Insuring a car can be expensive, and in today’s current market more and more people are downsizing or even getting rid of theirs altogether, just to make some savings.
However if you had the money, would the insurance be a problem? It might be if you have an expensive car, as insurances can run into the thousands rather than hundreds. If you do own a high end performance vehicle you better choose an insurance company wisely. Here are the top five most expensive cars to insure; although we can’t give prices, as variables such as age, driving experience and where you live are factored into this.
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Lamborghini Murcielago
Not only does this have a pricey sales tag on it, but it is one of the most expensive cars to insure; what makes this even more unique is that the production of this particular car stopped three years ago in 2010.
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Ford GT
This car was produced 10 years ago, and is an exclusive model, so exclusive that there was only 23 of them ever made. Your pretty lucky (and wealthy) if you own one of these. The exclusivity of the Ford GT hikes up the insurance as it is so expensive to buy, providing you can find one for sale that is. What also takes the premium up is because only several were made the costs and the availability of the parts should they go wrong are hard to come by with your only option to approach the main manufacturer Ford themselves.
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Porsche 911 GT3
A favoured sports car for the speed enthusiasts out there; this car first appeared back in 1999 and is still a very popular car. It does have lots of power and looks great on the road but the cost of the Porsche 911 GT3 and its insurance is going to take a big chunk out of the bank balance.
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Audi R8 V10 Coupe
An elegant and sexy looking car, they have been on sale since 2000; this too has great power behind it and is very fast. Insurance for this motor can be nearly as much as the vehicle price tag. Your probably better steering clear from personal insurance policies and opt for a traders policies from companies like Insurance4MotorTrade.co.uk.
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Mercedes-Benz Sl600 Coupe
Although this car is fast it is bought more because of its look, with sleek lines it is a winner with many women as well as fella’s. Again a price tag of over £100K it is pricey, however there are many add ons, running into another several thousand pounds that you can add to it. Be mindful though the more that goes on it to enhance its performance and look the more the insurance is going to go up.
So if you had money to burn, would you choose one of these cars? For many it is just a pipe dream, having to pay for car insurance on a small Vauxhall car can sometimes be more than enough; so it is always better to choose wisely when deciding on your next car. An interesting fact for you, although smaller cars are more prone to accidents, they are still one of the cheapest to get insurance on.