Insurance
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5,667 Posts
I would hope they would be close to a comparable Mustang at far as rates go.
That's what I was thinking. I wonder how much Mustang GT owners are paying.
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5,667 Posts
It’s really difficult to talk about car insurance costs because people are different, have different needs, and want different kinds and types of coverage. All these things put together can make for some pretty different premiums, prices, and rates, no matter what car get.
I think all we can do is look at history and compare because the car is not here yet, but you also have to look at the safety rating among other things that may alter the way things were before.
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8,984 Posts
Well all I know is that I am over 25, have a good record, and I determine how much my insurance is so NO.
If you drive like an idiot and get in trouble with your local PD, then you should just blame yourself for your own high rates.
Typically, most cars fall under the same premium. If it has a gas guzzler penalty or weighs a certain amount, then you will probably pay more, otherwise we have nothing to REALLY worry about......
If you drive like an idiot and get in trouble with your local PD, then you should just blame yourself for your own high rates.
Typically, most cars fall under the same premium. If it has a gas guzzler penalty or weighs a certain amount, then you will probably pay more, otherwise we have nothing to REALLY worry about......
My insurance agent guessimates around 1500-1800/year
for this city (medium size), my driving record( 9+ years
no claims, no fines), less then 25Km distance to work, multi-car discount, secured garage and no kids of driving age living @ home.
Add $500/year for engine option over 450HP and 15%
more for convertible.
for this city (medium size), my driving record( 9+ years
no claims, no fines), less then 25Km distance to work, multi-car discount, secured garage and no kids of driving age living @ home.
Add $500/year for engine option over 450HP and 15%
more for convertible.
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5,229 Posts
I hope it's no more than a Corvette. My insurance company charges more to insure my GTO than to insure me if I purchased a Corvette. They make many more Corvettes than GTOs and parts are easier to get. I only pay about $500 a year for full coverage right now for the GTO.
V8 Mustangs are expensive to insure because most V8 owners are young guys who like to race, get tickets and crash.
Please don't go out and get tickets and wreck alot of new Camaros and the insurance premiums won't be outrageous.
On a side note I paid the same for my 83 Camaro than my new at the time 92 Camaro. The insurance company didn't see any difference in the two. What you V8 Camaro guys are paying now should be a close indicator.
V8 Mustangs are expensive to insure because most V8 owners are young guys who like to race, get tickets and crash.
Please don't go out and get tickets and wreck alot of new Camaros and the insurance premiums won't be outrageous.
On a side note I paid the same for my 83 Camaro than my new at the time 92 Camaro. The insurance company didn't see any difference in the two. What you V8 Camaro guys are paying now should be a close indicator.
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8,984 Posts
WOW, that SUCKS!
Corvette insurance for me would not be that much and I live in one of the most expensive counties in the nation.....Harris County, TEXAS:BangHead:
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