How much would insurance be for a '69 mustang for a 17 year old with a 3.6 gpa?

Question

Yeah, I really want a mustang but my parents are killing me about the insurance. So i want to find out how much it really is so I can tell them if i can pay for it or not. I really want this car, I know alot about cars so i'm not an idiot , i know what i'm doing. I just need to know. Thanks alot.

Answer 1

Insurance would be the least of your worries. Good luck getting anywhere near 20mpg with even a well tuned car of that age and class. 69 Mustangs were made when gas was far less than a buck a gallon. If you really want one stick it in a garage, never insure it or drive it on the street and get yourself an older Honda Civic Hatchback which can get 55 highway mpg and with the money you save on insurance and gas you can buy more parts for the stang.

Answer 2

Be prepared to pay at least $1,200.00 every six months, if not more -- and that's IF your parents will have you added to their policy.  If not, be prepared to pay at least $2,000.00 every six months.  Why?  Two reasons:  (1) A 1969 Mustang is a sports car, and insurance for sports cars costs more than any other vehicle.  (2) You're only 17, which places you in the highest risk group for insurance purposes.