Dreams and practicality
- Author Marcus Stalder
- Published April 29, 2011
- Word count 519
When you look at all the movies, television shows and mainstream magazines, the successful people in our society are all supposed to be mercenary, interested only in demonstrating their wealth by conspicuous consumption. That means they must have one of these detached homes with enough room for a 9-hole short course in the master bedroom and a swimming pool on the roof, while the garage is full of all those dream motors. Anyone who is anyone must drive something exotic from Italy or Germany or some place where people know the name but never quite worked out where it is on a map. So, when all the rest of us fantasize about suddenly hitting the big-time with the latest lottery ticket, the first thing people think about buying is one of these top-of-the-range cars. So, the $64,000 question (the minimum price tag on some of these cars after a dealer discount) is how much they cost to insure.
There's a new survey out (as always). A dedicated research team set out to find the top ten of the most expensive cars to insure in 2011. Interestingly, we have all the usual suspects from Mercedes, BMW, Aston Martin and Porsche as the makes, but curiously not Rolls Royce, Bentley, Ferrari, Bugatti, Lamborghini or, even, the Saleen S7 which, as all dreamers know, is America's top supercar. It seems the retail price is not the only factor taken into account when setting the premium rates - the Bugatti Veyron is currently the most expensive car to buy. Yet, perhaps, it's all slightly academic since all these top insurance rates are clumped quite close together. Probably, the missing models are just off the edge of the screen.
Anyway, the top average annual rate quoted is $3,543 for the Mercedes SL65 AMG. This must be the rate for an older driver not likely to try driving it on a public road with the acceleration and at the speeds it is capable of producing. If anyone younger and pumped full of testosterone wanted to get behind the wheel, we suspect the rate might be rather higher.
So here we come to the point of all this. This model of Mercedes sells for around $240,000 and yet only costs an average of $3,543 to insure which is about 1.5% of the retail price. Let's now go to the other end of the scale. The cheapest vehicles to insure start with a Chrysler Town & Country LX. This costs about $45,000 to buy and $1,091 to insure which is 2.4% of the retail price. If we are to believe these insurance figures, it seems the average driver pays more to insure their lower priced vehicles and so subsidize the tiny minority that can afford to buy these dream cars. Yet, the lesson is the same for everyone if they want cheap car insurance for whatever make and model they buy. Always get the maximum possible number of car insurance quotes. Only by comparing all the prices and terms on offer can you hope to find the best value policy. Even the wealthy in their dream cars appreciate saving a few dollars when they have the chance.
Want to see what Marcus Stalder has to say on other topics? With years of experience Marcus Stalder is a constant writer for [http://www.insuronline.net/articles/top-and-bottom-of-the-market.html](http://www.insuronline.net/articles/top-and-bottom-of-the-market.html) and you can see all his contributions on that site.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- The Transformative Power of Yamaigel’s Certified Gel Eye Masks
- Checking account with cell phone protection!
- Keeping Cool This Summer: Air Conditioning Installation Services in Milwaukee
- A DIY Guide to Fixing Your Garage Door (with a Call to Garage Door Magnolia When All Else Fails!)
- Can a Bent Garage Door Be Bent Back into Shape? Don't Panic, Call Kiki Garage Door!
- How Can I Tell If My Garage Door Opener Sensor Is Bad?
- Maximizing Profitability: The Economics Behind Customizable Design Assets
- Exploring the Hidden Gems of Si Racha, Thailand
- DIY vs. Professional Movers: Pros and Cons in 2024
- MK Web Celebrates Top Position in Bourne's Premier Web Design Rankings
- The Road to Sobriety: Understanding Substance Use Disorders
- MotorKote Ultimate 40/60 Synthetic Hyper Mix 5W-30
- Exploring Denver on a Dime: A Frugal Travel Guide
- Top 10 Ways Production Scheduling in Business Central Transforms Manufacturing
- Strength Training and it's Incredible Benefits for Fat Burning
- Enhancing Home Security with Aluminum Shutters: A Focus on Weatherwell Elite
- 5 Easy Ways to Make Oral Hygiene Fun for the Whole Family
- Transforming Plastic Extrusion Machines into Recycling Powerhouses
- Unraveling the Potential of Plastic Extrusion Machines
- The Rise of Plastic Recycling Machines: A Step Towards Sustainability
- Strawberry Cheesecake Ice Cream: OMG! Unreal!
- The Advantages of Using Professional Home Cleaners in Ilford
- 8 Compelling Reasons to Hire Professional Home Cleaners
- The 12 Steps Narcotics Anonymous Program To Recovery
- Send Money to Tanzania: Effortless Transfers with SafariRemit
- Stylish Savings: 10 Frugal Ways to Stay Fashionable in 2024
- Fly Cheap With FlightPapa To Any City
- How Collaborating with a Software Development Company Can Propel Your Business Forward
- A Comprehensive Guide to Choosing the Best Hair Transplant Method
- 15 Frugal Tips for a Memorable Wedding Day