Buying a car need insurance help..?

Question

ok. so heres the deal. im buying a used car with about 150K miles on it and its a '93 yr model. im 18 years old, and i only had my license for about a month. i need to know how much insurance is for someone my age and does the car being old and having a lot of milage on it effect the price of insurance? i want to get off my dad's insurance and have it on my own, cuz he wont tell me anything, he told me that i have to put like $2000 down just to get insurance....help please!!

Answer 1

It will likely be expensive. You have to call several insurance companies to get quotes though. Be honest with them to if you expect an acurate quote.

Answer 2

the age of the car and mileage will not affect the price if you are only getting liability (which on a 93 model I assume you are).  what WILL affect the price is your age, driving experience and driving record abnd the liability limits you choose.   being 18 with only 1 month driving experience you are an inexperienced operator and will be surcharged as such.  you are looking a a high downpayment (i would guess 200-300) and monthly payment of about the same.

Answer 3

To start, mileage normally doesn't affect the price of insurance unless to are thinking of putting full coverage on the car.  Being 18 you will need a sizable down-payment and most likely pay in the range of $125-$200 a month depending on where you live. I strongly recommend taking defensive driving or going to a driving school, the cost of classes will be offset by the reduced insurance price. Good luck.