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Cool Cars from 2011 and Insurance Rates

July 25th, 2011 · No Comments

The US News Best Cars ratings for 2011 automobiles listed the Audi A8 as #3 in Super Luxury Cars, the BMW 7 Series as #3 in Luxury Large Cars, and the Mazda MX-5 Miata as #1 in Affordable Sports Cars. Those are the three cars discussed below.

When gaining insurance quotes for these cars, it was assumed they were for a 23-year-old male with a good driving record, the same insurance since 18, and living in the M4Y 2Y5 postal code. All quotes were for deductibles of $500 and liability of $1,000,000.

Canadian Money

Most auto prices were quoted in U.S. dollars, so the Canadian dollar amount is a result of using a current daily conversion rate. Insurance is in Canadian dollars.

Audi A8

This auto is fairly decent on fuel, has excellent suspension, and is filled with the latest technology. Some rivals are more powerful and trunk space is a consideration. It has a smaller trunk than other super luxury cars so if you take trips that require luggage, this may be a problem. The interior is luxurious, making long trips more comfortable. The price tag is between $77,426 ($74,964) and $83,272 ($80,624). Insurance runs between $3329 and $8236.

BMW 7 Series

If you are looking for a comfortable interior without sacrificing handling, this auto may be for you. The model 740Li has an extended wheelbase which allows more room in the back seat. An added feature for 2011 is a twin-turbo six-cylinder engine. If you are looking for luxury, Bluetooth, ten-speaker stereo, or leather, this may be the car for you. The price varies greatly, starting at $43,559 ($42,173) and spiralling to over $137,000 ($132,649). Insurance quotes start at $3825 and go up to $9281.

Mazda MX-5 Miata

This has been picked by US News as the 2011 Best Sports Car for the Money. Most are happy that it is like the 2010. It is noted for its ease of handling, great fuel mileage, and the fact that it holds the value longer. One great advantage is the fact that the hardtop is retractable. This is an excellent value at between $22,154 ($21,450) and $28,330 ($27,429). The insurance quote were between $2716 and $6321.

Cash for Your Car

With the many online websites offering you cash for your car, you may be better off selling your car instead of trading it in. Explore those possibilities before you buy.

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