Cheapest Second Hand Cars To Insure

The Benefits Of Buying Second Hand Cars

Buying a second hand car can be a great way to save money. Not only can you get a good quality car for a fraction of the cost of a new one, but you can also save money on insurance. Insuring a used car is often cheaper than insuring a new car, as the value of a used car is lower and therefore the insurance premiums are lower. There are many benefits to buying a second hand car, but the most important one is saving money on insurance.

Which Cars Are Cheapest To Insure?

When it comes to insuring a second hand car, there are certain cars that are cheaper to insure than others. Generally, the larger and more powerful the car is, the more expensive the insurance will be. Smaller, less powerful cars tend to be cheaper to insure, as they pose less of a risk to the insurer.

Some of the cheapest second hand cars to insure include the Ford Fiesta, Volkswagen Polo, Vauxhall Corsa and Toyota Yaris. These cars are relatively small and low-powered, so they are cheaper to insure than larger, more powerful cars.

Other Factors That Affect Insurance Premiums

It isn't just the type of car that affects the cost of insurance. There are other factors that can have an impact on the cost of insurance for a second hand car. The age of the car and the driver's age and experience can all affect the cost of insurance. The more experienced the driver is, the cheaper the insurance premiums will be.

It is also important to bear in mind that the cost of insurance can vary from one insurer to another. Therefore, it is always worth shopping around to get the best deal.

Making Your Car Cheaper To Insure

There are a few things you can do to make your second hand car cheaper to insure. One option is to fit a safety device such as an alarm or immobiliser. This can help to reduce the risk of theft and will often result in cheaper insurance premiums.

Another option is to fit a tracking device to your car. This will enable the insurer to track the car if it is stolen, which will reduce the risk to the insurer. This can also result in cheaper insurance premiums.

Finally, you could consider increasing the voluntary excess on your policy. This is the amount you would have to pay if you make a claim. By increasing the voluntary excess, you can reduce the cost of your insurance premiums.

Conclusion

Buying a second hand car can be a great way to save money, and the cost of insurance can be much lower than insuring a new car. When looking for a second hand car, it is worth considering the cost of insurance. Generally, smaller, less powerful cars are cheaper to insure than larger, more powerful cars.

Other factors can also affect the cost of insurance, such as the age of the car and the driver's age and experience. It is also worth shopping around to get the best deal. Finally, there are a few things you can do to make your car cheaper to insure, such as fitting safety devices and tracking devices and increasing the voluntary excess.