Used Car Buying - Car Insurance Quotes

How does car insurance affect used car buying?

A general guideline of factors that your insurance company may consider when preparing your insurance quote are:

1) Age of the car
2) Make and model of the car
3) Size and power of the engine
4) Classification of the car
5) Car color
6) Driver age
7) Driver sex
8) Driver experience and claims


These criteria will help the insurance company to identify certain demographics of both drivers and cars which are statistically proven to have elevated likelihood of claims against the insurance policy and the cost of those claims that the insurance company will assume.





Since a new car is more expensive to repair than an old car, insurance quotes for old cars will be substantially lower than similar insurance quotes for newer cars. The difference of a few years in vehicle age can make the financial difference of a hundred or more dollars per month. Diligence in finding which cars have the lowest insurance premiums for you will go a long way towards getting a good long term deal on a used car.

What used cars have the lowest insurance premiums?

Sports cars have elevated insurance premiums as do luxury cars which are more expensive to repair. Four door cars with small or economy focussed engines are of the lowest category for risk. These cars are easy and cheap to repair by comparison to other vehicles and are also statistically less likely to be driven by drivers in the high risk category such as cars with massive engines.





Trucks can often have substantially lower insurance premiums than cars simply because of their resilience to damage in minor accidents. A geo metro that has an accident with a large Ford truck may be extensively damaged or written off altogether where the truck may require little to no repairs at all. Though the insurance rates may be less for bigger cars and trucks in some conditions, the cost of fuel is a huge negative against these less economical vehicles.


Economy and fuel mileage is an important factor to consider when used car buying. To learn more about which cars will save you money every time you drive proceed to the section on fuel economy.