A car i want...and best car insurance? - Mustang Evolution

Go Back   Mustang Evolution > Ford Mustang | Wrenching, Care and General Topics > General Mustang Discussion



Reply
 
Thread Tools Search this Thread
Please support our sponsors and let them know you heard about them here!
Old 04-03-2010, 03:00 AM   #1
Registered Member
Regular
 
Join Date: Mar 2010
Posts: 28
A car i want...and best car insurance?

ok, im not saying im getting one now, im just wondering. so theres this car i want, its a 2002 ford mustang, its price is $8,500 and say i only have $2,500-$3,500, how much would i have to pay a month (down payments to pay the rest of it)? and whats the best car insurance?

thanks!
Wren is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 04-03-2010, 03:49 AM   #2
Registered Member
Regular
 
Join Date: Aug 2009
Posts: 45
A car i want...and best car insurance?

You should also consider that such a car may be expensive to insure. Check your insurance rates before buying one, for example here - autoinsurance.hotusa.org
macdaibhidh is offline   Reply With Quote
Old 04-03-2010, 04:36 AM   #3
Registered Member
Regular
 
Join Date: Aug 2009
Posts: 33
A car i want...and best car insurance?

1st insurance depends alot on your age and driving record.

if your 21 or younger and you get insurance by yourself and don't have previous insurance or DL over 3 years and want a full coverage don't expect to pay less that 200 monthly just for insurance.

now most isnruance comapnies ask for a down payment of the first 2 months of premium.

i would suggest to get and older car if you are yunger than 21.
bressal is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 04-03-2010, 05:33 AM   #4
Registered Member
Regular
 
Join Date: Aug 2009
Posts: 51
A car i want...and best car insurance?

It depends on several factors. Say, you put down $2500 and finance $6000 for 60 months. Depending on the interest rate you could get from the bank (e.g., 4.99%, 6.99%, etc..) your payment would be between $120 and $150, roughly. You'd have to work out exact numbers with the bank. You can also estimate payments using auto loan calculator from www.bankrate.com, for example.

In regards to the insurance company, you'd need to shop around. I found that AAA and Progressive are on the expensive side compared to Esurance or Geico. Typically, the younger you are, the higher is the insurance premium, plus it also depends on the type of car. Mustangs are considered sports cars and are more expensive to insure.
lorren is offline   Reply With Quote
Old 04-03-2010, 05:48 AM   #5
Registered Member
Regular
 
Join Date: Aug 2009
Posts: 40
A car i want...and best car insurance?

Interest rates on a used car are very high. Insurance (im assuming you are young) will be expensive for you since its a sporty car, and because you are financing it. Your best bet is to save your money, over 8,500 or however much it costs. Right now call up some insurance companies, tell them your situation and see how much they qoute you. Call a few companies, they will be more than happy to help. GL.
rosswald is offline   Reply With Quote
Reply

Lower Navigation
Go Back   Mustang Evolution > Ford Mustang | Wrenching, Care and General Topics > General Mustang Discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


» Like Us On Facebook



06:16 PM


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0

MustangEvolution.com is in no way associated with or endorsed by Ford Motor Company.