The initial cost of outright buying a luxury or sports car is only just one piece of the “puzzle” when it comes to the overall cost of owning that car. You then have to factor in accessories, fuel prices, service charges, and of course, insurance. Now obviously some cars cost more money to insure than others, and a few in particular are the most expensive to insure. Based on data and average insurance costs from Insure.com, here are the most expensive cars to insure in the United States in 2016.
10. The Porsche 911 Carrera GT3 RS
You’re not going to get any insurance deals on a Porsche 911 Carrera GT3 RS, as it was the 10th most expensive car to insure according to insure.com. Chances are if you’re buying this $175,900 dollar sports car you’ve got one thing in mind: to drive fast. This is Porsche’s most expensive and most premium version of the 911, which is why it’s extremely expensive to insure. You can expect to pay an average annual car insurance premium of $3,212 to insure this high-end Porsche. But if you can afford a car like this, you’re probably not too worried about insurance costs.
9. The Audi RS7 Quattro Prestige
Audi’s RS7 Quattro Prestige is the performance and “premium” version of the standard S7, so by its very definition, it’s going to be an expensive car to insure. I mean, any car that costs over $100K is going to have a heft insurance premium, and owners of the RS7 Quattro Prestige can expect to pay an average annual car insurance premium of some $3,229.
8. The Range Rover SV Autobiography Black LWB
Range Rover’s are fairly notorious for making frequent visits to your local garage for repairs, and they are just generally more expensive cars to insure. At $199,295 dollars the SV Autobiography Black LWB is one of the most expensive cars that Land Rover currently sells, and since it’s a 550hp V8 supercharged SUV with a ultra premium price tag, you’ll be paying around $3,245 each year to insure this behemoth.
7. The BMW M6 Gran Coupe
People generally buy one of BMW’s M vehicles because they need that extra bit of “oomph” when it comes to performance. At $117,200 dollars, the M6 Gran Coupe is certainly one of BMW’s more premium vehicles as it offers consumers not only the long list of luxury features associated with BMW’s, but it also has a 4.4-liter twin-turbocharged V8 that pumps out 560 hp in total. Let’s face it, you’re not fooling insurance companies here, and they know that you’re probably going to go over the legal speed limit in a car like this, which is why the average annual insurance premium of this car is some $3,309.
6. The Nissan GT-R Nismo
It’s definitely no shocker that it cost a lot of money to insure a supercar, and the Nissan GT-R Nismo comes with a hefty insurance premium. At $149,990 dollars the GT-R Nismo is not only the companies most expensive car, but with it’s 3.8-liter twin-turbocharged V6 engine that pumps out 600hp, it’s also their fastest and most powerful consumer car. Like the 911 Carrera GT3 R3, you buy this car to drive fast. Owners can expect an annual average car insurance premium of $3,476 with this GT-R.
5. The Porsche Panamera S Executive
While it may be the most polarizing car Porsche has ever released, the Panamera (like nearly all Porsche’s) costs a lot of money to insure. However since the S Executive model is a more premium version of the standard Panamera, you’ll be paying even more to keep your four-door Porsche safe. According to insure.com, it costs on average some $3,484 each year to insure this vehicle.
4. The Mercedes-Benz S63 AMG 4Matic
The S63 AMG 4Matic from Mercedes is arguably one of their best luxury sedans, as it represents virtually everything Mercedes stands for. It’s attractive looking, functional, practical, packed with luxury features, and quite the performer. But since it’s a $143,250 dollar car with a 5.5-liter biturbo V8 engine, the insurance costs are quite high. The average annual car insurance premium for this vehicle is $3,513, earning it the number four spot on our list.
3. The Mercedes-Benz S600
Ironically the non-AMG version of the S-Class sedan from Mercedes costs more money to insure than the AMG version, but that’s because this car costs more money at $169,050 dollars. While it’s less powerful on-paper, the S600 does have a biturbo V12 and even more luxury features. Owners of the S600 pay about $3,539 each year on insurance, on average.
2. The Mercedes-Benz SL65 AMG
Coming in at number two is yet another Mercedes, and this time it’s the SL65 AMG. This roadster is quite the car with it’s 577hp biturbo V8, and it is certainly an enjoyable car to drive. As is the case with all the cars on this list, since the SL65 AMG is a “performance” car that costs $149,700 dollars, the insurance rates are quite substantial as you can expect to pay an average annual car insurance premium of $3,797 for this car.
1. The Dodge Viper GT
No, it’s not a Bugatti Veyron or a Ferrari 488 as the most expensive car to insure in the United States in 2016, it’s the Dodge Viper GT. Despite the fact that this $97,995 dollar vehicle is “cheaper” than nearly all of the other cars on our list, it still has the most expensive insurance premium, probably because it has a 8.4-liter V10 that delivers some 645 hp in total. It’s often referred to as a “poor mans supercar”, and while it’s definitely a great deal (all things considered), you are going to be paying an average annual premium of $4,048 with this car.
Photo from Dodge