[arpaul15]

True. Good to know! So definitely looks like the mustang is not a bullet to the wallet insurance wise. I guess its like the Civics, just because of the demographic and the nature of the people who buy civics are generally younger and inclined towards 'racing', insurance for some models are insane. I'm 21, and my insurance on the focus is about $200/month, only liability. That is with a clean driving record and no accidents. However, this is with TD Meloche Monnex, and a mississauga address. If I change my address to my address in Oshawa where I go to school, I was getting full coverage with Belair/State Farm for about $180/month.

(07-19-2011, 12:13 PM)OAC_Sparky Wrote:

(07-18-2011, 11:37 AM)arpaul15 Wrote: Congrats on the stang!! truly a piece of beauty! just wondering though, by how much more is the stang's insurance compared to the focus? The stang is an amazingly well priced machine at 412hp within 50grand, but then just wondering how much is the insurance jump on it...

Believe it or not. $60 a year. That's it.

Mind you, consider that I'm 44, clean record, no accidents, and I get a multi-vehicle discount (I have 4 cars); both cars are not my official "work cars".

The Focus was $1310 a year (full coverage; but I just took collision off of it), the Mustang is $1370. The beauty of the Mustang is that I'm only insuring it for the road half the year (May-Oct) and I pay comprehensive for the full year in case something happens in storage. So the bill is about $750 a year.

The reason for the cost isn't much higher on the Stang is because even though it's much more expensive, is that compared to the Focus it fares better in accidents, protects the occupants better, and the average new Mustang owner is much older than the average Focus owner, so there are less accidents per.