How much does it cost to insure a Honda S2000?

How much does it cost to insure a Honda S2000?

How much does it cost to insure a Honda S2000 2.2 2.157 cc? The average insurance rate is at $1,165 per year for adults, $1,933 for teens and $966 for senior drivers.

Is insurance for an S2000 expensive?

You’re going to be paying $3-5k per year for full insurance coverage for an S2000 for ages 16-18.

Are Hondas more expensive to insure?

We also found that an 18-year-old can expect to pay higher rates: $7,681 per year, on average. Insurance for a Honda Accord is moderately expensive. Honda’s larger sedan was the fourth most expensive Honda model in our analysis and cost $12 more than the overall average price we found for Honda insurance, $2,151.

How much is insurance for a sports car for a 21 year old?

On average, a car insurance policy for a 21-year-old driver will cost $1,584 — about $850 more than the national average. Although a 21-year-old is no longer a teen driver, they’re still considered a risky client to an insurance company.

Is a charger considered a sports car for insurance?

The current Chargers are not classified as sports cars, but as muscle cars. As it is a full sized family sedan, if you get the base 6 cylinder engine (decent enough power at 300 bhp), you will not be paying a premium.

Why Leasing a car is smart?

Leasing a car has potential benefits that may appeal to some drivers: Lower monthly payments: Monthly payments for a car lease are usually lower than monthly car loan payments, so leasing could mean spending less money each month to drive the same car.

Is it worth leasing a Tesla?

In fact, the residual values embedded in Tesla’s leases look too low. That makes leasing a Tesla a lousy deal for car buyers. But over five years, the average large luxury car—similar to a Model S—loses around 70% of its value. Tesla is doing better than average and much better than its competition.

Why is Tesla lease so expensive?

Tesla’s money factor means more than its residual values According to Lease Hacker, the money factor – or interest rate – that Tesla factors into its leases is equivalent to a 5.79% APR (0.0024125), which is extremely high for a lease structure.

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