There are many individuals that have their heart set on owning a high-end luxury vehicle. Most are aware that the insurance premiums are going to be higher for these. There are also some vehicles that are not considered high end but can be expensive to insure.

Audi R8 5.2 V10

Audi R8 5.2 V10

This vehicle is the cream of the crop when it comes to a powerful vehicle. That is coupled with performance beyond what the average driver would dream of having. It has the V10 that is unmistakably heard when in action. It can reach an rpm of 8700 which never seems to fail to impress its driver.  Another feature of this model is that it is lighter than the standard R8. In a mere 3.7 seconds, it can go from 0 to km/h.  These are all impressive feats for this vehicle. They are ones that surely stand out with the Insurance companies. They all potentially present high-risk factors. Which are red flags to the insurance companies when it comes to setting premiums.  The price tag doesn’t contribute to bringing the price down either. As one can look at a minimum price of $184,000.

Nissan GT-R Nismo

Nissan GT-R Nismo

Insurance companies look at makes and models of vehicles. It is most likely they are a little wary of the sports models. Which is the category that the Nissan GT-R Nismo fits into. No matter which of the three versions a Canadian buyer settles on they can count on paying a lot more for insurance premiums. The starting price for the Premium version is $125,600. The Premium boasts a twin-turbocharged V6 engine. One may think that being a V6 that would help to bring the price how. However, the 600HP works in driving the cost of insurance up.

Mercedes Benz AMG SL65

Mercedes Benz AMG SL65

Just the name alone Mercedes Benz speaks of luxury. But when it pertains to insurance, it can mean something else. With all the metrics that the insurance providers look at one of them is cost. In the event, they have to replace it. For this particular Mercedes, the starting price is $244,400. It is a convertible which is another risk factor. Then for power, the 2017 model has a twin turbo AMG V12. Which some say out powers some of the race cars. For the owner of this beauty the features and benefits go way beyond the interest of the insurance companies. This is a car that is built for ultimate luxury and comfort.

Mercedes Maybach S600

Mercedes Maybach S600

This is a V12 turbocharges that possesses a 523hp along with 512 lb-ft. of torque. So there is no question about its power. In about five seconds one can go from zero to 10 km. everything about this vehicle both inside and out speaks of luxury and quality. It has a 7-speed automatic transmission and is RWD. It is a Sedan that has been built for fuel efficiency. One may think that wouldn’t matter to the owner who is willing to pay about $232,400. But they will want to save some money somewhere. As they won’t be saving it on insurance premiums.

Mercedes Benz AMG

mercedes benz amg

There are less expensive Mercedes Benz vehicles. One of these is the Merced Benz AMG. Which comes in at about $163,000. This vehicle is available in different versions. All have their specific features and appeal. The version that has the most power is the GT R.  Within just 3.6 seconds it can hit 100km starting from zero.

Mercedes Benz S550

Mercedes Benz S550

If you are willing to put out about $117,900, then this Mercedes can be yours. This is a hybrid built for performance and luxury. Buyers can have all this with the purchase of this vehicle. It has a Twin Turbo gas/electric v6 engine with RWD. For the insurance companies, one of the priorities here is going to be the price tag. They don’t envy the thought of having to put out this kind of money to replace it if a claim gets made.

Maserati Quattroporte

Maserati Quattroporte

With the various options that come with this Maserati vehicle, the price is going to depend on this. As well as the insurance premiums. Being as the choices include engine options. Which means more potential power. The hp can range from 405 hp to 530 hp all powered with a twin turbo engine. The transmission is an 8 speed, and the drivetrain is RWD/AWD. The starting price is around $127,500.

Mercedes Benz AMG S63

Mercedes Benz AMG S63

For power and performance, one is looking at a V8 that can put out 603hp. It can go from zero to 100 in a mere 3.5 seconds.  It is an AWD and along with its power comes many different elements of luxury and comfort. Not only for the interior but when it comes to a smooth, flawless drive. The technology built into the cabin makes it hard to believe that this is just a vehicle. For the buyer, they are looking at around $163,500.

Dodge Viper

Dodge Viper

With a V10 engine and a 6-speed manual transmission, the new owner of this vehicle is not going to be lacking anything. When it comes to the power that they want.  This is well recognized with its 645hp. It has a record of going from zero to 95.6 Km in 3.6 seconds. With power like this, you can well imagine that focus gets placed on the safety features. The interior is tight but comfortable. There is a choice of trims. Depending on the model the cost is going to start at about $145,995.

Mitsubishi Lancer 2WD

Mitsubishi Lancer 2WD

It is a sports type vehicle which helps to increase the insurance costs. Also, it has received a 4 out of 5 rating for overall crashworthiness.  Plus, it is the low price range compared to all the other most expensive cars to insure. Depending on the model it can start at $17,998.

Each of these vehicles is going to have its features. That is going to draw attention to the insurance companies. Each insurance company will have its own perception. About what they feel are their risks when it comes to setting the premiums.

Resources

https://www.hotcars.com/the-10-most-expensive-cars-to-insure-and-the-10-cheapest/
https://247wallst.com/special-report/2018/05/22/25-most-expensive-cars-to-insure/6/
https://carcostcanada.com/Canada/Prices/2017-Audi-R8/29090
https://www.guideautoweb.com/en/articles/45659/2018-audi-r8-v10-rws-the-rear-wheel-drive-r8/
https://www.nissan.ca/en/sportscars/gt-r/versions-specs.html
http://autoweek.com/article/car-reviews/2017-mercedes-amg-sl65-review-over-top
http://driving.ca/mercedes-benz/s-class/reviews/road-test/mercedes-maybach-s600-v12-fury-wrapped-in-an-opulent-silk-suit
https://www.guideautoweb.com/en/makes/mercedes-benz/amg-gt/2018/
https://www.maserati.ca/maserati/ca/en
https://www.mercedes-benz.ca/en/vehicles/class/s-class/sedan/type-amg
https://www.ontariochrysler.ca/dodge/viper.htm
https://carcostcanada.com/Canada/Prices/2017-Dodge-Viper/29657
https://www.edmunds.com/mitsubishi/lancer/2017/review/