Consumer Reports analyzed 90 million insurance quotes via Insurify, and found the following six vehicles are among the cheapest to insure. These models were selected based on factors like strong safety scores and affordable repair histories.
The 6 Cheapest Used Cars to Insure
Vehicle | 2024 Price Range | Reliability Score (out of 100) |
$23,250 - $30,700 | 67 | |
$24,575 - $30,600 | 74 | |
$33,000 - $41,500 | 42 | |
$38,150 - $56,875 | 86 | |
$19,925 - $26,750 | 28 | |
$24,350 - $34,100 | 71 |
Key Takeaways
Cost Drivers: While these vehicles have low insurance premiums, Consumer Reports notes that insurance rates are heavily influenced by the vehicle's history of repairs, safety ratings, and theft susceptibility.
Reliability Warning: Not all vehicles on this list are highly rated for reliability. The Toyota 4Runner leads the group with a score of 86, while the Ford Escape and Honda Odyssey scored significantly lower.
Financial Context: A lower sticker price doesn't always guarantee lower total ownership costs, so it is important to consider both insurance premiums and maintenance reliability when shopping.
Thanks for reading everybody!
-Paul