Insurance is another factor to consider when buying a vehicle, a list of affordable cars to insure
Buying a car is a fairly large investment, and the cost of the vehicle is not the only thing a buyer has to consider. Fuel cost, as well as regualr repair and maintenance need to be taken into consideration, in addition to another large expense: insurance. Many soon-to-be vehicle owners are under the impression that the cost of insurance is based on your driving history and age, however, there are many other consideration taken into account when determining the cost of insurance for an individual.
According to Dana Dratch, from bankrate.com, the type of vehicle you choose to drive plays a large role in the the cost of your insurance. Collision damage is extremely expensive, so the age of the car, how safe it is, and how costly it is to fix are all taken into account.
Dratch also states that frquently stolen models, as well as larger cars, are more costly to insure, and recommends looking for smaller, reliable cars.
The top 10 cheapest cars to insure are:
- Volvo XC90
- Chevrolet Malibu Maxx
- GMC Safari
- Buick Le Sabre
- 2004 Nissan Pathfinder Armada
- Pontiac Montana (standard)
- Mazda MPV
- Ford Thunderbird
- Pontiac Montana
- Ford Taurus (station wagon)
For a list of the 10 most expensive cars, or more information about what insures look for when determining cost, take a look at Dratch's article "Top 10 most expensive cars to insure"