Insurance on a new and used car?

Question

I was wondering what would be cheaper, insurance on a new car, or a used car (nothing too old though, 2004 to 2008)

Answer 1

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Answer 2

it depends on what kinda of car it is. if its full or partial and a bunch of other stuff. but probably the used one.

Answer 3

The used car would most likely be cheaper.The new car will most likely cost more and regardless of how good the deal would seem you will more than likely owe more on the new car than it is worth. That is why a lot of lenders make you take out Gap insurance to cover the additional amount you owe on a vehicle above book value in case you are in an accident and your vehicle is totaled

Answer 4

Try using http://My-InsuranceSearch.com to compare car insurance rates for all the major providers in your area.

Answer 5

If all things are equal (safety features, hp, reliability, value, etc.), the used car will be cheaper.