Exotic Cars & Their Insurance - The Most Expensive Rides of 2012
 

-estimates of insurance premiums from a Canadian insurance company for some exotics. The insurance amounts are enough to buy a car. :eek3:

Exotic Cars & Their Insurance - The Most Expensive Rides of 2012

2012 Koenigsegg Agera R
Price: $1.7 million

Estimated Annual Auto Insurance Cost: $30,876

Pagani Huayra
Price: $1.3 million

Estimated Annual Auto Insurance Cost: $23,611

Aston Martin One-77
Price: $1.4 million

Estimated Annual Auto Insurance Cost: $23,828

Zenvo ST1
Price: $1.8 million

Estimated Annual Auto Insurance Cost: $42,240

Bugatti Veyron Supersport
Price: $2.6 million

Estimated Annual Auto Insurance Cost: $50,855

It's cheaper just to get the day permits everyday :lawl:

^ Umm but if you can afford a 1.3 - 2.6 million dollar car 30-50k is chump change.. I doubt the owners would go through the hassle of going to insurance to buy permits constantly.

Also, ICBC doesn't actually cover comprehensive insurance for exotics. These cost estimates are all from private insurance companies. IIRC, ICBC's insurances maxes out around $8000.

:troll:

but in all seriousness... that's insane. Even though it's probably chump change to those who can afford the cars.

iuno, i dont' think that's that expensive all in all.

The cost of insurance for some people is worth more than their cars.

$1 million car, $20,000 insurance per year is only 2%.

An average car is about $40,000, people on average probably pays $2,000 for insurance, which is 5%.

Relatively speaking... deal? :ilied:

+1..

If you can blow over a MILLION on a car, insurance shouldn't be an issue at all..

Actually what I originally expected (sort of)

I thought I remember reading that it costs about $20,000 a year to insure a Ferrari/lambo for a new driver through ICBC. Think I read that when all those supercars got tagged for street racing.

Not sure about New Drivers, but a family friend had a Gallardo, and I think I remember him saying it was around $7000 a year.

I guess it depends on your coverage, discount, and so on.. Also a lot of people only insure the cars for a few months out of the year..

% wise relative to the car value, pretty reasonable.

No surprise here. Don't forget the cost of gas too, those things chug premium like there's no tomorrow.

If you can afford a supercar, you can afford the insurance.

You must be talking about my car.

im guessing u should have more than 2-3mill before buying a luxury car

Yeah, I'll stick to paying $153 a month, thanks

Keep in mind comparing ICBC to the rest of the country and the USA dosen't work. Since our insurance is subsidised and set at a limit to keep things "fair."

R8 GT spyder that was sold at audi of richmond was estimated at $20k for the customer that bought it.