How much would my car insurance go up if I got a mustang?
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I'm 24 years old, have a good driving record, and I am currently on with my dad's insurance. I have a 2005 chevy aveo right now, with almost 75,000miles; and I pay $110 a month for insurance. Unfortunately, my car may be reaching it's end, and I may have to get a new car. I've found a used 2002 ford mustang, 2 door and 14,633 miles on it. How much do you think my insurance would go up? My dad says it would sky rocket... But I figure I'd ask anyway! Thanks!
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Answer:
First of all, are you sure it's not 114,633 miles? Thats a super low miles car for a 2002! Anyway, its all about value of the vehicle and it's historical accident data based on make an model. I would guess your rate will go up a minimum of 225% over your current payment... I would just get a couple of quick quotes from the big guys like Geico and Progressive...
Alyssa at Yahoo! Answers Visit the source
Other answers
First of all, are you sure it's not 114,633 miles? Thats a super low miles car for a 2002! Anyway, its all about value of the vehicle and it's historical accident data based on make an model. I would guess your rate will go up a minimum of 225% over your current payment... I would just get a couple of quick quotes from the big guys like Geico and Progressive...
You can get quotes in just a few minutes at - SALESQUOTES.INFO- RE How much would my car insurance go up if I got a mustang? I'm 24 years old, have a good driving record, and I am currently on with my dad's insurance. I have a 2005 chevy aveo right now, with almost 75,000miles; and I pay $110 a month for insurance. Unfortunately, my car may be reaching it's end, and I may have to get a new car. I've found a used 2002 ford mustang, 2 door and 14,633 miles on it. How much do you think my insurance would go up? My dad says it would sky rocket... But I figure I'd ask anyway! Thanks!
Stephana
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