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If you have a car, you have car insurance, and we’re willing to bet that the cost of insurance has played a part in your car-buying process. The cost of insurance for a vehicle is not only determined by the overall cost of the vehicle (obviously, it plays a role) but by factors that also include rate of theft, vandalism, demographics of the buyers, and type of vehicle (sports car vs. econo-gas-miser vs. truck vs. SUV).
According to Kanetix.ca, the SmartForTwo is the cheapest car to insure in Canada. It’s very clear that the Smart car is not for everyone and is not a viable option as the primary vehicle for most folks in Canada.
So instead of bringing you a list of the outright cheapest cars to insure in Canada, we’re bringing you the list of the cheapest late-model top-selling cars (according to Insurance Hotline), as we feel that information is more applicable to our car-conscious readers. After all, most of you are no more likely to go out and buy a 2006 Pontiac Grand Prix (which is one of the cheapest cars to insure in Canada right now) over a 2014 Honda Civic, Toyota Corolla, Ford Fusion, Focus or Mazda’s fantastic Mazda3 than we are.
Interestingly enough, the cost difference in the list of 10 cheapest best-selling cars to insure from least expensive to the most expensive is less than $250 per-annum. So it’s up to you to decide if another 20 or so bucks a month is enough to sway your pick from of cars off of this list.
Check out the list above – in order, the least expensive of the bunch is the first slide. Happy shopping!
Top 10 cheapest best-selling cars to insure in Canada
Top 10 cheapest best-selling cars to insure in Canada originally appeared on Autoblog Canada on Mon, 11 Aug 2014 18:00:00 EST. Please see our terms for use of feeds.
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