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Top Cars To Avoid Buying Right Now To Save On Car Insurance

Are you in the market for a new car? Whether you’re shopping online, or any of your nearby dealerships, you’ve most likely compared prices and tried to find the best deal possible. There’s a good chance that you’ve looked closely at the price tag, make and model, and even gas mileage in your hunt to get the car you want while still keeping your overall cost down.

But have you considered the car’s impact on your auto insurance?

If you’re shaking your head “no,” don’t worry – that puts you among the majority of car buyers. Being like almost everyone else, however, may not be so great on your wallet.

While your city or neighborhood, your driving record, and the number of other drivers on your policy all impact how much you pay each month for car insurance, the kind of car you drive is also a significant factor in your overall monthly auto insurance cost. That not only refers to the car’s color, but also the make and model, size, and even the potential costs for repairing significant damage to the vehicle.

Now let’s be honest here – when we think about what kind of monthly payment we can afford, we don’t necessarily factor any kind of increase in our car insurance – and for good reason. The reality is that most of us simply do not know what the impact will be without some help.

So what can we do to factor in the potential increase in the cost of our monthly auto insurance bill when shopping for cars?

You can be certain that your car salesman is not going to have answers for you – they’re more focused on making a sale than worrying about your car insurance costs. Instead, it’s best to compile a list of cars that may interest you, and then contact your car insurance company prior to ever stepping foot on the lot at a car dealership.

A little bit of preparation could help you avoid falling in love with a car that costs a fortune to insure.

To give you a head start with your research and preparation, we’ve compiled a list of the ten most expensive cars to insure.

So if you’d like to lower your monthly bill and enjoy cheap car insurance, avoid these ten cars at all costs!

  1. Mercedes-Benz CL600

Mercedes Benz CL600Sorry to all you Mercedes fans out there, but the most expensive car to insure just happens to be the Mercedes-Benz CL600 Coupe. So what makes car insurance rates so high for this luxury car? Well, for starters – its 12-cylinder engine and unprecedented acceleration rate make those driving it more prone to serious accidents. In fact, the number of extremely expensive claims involving this vehicle has made insuring this car more expensive than ever this past year.

  1. Mercedes-Benz CL65 AMG

As if occupying the number one spot wasn’t bad enough, Mercedes-Benz alsoMercedes Benz CL 65 AMG comes in at number two on the list of cars that are most expensive to insure. In fact, Mercedes makes up every single one of the top 8 spots! If you listen carefully – you could probably hear a few BMW owners laughing their way to the bank right now.

Simply stated – if you are looking for cheap car insurance, then the Mercedes-Benz CL65 AMG is probably not the car you’d want to own. With that being said, if you have the bankroll to afford this ultra-sporty luxury coupe, there’s a good chance you’re not worried about your car insurance rates at all.

  1. Mercedes-Benz S65 AMG

Mercedes Benz S65The Mercedes-Benz S65 AMG isn’t your typical sedan. With a biturbo V12 engine and 621 horsepower, the car has a lightning-quick 0-60 time. Although the car does have an electronically top speed, it doesn’t kick in until the car has hit 186 mph. The S65’s impressive 0-60 time and high speed performance make it quite expensive to insure.

With a price tag hovering over $200,000, the cost to repair this vehicle is beyond the budget of most. As a result, the Mercedes-Benz S65 AMG is the first sedan on the most expensive cars to insure list.

  1. Mercedes-Benz SL65 AMG

  2. Mercedes-Benz CL63 AMG

  3. Mercedes-Benz S600

  4. Mercedes-Benz SL63 AMG

  5. Mercedes-Benz S63 AMG

By now, you should get it. Insuring one of the super-luxury coupes and sedans from Mercedes-Benz will cost you a bundle. Each of these cars features a V8 or a V12 engine with high horsepower.

So what else do they have in common?

Well, let’s just say that these cars, like the first 3, are the perfect storm for insurers. They all have incredibly quick 0-60 times, and high top speeds. They also all cost upwards of 2-4 times the median yearly income in the United States. That means they are more expensive to repair, and more expensive to insure. Needless to say – if you’re looking for cheap car insurance, choosing a car from the Mercedes-Benz super-luxury lot may not be your best decision.

  1. Porsche 911 Turbo

  2. Porsche 911 Turbo S

Finally – we have a non-super-luxury Mercedes hitting the list. ThesePorsche 911 lightweight cars are known for their super quick acceleration, and high top speeds. Those features are, certainly, a big factor in the high cost one must pay to insure them. However, they are not the only factor. Insurance companies considered the Porsche 911 Turbo to be at a high risk for theft. Parts and repairs on these Porsche models can also be super-expensive – so the average claim is a lot higher than it would be for other cars.

If you’re looking for cheap car insurance, these cars should definitely not be on your radar. For a male driver with a squeaky-clean driving record, annual premiums still cost as much as $2700. If your driving record is less than stellar, you may have to pay double that amount to insure one of these ten mentioned cars. On the other hand, you might want to check out the list of the least expensive cars to insure to get the rates that you’re looking for.

Greg Fowler

Greg Fowler

Managing Member of AutoInsureSavings LLC, Greg enjoys writing articles to help drivers save on anything related to automobiles. Travel and enjoying the outdoors are some of his hobbies. The best way to reach him is at Google+ or Facebook Profile.

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