You've bargained hard to buy a new or used car at the best possible price. Is your work done? Not if you haven't checked the cost to insure that car; the difference in the make and model you choose could cost you thousands.
Of course, the car is only one part of what drives the insurance you pay; your age, driving history, where you live, even your credit report can all sway that final figure. However, choosing the right vehicle is perhaps the easiest element to control.What should you drive if you want to save big money? That's easy; buy a mom-mobile. According to Insure.com, the cheapest new vehicle to insure, based on an average national annual premium, is the Chrysler Town & Country LX minivan, at $1,092. This is followed by three other minivans, the Toyota Sienna 4-cylinder ($1,101), Sienna LE ($1,108) and the Honda Odyssey LX ($1,115). All of the non-vans in the low 10 are SUVs, including the Nissan Murano SL ($1,128) and the Ford Escape XLS ($1,150).
What cars will cost you an arm and a leg for insurance? Fancy sport and luxury cars, as you might imagine. The most expensive ride to insure in 2011, the Mercedes SL65 AMG (top speed approaching 200 mph), a whopping $3,544. Tailgating the Mercedes is the BMW 750i ($3,281), the BMW 750Li ($3,281) and the Mercedes SL63 AMG ($3,221). The Aston Martin DB9 ($3,120) and DB9 Volante ($3,089) and Porsche 911 Carrera S ($3,092) also appear in the top 10.
Among the nation's best selling vehicles, the Ford F-150 FX4 carries an average national yearly insurance premium of $1,500. The Toyota Camry comes in at a very reasonable $1,276, the Nissan Ultima 2.5 is $1,366, and the Honda CR-V LX costs $1,155. Apparently, many of the most popular choices are also frugal insurance choices.
Want to get an idea of what your potential new car or truck might cost you to insure? Insure.com has a car insurance comparison tool that will help you compare model to model. To get exact quotes, though, nothing beats calling a few insurance companies.
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