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Difference in Insurance Cost

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Old 05-08-2007, 08:13 PM
  #1  
The_Third
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Default Difference in Insurance Cost

I currently have a 2006 v6, I'm 18 and I have Erie car insurance. Since I'm of age now I decided to trade up to a GT, since I can comfortibly make payments now. However insurance is the only thing standing in my way. I have an extensive insurance policy, it covers everything to the maximum possible.

Long story short, how much more is a GT going to run me? Has anyone done this or have an educated guess as to the difference between the two? I may just call in the morning, but it'd be nice to know ahead of time what other prices people are getting near my age, and if I should even try.

I read the thread of everyone's car insurance rates and all, I'm just interested to see if anyone has done something similar to this with their car/insurance.
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Old 05-08-2007, 08:16 PM
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djohn23
 
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Default RE: Difference in Insurance Cost

Only way to know is to call and ask your insurance company. Each insurance company is different and so are the relative rates.
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Old 05-08-2007, 08:20 PM
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555*
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Default RE: Difference in Insurance Cost

Yeah most insurance companies have a quote thing online. Or you could just call them and give them a VIN # from a v8 off autotrader, similiar to what your looking for to get an idea of how much its gonna cost you. I'm 21 and pay $990 every 6 months for my GT AND a 80 malibu. If I took the malibu off they ditch the multi car discount and it jumps to about $1200 every 6 months. Good luck man. Mine is for sale
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Old 05-08-2007, 08:20 PM
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The_Third
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Default RE: Difference in Insurance Cost

ORIGINAL: djohn23

Only way to know is to call and ask your insurance company. Each insurance company is different and so are the relative rates.
Yeah I just figured I'd ask around incase there was a proportional increase between models, or something to that effect. I'm just afraid if they give me a quote, they'll run my record!
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Old 05-08-2007, 08:42 PM
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05SDI
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Default RE: Difference in Insurance Cost

We have both a 06 V6 vert and a 06 GT Vert, both are full covered and the GT is almost EXACTLY double what the V6 is both Mustangs are fully loaded.
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Old 05-08-2007, 08:44 PM
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2005StangGT
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Default RE: Difference in Insurance Cost

Don't know, but my guess would be it would double....
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Old 05-08-2007, 10:07 PM
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The_Third
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Default RE: Difference in Insurance Cost

I'm already paying an obscene amount, if they tell me it's double I'm going to have to find a new insurance company
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Old 05-08-2007, 10:10 PM
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moosestang
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Default RE: Difference in Insurance Cost

You can afford a GT/insurance and rent at 18?

ORIGINAL: The_Third

I currently have a 2006 v6, I'm 18 and I have Erie car insurance. Since I'm of age now I decided to trade up to a GT, since I can comfortibly make payments now. However insurance is the only thing standing in my way. I have an extensive insurance policy, it covers everything to the maximum possible.

Long story short, how much more is a GT going to run me? Has anyone done this or have an educated guess as to the difference between the two? I may just call in the morning, but it'd be nice to know ahead of time what other prices people are getting near my age, and if I should even try.

I read the thread of everyone's car insurance rates and all, I'm just interested to see if anyone has done something similar to this with their car/insurance.
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Old 05-08-2007, 10:13 PM
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NickSezz
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Default RE: Difference in Insurance Cost

In Jersey my v6 is 2400 per year....and thats why I have the V6...sad day.
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Old 05-09-2007, 06:50 AM
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05Stang4Me
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Default RE: Difference in Insurance Cost

I had a V6 Stang first and then I traded it in for a GT and my insurance only went up $50 every 6 months. Now I am 40 years old with multi-car discounts, but I was suprised that it was not more. Good luck with your serch.
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