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The five most expensive cars to insure

When a car salesman utters the words: “5.9 litre V12” to you, it may be time to consider other options. This is not because a 5.9 litre V12 is a below average engine type; it most definitely is not. It may be time to consider other cars to purchase because a 5.9 litre V12 powered motorcar will likely cost you an arm and a leg to insure.

The amount a car costs to insure can sometimes be a deal breaker at an automotive dealership.  Due to the fact that the monetary outlay involved in buying a car is usually almost one-year’s wages, every saving counts when you are looking to purchase a new car.

Below is a list of the most expensive cars to insure and get on the road in 2016.

Porsche Panamera S Executive

Insurance rate in the U.S.A.: $3,484

The Porsche Panamera S Executive’s upfront cost of $123,436 coupled with its average yearly insurance rate of $3,484, make the 2016 model of this car worth in the excess of an eighth of a million. Although brimming with any colour of leather you choose and an exceptional radio interface, the exterior of this car leaves a lot to be desired. In truth, the Porsche Panamera S Executive looks more like a run-of-the-mill hatchback than a classic German sportscar.

Mercedes S63 AMG 4Matic

Insurance rate in the U.S.A.: $3,513

Spoiler alert: the Mercedes S63 AMG 4Matic will not be the last Mercedes on this list. With a 4.0 litre V8 that emits an Ozone destroying 207 g/km of CO2, this incredibly fast Mercedes sedan is unsurprisingly expensive to insure.

Mercedes S600 BI-T

Insurance rate in the U.S.A.: $3,539

Auto insurance companies, such as belairdirect, may offer cheaper insurance rates; but in the U.S.A. the average insurance rate for the luxurious Mercedes S600 BI-T is an astonishing $3,539. The Mercedes S600 is seemingly the average businessman’s favourite car; however, due to the fact that there a a large number of Audi and BMW sedans that are much cheaper to insure, it is difficult to see why.

Mercedes SL65 AMG

Insurance rate in the U.S.A.: $3,797

If this list has taught you one thing, it is that a Mercedes car dealership is to be avoided if you are looking to save money on car insurance. The Mercedes SL65 AMG is powered by a gas guzzling 6.0 litre V12 engine, and will cost you an average yearly insurance fee of $3,797 and an upfront fee of $157,527. These price tags are most certainly not for the faint hearted.

Dodge GT Viper

Insurance rate in the U.S.A.: $4,048

Due to Mercedes dominance of this list of the most expensive cars to insure, it is surprising that a Dodge GT Viper is the most expensive of all. The GT Viper is an astonishing $300 more to insure than its nearest competitor; however, it is in one of the cheapest cars on this list. Combined with its $95,895 upfront fee, the Dodge GT Viper costs just under $100,000.