Top 10 Best and Worst Cars to Insure
The Insurance Institute for Highway Safety released a report this month listing the top 10 best and worst cars to insure.
The list is based on a combination of total cost to repair and the amount owners claimed for non-crash related damage.
Why is this list important? Because insurance can make up a major portion of the overall cost of a vehicle and insurance companies will charge more for cars that have higher loss-rates.
Take the Subaru Impreza WRX for example. It was rated the worst car to insure for model years 2005-2007. The Wall Street Journal found that it costs nearly $600 more to insure per year than a comparable model.
On the flip side, if you buy a Buick Rendezvous (the best car to insure), you're going to pay a lot less for insurance than a comparable model.
If you really want to save money, take this list into consideration before you decide which car to buy.
Top 10 Worst Cars to Insure
- Subaru Impreza WRX
- Scion tC
- Hyundai Tiburon
- Mercedes CLS class 4dr
- Suzuki Forenza
- Honda Civic Si
- Dodge Charger
- Nissan 350z
- Chevrolet Cobalt
- Suzuki Reno
- Buick Rendezvous
- Pontiac Solstice
- Buick Terraza
- Honda Odyssey
- Mazda MX-5 Miata
- Subaru Outback
- Ford Five Hundred
- Volvo V70
- Chrysler Town & Country
- Chevrolet Corvette Convertible
My Recommendation for Car ShoppersTrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
California Residents - Important:There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.
- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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