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Cheapest Cars to Insure in 2013
January 17, 2013As we all know, the price you pay for a car - regardless if it's new or old – is just part of what you'll really be spending. Many times those purchasing a new vehicle forget that it can also bring with it a higher insurance rate.
This week, Forbes compiled a list of the 16 cheapest cars to insure, according to data from Insure.com.
The cheapest on the list? The Ford Edge with an average annual premium of $1,148. And on the flipside, the most expensive car to insure? The Mercedes Benz CL600 luxury coupe with an annual $3,357 yearly premium.
And as always if you're looking to purchase a new vehicle, make sure to use the free RydeShopper to get the biggest discount on your purchase.
16 Cheapest Cars to Insure
|Vehicle||Average Annual Insurance Premium|
|Ford Edge SE||$1,128|
|Jeep Grand Cherokee Laredo||$1,148|
|Subaru Outback 2.5i Premium||$1,150|
|Jeep Patriot Sport||$1,160|
|Chevrolet Express 1500||$1,171|
|Hyundai Tuscon GL||$1,204|
|Dodge Grand Caravan SXT||$1,206|
|Ford Transit Connect XLT Premium||$1,210|
|Chevrolet Equinox 1LT||$1,210|
|Honda Odyssey EX-L||$1,217|
|Jeep Compass Sport||$1,217|
|Kia Sorento LX 2WD||$1,222|
|Nissan Pathfinder S||$1,224|
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
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About The AuthorGregg 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.
I welcome your car buying questions. Email Me and I'll be glad to answer them!