UPDATED: Mar 13, 2020
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The following is an exported forum post from our discontinued forum. If you would like to reply to this old forum post, please post a comment below.
I want a car with good mileage per gallon as well as good insurance prices.
What should I buy? Gimme some suggestions PLZ
There’s nothing wrong with being cheap! Buying a car with great mileage and cheap insurance premiums can save you tens of thousands of dollars over the lifespan of a vehicle.
Today’s most efficient cars often get more than 45 miles per gallon (MPG). In many cases, these vehicles are also relatively affordable to insure: they tend to be small or mid-sized cars with MSRPs below $30,000. Many of the cars with high fuel efficiency and low insurance premiums are popular domestic models that are cheap and easy to repair. Most mechanics in the United States can competently repair a Honda, Toyota, or Chevrolet more easily (and cheaply) than they can repair, say, a Porsche.
Insurance companies also consider safety ratings when assessing insurance premiums. A car with a better safety rating is more likely to protect its passengers in a crash. If the passengers are uninjured, then the insurance company doesn’t have to pay as much compensation after an accident.
All of these factors and more go into calculating insurance premiums. Now, let’s take a look at which vehicles have the best combination of fuel efficiency and cheap insurance premiums.
The Most Fuel Efficient Vehicles
Here are some of the most fuel-efficient vehicles on the road today, according to tests by Consumer Reports:
- Honda Insight: 54 mpg
- Toyota Prius: 52 mpg
- Hyundai Ioniq: 52 mpg
- Toyota Prius Prime: 50 mpg
- Honda Accord: 47 mpg
- Toyota Camry: 47 mpg
- Toyota Prius C: 43 mpg
- Kia Niro: 43 mpg
- Toyota Avalon: 42 mpg
- Chevrolet Malibu: 41 mpg
Many of the vehicles above are affordable domestic vehicles. They’re common and popular. Mechanics almost always have the necessary parts, and it’s easy to find repair shops. The vehicles above also tend to come with low or average MSRPs. All of these factors add up to cheaper insurance premiums.
Plug any of the above vehicles into an insurance comparison form (like our own form) to get instant rate information. You’ll find that most of the above vehicles are relatively cheap to insure: they’re not high-end SUVs or trucks, after all. Many of the vehicles above also have strong safety ratings, which is another way to lower insurance prices.
The Cheapest Vehicles to Insure
Now, let’s take a look at some of the cheapest cars to insure. You’ll notice there are several cars that appear on both the list above and the list below:
- Toyota Corolla
- Honda Civic
- Hyundai Elantra
- Mazda Mazda3
- Chevrolet Cruze
- Hyundai Accent
- Toyota Camry
- Volkswagen Golf
- Volkswagen Jetta
The Toyota Camry appears on both lists, which could make it a winner for your unique needs. A 2019 base model Toyota Camry is $24,000, which makes it slightly more expensive than its in-class competitors. However, you could quickly make up this price difference with your cheap insurance premiums and great gas mileage.
Generally, if you’re comparing 2019 models of the vehicles above, you’ll find car insurance premiums are relatively similar. Most car models listed above have an MSRP below $30,000. They also tend to be small or mid-sized cars. You’ll find small differences between vehicle types, but don’t expect dramatic insurance savings between any of the models listed above.
Ultimately, fuel efficiency and insurance prices are important things to consider when shopping for a vehicle. Many people have splurged on a higher-end vehicle, only to find their insurance premiums have tripled and they can no longer afford their policy! We’re glad you’re doing your research upfront: it can help you save a considerable amount of money in the long run. Enter your zip code below to view companies that have cheap auto insurance rates. Secured with SHA-256 Encryption
Enter your zip code below to view companies that have cheap auto insurance rates.
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Please view our article “The Least Expensive Cars To Insure” here –
To find out which cars on this list have good MPG rates, go here –
Also, it appears you aren’t looking to spend a lot on a car (so this might be out of the question), but please be advised that hybrid vehicles cost little to insure and have solid MPGs… going green… Like the article says, “Those that qualify can expect to save 10-15% off your auto insurance premium, says the Consumer Federation.”