Car Insurance

jds2006

Golden Member
Jun 12, 2005
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How much does car insurance cost for a first-time teenage driver (17 years old)? My dad says that it'll cost him $1000 a month for the car I'm going to get, but I don't believe him. It can't possibly that much, could it?
 

olds

Elite Member
Mar 3, 2000
50,077
754
126
Depends on the car, where you live and were you will be driving too (school/work/etc).
 

Sphexi

Diamond Member
Feb 22, 2005
7,280
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Sucks to be you. I paid $850 a year when I turned 16. Currently I'm paying about $650 or so and I'm 24.
 

Schadenfroh

Elite Member
Mar 8, 2003
38,416
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My cousin (17) pays $300 a month for car insurance on his jeep. He fell asleep at the wheel and broke his last car beyond repair tho.
 

Schadenfroh

Elite Member
Mar 8, 2003
38,416
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Originally posted by: pinkeywear
How much does car insurance cost for a first-time teenage driver (17 years old)? My dad says that it'll cost him $1000 a month for the car I'm going to get, but I don't believe him. It can't possibly that much, could it?

Are you getting an Aston Martin V10 or something :Q
 

HyTekJosh

Golden Member
Jan 20, 2001
1,500
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I know people that paid anywhere from $1000 to $5000 per year for insurance when they were 17-18.
 

jds2006

Golden Member
Jun 12, 2005
1,326
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Originally posted by: Schadenfroh
Originally posted by: pinkeywear
How much does car insurance cost for a first-time teenage driver (17 years old)? My dad says that it'll cost him $1000 a month for the car I'm going to get, but I don't believe him. It can't possibly that much, could it?

Are you getting an Aston Martin V10 or something :Q


What is an Aston Martin?

I'm getting my uncle's used 2002 BMW Z4 convertible. He sold it to me for only $15,000

 

Falloutboy

Diamond Member
Jan 2, 2003
5,916
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76
Originally posted by: pinkeywear
Originally posted by: Schadenfroh
Originally posted by: pinkeywear
How much does car insurance cost for a first-time teenage driver (17 years old)? My dad says that it'll cost him $1000 a month for the car I'm going to get, but I don't believe him. It can't possibly that much, could it?

Are you getting an Aston Martin V10 or something :Q


What is an Aston Martin?

I'm getting my uncle's used 2002 BMW Z4 convertible. He sold it to me for only $15,000

thats your problem right there get a more resonable car
 

mitaiwan82

Platinum Member
Nov 29, 2000
2,209
0
0
Originally posted by: pinkeywear
Originally posted by: Schadenfroh
Originally posted by: pinkeywear
How much does car insurance cost for a first-time teenage driver (17 years old)? My dad says that it'll cost him $1000 a month for the car I'm going to get, but I don't believe him. It can't possibly that much, could it?

Are you getting an Aston Martin V10 or something :Q


What is an Aston Martin?

I'm getting my uncle's used 2002 BMW Z4 convertible. He sold it to me for only $15,000

Z4's aren't made until 2003...do you mean a Z3?
 

jds2006

Golden Member
Jun 12, 2005
1,326
0
0
Originally posted by: mitaiwan82
Originally posted by: pinkeywear
Originally posted by: Schadenfroh
Originally posted by: pinkeywear
How much does car insurance cost for a first-time teenage driver (17 years old)? My dad says that it'll cost him $1000 a month for the car I'm going to get, but I don't believe him. It can't possibly that much, could it?

Are you getting an Aston Martin V10 or something :Q


What is an Aston Martin?

I'm getting my uncle's used 2002 BMW Z4 convertible. He sold it to me for only $15,000

Z4's aren't made until 2003...do you mean a Z3?

I don't know. That's just what my dad said.
 

Schadenfroh

Elite Member
Mar 8, 2003
38,416
4
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Originally posted by: pinkeywear
Originally posted by: mitaiwan82
Originally posted by: pinkeywear
Originally posted by: Schadenfroh
Originally posted by: pinkeywear
How much does car insurance cost for a first-time teenage driver (17 years old)? My dad says that it'll cost him $1000 a month for the car I'm going to get, but I don't believe him. It can't possibly that much, could it?

Are you getting an Aston Martin V10 or something :Q


What is an Aston Martin?

I'm getting my uncle's used 2002 BMW Z4 convertible. He sold it to me for only $15,000

Z4's aren't made until 2003...do you mean a Z3?

I don't know. That's just what my dad said.

Your uncle is obviously ripping you off
 

nageov3t

Lifer
Feb 18, 2004
42,808
83
91
just insurance?

it depends on variables like the car being insured, location, and the amount of coverage that you get.

at 23 with a clean record, I'm paying 1.5K / year for liability (the bare minimum you need to get on the road). my car is a pos, so I don't really care too much about it (ie: if it got stolen, I'd probably have a party to celebrate).
 

surreal1221

Golden Member
Mar 12, 2005
1,206
0
0
Roughly 2400 dollars for a year. When I get married in December, and add another person and another car, full coverage, my new premium will be around 1600 for a year. . . horsesh1t in my opinion. 20 yrs old, will be 21 when married, and I have not had any speeding violations, nor any traffic accidents on my record. Oh yeah, I'm a male, thats why! DUH!
 

markgm

Diamond Member
Aug 23, 2001
3,291
2
81
About 800 a year when I was 16. When I first got my car it was 4 years old, and 4 years later I got a new Jeep. To insure just the Jeep was $5 less than to insure both! Since then I got an Accord and I think I'm around 1000-1400 a year for full coverage and all the other bells and whistles I got with it. The cow bell made it worth it. I miss not being able to pay it off once a year, it was so much cheaper than this every 6 months crap.
 

Colt45

Lifer
Apr 18, 2001
19,720
1
0
You're innocent until proven guilty here, with insurance.

16 year olds and 60 year olds pay the same rate, until they start getting tickets and smashing into things.
 

markgm

Diamond Member
Aug 23, 2001
3,291
2
81
Originally posted by: Colt45
You're innocent until proven guilty here, with insurance.

16 year olds and 60 year olds pay the same rate, until they start getting tickets and smashing into things.

Not with any company I've ever dealt with.
 

mwtgg

Lifer
Dec 6, 2001
10,491
0
0
Originally posted by: markgm
Originally posted by: Colt45
You're innocent until proven guilty here, with insurance.

16 year olds and 60 year olds pay the same rate, until they start getting tickets and smashing into things.

Not with any company I've ever dealt with.

THAT'S BECAUSE HE'S CANADIAN.
 
Aug 27, 2002
10,043
2
0
Originally posted by: markgm
Originally posted by: Colt45
You're innocent until proven guilty here, with insurance.

16 year olds and 60 year olds pay the same rate, until they start getting tickets and smashing into things.

Not with any company I've ever dealt with.

you aren't canadian either eh?

In my area (north Texas), a 16 year old with that car would likely pay ~$450/mo. for a male, or $175/mo for a female. (assuming no prior wrecks/tickets)