My 96gt never cost me more than 110$ for insurance. I also averaged a good 19mpg city and nearly 30 on the highway. I'm kind of a natural hypermiler and it makes a big difference. But even when I had the red mist, i never was upset with the gas consumption. But let me put it this way, gas is cheap (no really, it is stupid cheap especially in the US) It's only going to get more expensive. So get the car and enjoy it now.
2003 Mach 1