What kind of car would have cheaper car insurance?

September 6, 2017 · Posted in FAQ 
car insurance
a7xoholic asked:

I want to buy a car I have $10 000 and I woult like to purchase a car that would be good on gas, and have a cheaper insurance, any suggestions and quotes?
what’s an IRA
I’m Canadian.

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Comments

5 Responses to “What kind of car would have cheaper car insurance?”

  1. CV on November 6th, 2009 1:17 pm

    Any small, used, import, like a Toyota or Honda.

  2. Rich R on November 6th, 2009 8:19 pm

    a soap box derby racer

  3. Ray K on November 10th, 2009 5:18 am

    Buy a 10 year old Honda, put liability only on it and put the rest in an IRA.

  4. sxyxtxaxkxw on November 13th, 2009 10:00 am

    4 cylinder
    sedan
    used most likely pre- 2004
    and unlike the first comment not an import but instead a domestic model. GM, Ford, etc. get cheaper insurance rates than hondas and toyotas.

  5. skaizun on November 16th, 2009 6:11 am

    Generally speaking, larger cars are safer,
    and, thus, generally speaking, carry cheaper insurance rates.

    However, it also depends on your age,
    how you use the car,
    where you live,
    how many tickets or accidents you have, etc.

    Since you asked “What is an IRA?”,
    you are either not a US citizen,
    or you are a US citizen who is totally unfamiliar
    with “Individual Retirement Accounts”
    (look it up using your favorite search engine).
    If the latter, respectfully, you might be wise
    putting off such a large purchase,
    in favor of saving your presumably
    hard-earned money for a rainy day
    (for the record,
    with the price of gas continuing to climb skyward,
    NO car is “good on gas”,
    and you’re not going to get a decent vehicle for $10,000!).

    In lieu of the above friendly advice,
    consult a consumer guide at your local library or bookstore,
    or ask your (or your parents’) insurer,
    who will give you all the info you need,
    at no charge and no obligation to purchase anything
    (you might want to bring a friend or parent with you,
    to avoid being pressured into signing anything).

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