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

115,925

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.
80,385

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

115,925

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 1,227 nationwide Mustang listings starting at $3,995.

Postal Code:

Ford Mustang Experts

  • #1
    Tom Demyan
    Reputation
    5,150
  • #2
    F_O_R
    Reputation
    1,710
  • #3
    Bob Beaman
    Reputation
    1,450
View All

Related Models For Sale

Used Chevrolet Camaro
9 Great Deals out of 1,004 listings starting at $4,500
Used Dodge Challenger
21 Great Deals out of 1,003 listings starting at $10,990
Used Dodge Charger
34 Great Deals out of 913 listings starting at $4,500
Used Chevrolet Corvette
9 Great Deals out of 538 listings starting at $11,700
Used Ford Shelby GT500
25 listings starting at $33,995
Used Ford F-150
122 Great Deals out of 11,133 listings starting at $369
Used BMW 3 Series
85 Great Deals out of 2,062 listings starting at $1,500
Used Jeep Wrangler
15 Great Deals out of 1,947 listings starting at $5,995
Used BMW M3
5 Great Deals out of 61 listings starting at $11,800
Used Chevrolet Silverado 1500
118 Great Deals out of 11,498 listings starting at $4,500
Used Nissan 370Z
3 Great Deals out of 188 listings starting at $10,950
Used Jeep Wrangler Unlimited
55 Great Deals out of 5,814 listings starting at $10,900

Used Cars For Sale

2018 Ford Mustang For Sale
307 listings starting at $28,937
2017 Ford Mustang For Sale
10 Great Deals out of 296 listings starting at $23,999
2016 Ford Mustang For Sale
6 Great Deals out of 85 listings starting at $18,688
2015 Ford Mustang For Sale
4 Great Deals out of 96 listings starting at $20,888
2014 Ford Mustang For Sale
3 Great Deals out of 94 listings starting at $15,985

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.