Originally posted by: vi_edit
Honestly, I do think that insurance companies have had *some* play in this. They've had to. It's been a constant cat and mouse game between them and car manfs. Most 16-25 year olds simply can not afford the insurance on a Mustang GT or Camaro SS. But, they can climb into something like that Neon and get damn near as fast of a car, but only pay a fraction of the insurance.
Is it right? No. But car manfs are doing what they can to squeeze the most HP out of the smallest engine possible and insurance companies aren't really catching on yet. You can get cheap speed both in purchase price, and annual recurring prices (gas, insurance, ect).
Originally posted by: Ornery
They say a picture is worth a thousand words:There's 2,000 words!Originally posted by: rbloedowI still do not understand the rational behind your argument.Originally posted by: Ornery Exactly, BUT these wienie-mobiles are more similar to go-karts than full size muscle cars. Econosports...
Originally posted by: vi_edit
Honestly, I do think that insurance companies have had *some* play in this. They've had to. It's been a constant cat and mouse game between them and car manfs. Most 16-25 year olds simply can not afford the insurance on a Mustang GT or Camaro SS. But, they can climb into something like that Neon and get damn near as fast of a car, but only pay a fraction of the insurance.
Is it right? No. But car manfs are doing what they can to squeeze the most HP out of the smallest engine possible and insurance companies aren't really catching on yet. You can get cheap speed both in purchase price, and annual recurring prices (gas, insurance, ect).
I'm pretty sure the insurance on a Mustang GT and a SRT-4 are quite similar in price. Ins companies are't stupid, they know what the SRT4 is.
Originally posted by: ElFenix
WRX: $2,680.00
mustang GT: $3,350.00
when i turn 25:
WRX: $960.00
mustang gt: $2,560.00
Originally posted by: thedarkwolf
Originally posted by: ElFenix
WRX: $2,680.00
mustang GT: $3,350.00
when i turn 25:
WRX: $960.00
mustang gt: $2,560.00
That seems a bit extreme. I drive a 5.0l mustang and only pay $450 a year and my dad has an 02 GT and pays $800 a year but he uses it for business.
BTW the SRT-4 do usually run in the low 14s.
That seems a bit extreme. I drive a 5.0l mustang and only pay $450 a year and my dad has an 02 GT and pays $800 a year but he uses it for business.
Originally posted by: thedarkwolf
That seems a bit extreme. I drive a 5.0l mustang and only pay $450 a year and my dad has an 02 GT and pays $800 a year but he uses it for business.
BTW the SRT-4 do usually run in the low 14s.
Originally posted by: vi_edit
That seems a bit extreme. I drive a 5.0l mustang and only pay $450 a year and my dad has an 02 GT and pays $800 a year but he uses it for business.
Yes, but your 5.0 is worth what? A couple grand? Not $25,000, that's for sure. The value of the vehicle is a significant factor in coverage price.
Originally posted by: ElFenix
Originally posted by: thedarkwolf
That seems a bit extreme. I drive a 5.0l mustang and only pay $450 a year and my dad has an 02 GT and pays $800 a year but he uses it for business.
BTW the SRT-4 do usually run in the low 14s.
what year is it? this zip code is almost twice as much as my previous one, houston is ridiculous. '89 mustang LX 5.0 is $1,340.00 and thats collision + comp with $250 deductibles
Originally posted by: thedarkwolf
Mines an 89 too and I only have liability atm. Full coverage would be around $550 a year and I will probably bump it up to that next year. I am 27 and own a house with home owners insurance through the same company so that gives me a little bit of a discount. Its only $100 more a year than my 89 caravan turbo .
My dads 02 GT was in there to cover the "new" comparison.