Insurance costs for a V6 for a 16 year old? - Page 2 - Ford Mustang Forum
Reply
 
LinkBack Thread Tools
PONY Member
 
the5's Avatar
 
Joined: Jul 2012
Location: NJ
Posts: 467
 
When I had my 13 V6 at 17 It cost about $1100 a year for the car.
It shouldnt be more then $200 a month, My sister's car which is also 17 was $1000 a year.
With my new V8 it is the same price.


13 V6 Premium Deep Impact Blue/White Stripes/Charcoal Black, Auto, 202A Pony Package, Comfort Package,Security Package
Mods: Factory Engine Cover, Ford Strut Tower Brace, RTR 19in wheels, Nitto Nt55,, Ford All-Weather Mats, Gt LED Grille, Airaid CAI, Borla Atak AxleBacks, GT500 Style wing, Adaptive Shifting Pigtail, Koni Yellows, Steeda Adjustable Camber Plates, and Eibach Sportline springs,BBK Ceramic Shorty Headers, MPT 92 Octane Tune, DSS Driveshaft, Ford 3.73 Gears, Brembos
the5 is offline  
Sponsored Links
Advertisement
 
PONY Member
 
Fatopotomus's Avatar
 
Joined: Jun 2013
Location: NOVA
Posts: 612
 
Buy an older but clean Ford Ranger and drive it through high school. Tell your folks to put the car money and insurance toward your college tuition.

6 or 8 years down the road, buy an S550 and mod the living **** out of it.


2011 Mustang GT M6 3.31s

Matt HONEYCUTT Tune, Lethal Off-Road X, GT500 axlebacks, J&M LCAs, UPR UCA, Whiteline LCA relocation brackets, Eibach Pro-Kit Springs, Koni STR.T shocks/struts, GT500 strut mounts, SR Strut Tower Brace

Best 1/4 E/T (05/18/14 MIR - no tune, X-pipe, or UCA): 12.920 @ 109.40 mph (2.059 60ft)
Fatopotomus is offline  
Rookie
 
AF dude's Avatar
 
Joined: May 2014
Location: Detroit
Posts: 34
 
Quote:
Originally Posted by Fatopotomus View Post
Buy an older but clean Ford Ranger and drive it through high school. Tell your folks to put the car money and insurance toward your college tuition.

6 or 8 years down the road, buy an S550 and mod the living **** out of it.
^this right here. I hate when people told me that when I was 17, but man, college was expensive. Granted, I ended up with an older V6 Mustang when I was 17 (took 7 years of paper routes).

But answering your question and not giving you advice: That doesn't seem out of the realm of prices, but only an insurance agent can answer that. My fiance has a less than perfect driving history. When she went to get quotes on a new Edge, Statefarm quoted her 450 a month. We shopped around and found great coverage for a slightly used Jeep for just over a 100 a month.

Also, she doesn't drive my Mustang.

2014 Ingot Silver GT 5.0 w/M6
GT500 Axlebacks
AF dude is offline  
 
PONY Member
 
Macabre's Avatar
 
Joined: Jun 2013
Location: Middle TN
Posts: 511
 
Seems crazy, but my first car was an old beater Taurus, and I took driver's ed to knock the premium down. With no driving record, age 16, and a brand new or nearly new 300 hp car, I could see why they're charging you so much. My premium now is 1650 a year for 3 cars, full coverage on '13 GT premium, the others are just liability.
Macabre is offline  
PONY Member
 
Kristen77's Avatar
 
Joined: Jan 2012
Location: SE PA
Posts: 301
 
My cousin's kid (17?) just got his license and just got a 2002 GT. With the mustang, I was told his insurance is going to cost $2k/yr. He also recently flipped a car, so I don't know if the insurance company knows that yet.

2010 Torch Red GT Premium. 5speed, 19", security package, HID's, comfort package, 3.73, American Thunder Flowmasters.
Kristen77 is offline  
Apprentice
4.6L Member
S197 Member
 
shad2009's Avatar
 
Joined: Jan 2011
Location: Boston
Posts: 240
 
I cant say what it will be but when I got my license when I was 20 (focus was on school and track) I had a 2007 mustang gt in 2010, I was paying $280 per month with no driving record. now that I am 25 with no claims, I have a 2014 GT and my insurance dropped to $150...everything depends on where you live, car, age, record. so shop around and you might find a good deal

2014 Ruby Red GT A6 - 3" Magnaflow Quad tip Catback
shad2009 is offline  
Apprentice
 
GrbrBlu's Avatar
 
Joined: Sep 2013
Location: Central
Posts: 185
 
Quote:
Originally Posted by Fatopotomus View Post
Buy an older but clean Ford Ranger and drive it through high school. Tell your folks to put the car money and insurance toward your college tuition.

6 or 8 years down the road, buy an S550 and mod the living **** out of it.
Yup, I drove a old F150 in high school so I had college money. Now I'm in my mid 20's with two new cars and a house. Had a lot of fun in that old truck and the girls loved it!

My wife and I have clean driving records - we pay $160 a month on two new cars and my daily driver beater.


'14 Grabber Blue GT - Base 300A, Track Pack, Recaro seats - Mods: SCT X4, BBK long tubes and X-pipe, Roush axlebacks, MGW shifter, BMR LCAs and UCA w/ mount
'93 Reef Blue LX 5.0 - 5-speed, black interior, factory A/C delete - GT40P Top End, 5-Lug/4-Wheel Disc - SOLD
GrbrBlu is offline  
Apprentice
 
CDNStang's Avatar
 
Joined: Dec 2011
Location: Canada
Posts: 116
 
you can't really compare what you pay in insurance to that which others are paying.
I work in the industry in Canada.
We consider:
Age
Gender
Distance Driven Annually
Where you're driving to: school/work or just pleasure
Your Location (rates can actually differ on opposite sides of the street)
Number of Years Licensed
Tickets/Claims

I would say the vehicle is actually a smaller component. My 2008 Yaris is $30/year cheaper than the Mustang.

Insurance is crazy when you're young which is why, at least up here, most normal kids don't own cars.

You'll probably want to get a decent part time job if you're paying for the gas and insurance... and the inevitable mods you'll do to your car

CDNSTANG
2012 V6 Premium Pony Package|Black|Tape stripe delete|OEM charcoal leather take offs|Airaid CAI|Roush Axle Backs| Eibach Pro Kit| Tinted Tail Lights| Gold Plasti-Dipped Rims| 3000K 35W HID Fog Lights|Tinted windows| Stillen Chin Spoiler|GT500 Mud Guards|Boss 302 Strut Tower Brace
CDNStang is offline  
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Ford Mustang Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a VALID email address for yourself, otherwise you will not receive the necessary confirmation email needed to confirm, validate and activate your new AFM member account.

Failure to provide a VALID email address, will result in the cancellation of your new AFM member account registration.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome
 


Search Engine Friendly URLs by vBSEO 3.6.1