entry

3 Responses to “Avoid Speeding Tickets - Easy and Obvious Way to Save Money” 

  1. CatherineL says:

    Wow - these are stiff penalties but i bet they save lives. I used to speed a lot until I had a nasty shock on the motorway. Nowadays I always remind myself that late is better than never.

  2. Raymond says:

    Yes you're absolutely correct. I was so focused on the subsequent financial hurt from the speeding violation that I neglected the most obvious lesson - slowing down can save your life and the lives of others!

  3. wayne says:

    Speeding tickets are absolutely terrible and should be banned forever. There are countless ways to put others at risk without speeding, that are not fined at all - making a lane change when there's not enough room, merging onto the highway to aggressively, etc, etc. Heck, driving itself, is an act that puts others at risk. Someone who drives 20k miles per year is putting other motorists and himself at 5 times greater risk then someone who drives 4k miles per year but this behavior is not fined, punished or even discouraged. In fact, its actually encouraged - our taxes pay for a portion of everyone's gas bill ( through oil subsidies ). That's right, every dollar you earn is indirectly contributing to putting other people at risk.

    Speeding tickets are an outrageous way to make money and putting people in jail for safe driving is just stupid.

Leave a Reply

If you liked this site, please Add To Bookmark and/or Subscribe To A FeedReader

Search this site