Rough Insurance Cost Estimate

Asked by Jan 08, 2018 at 11:23 PM about the 2013 Ford Mustang

Question type: General

Hey guys, I'm 18 and looking to buy a 2012-2014
Mustang GT.  I'm paying for this with my own
money, but I'm worried my dad won't want to pay
for my insurance with the potential increase in
price. Does anyone know how much that
would increase my insurance rates? Currently I'm
insured on my 1994 v6 camaro, 1999 corvette
(mom), 2002 corvette zo6(dad), 2007 Cadillac DTS,
and 2018 Corvette ZO6 (dad again). Now I'm only
listed as a primary driver for the old camaro and
nothing else, but my premium still includes the
cost of the other cars. Do you reckon my insurance
will increase a whole lot if I replace the camaro
with the Mustang, or will it be roughly the same
with all the other high performance cars I have
access to?
Thanks

3 Answers

119,905

Your insurance will probably go up with a more valuable and faster car. Ask your insurance agent before buying the GT.

2 people found this helpful.
81,305

Mom & Dad are smart! The reason you are listed as the primary driver on the Camaro is because it's only a V6 and not worth anything (sorry but true). Your insurance premium will increase considerably with the Mustang GT. It's a high performance car that's worth a few bucks! You'll want full coverage on it as well. I bet the Camaro isn't insured for collision or comprehensive. Get those insurance quotes before you buy!! HTH. -Jim

119,905

They probably have the Camero insured for liability only. I would wait until you graduate and can get a job.

1 people found this helpful.

Your Answer:

Mustang

Looking for a Used Mustang in your area?

CarGurus has 39,885 nationwide Mustang listings starting at $1,000.

ZIP:

Ford Mustang Experts

  • #1
    Tom Demyan
    Reputation
    5,290
  • #2
    F_O_R
    Reputation
    1,740
  • #3
    Bob Beaman
    Reputation
    1,470
View All

Related Models For Sale

Used Chevrolet Camaro
292 Great Deals out of 27,007 listings starting at $2,700
Used Dodge Challenger
209 Great Deals out of 24,725 listings starting at $6,950
Used Chevrolet Corvette
83 Great Deals out of 14,634 listings starting at $3,900
Used Dodge Charger
402 Great Deals out of 32,087 listings starting at $1,900
Used Ford Shelby GT500
521 listings starting at $24,500
Used Ford F-150
2,235 Great Deals out of 189,904 listings starting at $1,200
Used Jeep Wrangler
199 Great Deals out of 14,891 listings starting at $3,000
Used BMW 3 Series
979 Great Deals out of 29,399 listings starting at $950
Used Chevrolet Silverado 1500
1,825 Great Deals out of 156,566 listings starting at $1,995
Used Nissan 370Z
32 Great Deals out of 2,082 listings starting at $8,900
Used BMW M3
15 Great Deals out of 1,481 listings starting at $4,995
Used Jeep Grand Cherokee
1,191 Great Deals out of 79,585 listings starting at $1,500

Used Cars For Sale

2018 Ford Mustang For Sale
6 Great Deals out of 18,545 listings starting at $18,995
2017 Ford Mustang For Sale
119 Great Deals out of 5,224 listings starting at $16,497
2016 Ford Mustang For Sale
44 Great Deals out of 2,512 listings starting at $12,591
2015 Ford Mustang For Sale
31 Great Deals out of 2,588 listings starting at $12,991
2014 Ford Mustang For Sale
26 Great Deals out of 1,809 listings starting at $8,998

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.