So my aunt called about the insurance for me and it is:

$457 a month

I hope she's lying to me as a joke or the whoever she spoke to typed in Corvette and a 1000 HP.

I'm 16, a male, and its sports car, but thats still inane. Just when I thought I could really get it in a month or so,

How much are you paying in insurance (if you don't mind saying)?

 

yikes.
Do you have any history of accidents or tickets?
If not you should be able to get a better rate than that.

 

goget an OBMAMOBILE...

 

I would definitely get a second quote. There might be an error. Then again, if that was for the V8, consider the V6 version. You may be able to keep your dream alive and still have a lot of fun. 300+ hp is good for that!

I would also consider waiting and getting a quote later as most if not all insurance companies don't have complete data on the Camaro to get an accurate quote together yet.

 

definately shop around. took me a while to get with my carrier. but they are pretty much the best coverage in the u.s . currently paying 83$ a mth full coverage for the truck and z28 on one policy. and qouted my new 2SS/RS. was only like 28$ more a month to insure it. feel free to check them out the ins website is www.amica.com

 

tell your aunt to put the camaro under her name... if her record is perfect, then pay her the monthly payments

 

So for most cars the premiums are based on claims... so how do they create premiums for a car that isn't even out?

At any rate, before I turned 25 there was a huge difference in rates between the V8 and V6. But after that the difference was only like $1 per 6 months. Basically the problem is that young people by and large just cannot go very long with a very powerful car without making a bad decision that ends up in a wreck.

 

How are you paying for a brand new car at 16 anyway? Let alone insurance?

 

Yea really, I don't see how you could afford the car in the first place.

 

he must be a drug dealer.....






JK..

 

That seems like a crazy high amount! Try other agencies.

 

If you can afford that car being 16 then you should be able to afford the insurance. But good luck.

 

Let me guess. Some actuary pulled up the data on teenagers driving 15 year-old beater Camaros, and just extrapolated that out to a brand new $30K car.

At least some things never change. Insurance companies hated this car when I was in high-school too.

 

When I was 17, I had an 89 Dodge Aries. I was my grandmothers, then my fathers, then I had to pay to get it roadworthy again. Unless you've been saving your money and working since you were 10 years old, you get no sympathy from me!

 

LOL! x2! 89 Dodge Aries? Try an 83 Dodge Aries!

16 years old with 400+ horsepower.... no chance you get good rates with anyone. Insuring you would be like going to the zoo and giving all the monkeys loaded guns...