Quote:
Originally Posted by Egrunt
I posted this over on the M2 forum back in December of 23:
The M2 is one of the vehicles we are considering as the wife’s next vehicle. We have been with USAA for over 29 years. We are both in our late 50’s with clean driving records. Location does play a part and we reside in San Diego County (California). The M2 would cost us $952 every 6 months. Our 18 M5 we purchased new in 18 cost $608 every 6 months. I was pleasantly surprised last year when the premium was reduced from just over $800 every 6 months and it is my belief since the M5 was now 5 years old the premium was reduced by almost $200 every 6 months. Here are some other vehicles I inputted into the USAA insurance quote program. All quotes are for 6-month premiums with the same limits of coverage that I carry on all my vehicles.
Most expensive to insure to least expensive:
24 Porsche Panamera Turbo S: $2,167 ** MSRP over 200k***
24 Alpina B8: $2,007
24 X6M Comp: $1,875
23 M8 GC: $ $1,859
23 M5 Comp: $1,778
24 Porsche 911 GT3: $1,347
24 Porsche 911 S Coupe: $1,215 MSRP 155k
24 Porsche Cayenne Coupe Turbo S: $1,187
23 M3 Comp: $1,134
24 X5M Comp: $1,128
23 Corvette Z06 3LZ: $1,119 MSRP 155k
23 Audi RS3: $969
24 M2: $952
23 Dodge Challenger Hellcat Red Eye: $881
24 X3 M: $850
23 Cadillac CT-5 V Black Wing: $848
24 Porsche Cayman GT4 RS: $824
23 Cayman GTS: $793
23 Cadillac CT-4 Black Wing: $777
23 Boxster GTS: $771
23 Cayman S: $770
24 M340i: $759
24 X3 M40i: $753
23 Corvette Z51 2LT: $729 MSRP 96k
24 Porsche Cayenne S: $716
24 Toyota Supra: $699
24 VW Golf R: $689
23 Porsche Macan GTS: $657
18 M5: $608 My vehicle
24 Honda Civic Type R: $583
24 Acura Integra Type S: $567
Interesting take away for me is how much a 23 M5 cost to insure ($1,778) compared to my 18 M5 ($608), $1,170 difference with the same coverage. I know not everyone can join USAA but I have my homes and vehicles insured with them and the insurance premiums and customer service has been top rate. So, at least for us the with USAA the Corvette is cheaper to insure. The Porsche Macan GTS with an MSRP of 115k is $657 every 6 months. My take away is the BMW M products must havce seen an increase claims pay outs due to the higher insurance costs.
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Thank you this is some good info to know... but I suppose the best way of knowing what potential car purchase is gonna cost on the insurance end is to get a quote for it before buying it and such.