For many years, Americans have associated the car they drive with their personal image. While there is nothing wrong with wanting a nice set of wheels, you have to consider more than your image. How much money does the car cost? Is it practical for your current lifestyle?
One of the most overlooked factors of buying a car is the cost of insurance. Do you really want to buy a vehicle that is going to cost an arm and a leg to insure? If you make this decision, you may soon find your monthly budget under a lot of stress.
Before buying a car, contact your insurance agent to request a quote for coverage. This will give you a solid understanding of how much you will pay for insurance compared to your current rate. Soon enough, you will know if upgrading to a new vehicle is cost efficient.
Here are 10 popular vehicles that are stylish as well as affordable to insure:
Dodge Grand Caravan
What do you notice about this list? Believe it or not, there are many minivans, trucks, and SUVs. This is not to say that cars are more expensive to insure, but many find it hard to believe that these bigger vehicles offer lower than average premiums.
Note: Just because one of these vehicles is cheap for somebody else to insure does not mean that it will hold true for you. There is a lot that goes into determining your insurance premium, including your age and driving history.