The best and worst states to buy and insure Nissan Armada

In case you are planning to buy an SUV in the US, the Nissan Armada is one of the best options available in the market. This full-size SUV is the most expensive Nissan model (considering both the price as well as insurance costs) among 14 Nissan models. The median price of the Nissan Armada is $50090 higher than median of 215 cars of different makes and models. The average cost of insurance of the Nissan Armada for a period of 5 years is $7155. Of all the full-size SUVs, the Nissan Armada is the third most expensive to insure. On the other hand, of all the full-size SUVs, the Armada is the fourth least expensive, considering its Manufacturer’s Suggested Retail Price (MSRP). The Nissan Armada is thus, one of the most affordable cars in its segment to buy, but extremely expensive to insure.

The median price of the Nissan Armada is the lowest in the state of Vermont, where it is available for a median MSRP of $22,710. Maine, on the other hand, is the most expensive state to buy the Armada. The median MSRP here is $53,790. It is priced around $3700 above the national median price. However, insuring a Nissan Armada is least expensive in Maine with an insurance rate of $938, followed by Iowa at $1056 and North Carolina at $1056.

The insurance average in Maine is around 34% lower than the median insurance rate of $1431, which is the average annual insurance rate in Maryland. Maryland is the median state, as compared to the national average insurance rate of $1528. Louisiana, on the other hand, has the most expensive insurance rate at $2567, followed by Michigan at $2438 and Oklahoma at $2342. This is around 79% higher than the median insurance rate. But, the median price for Nissan Armada in Louisiana is the same as the national median price making it affordable to buy an Armada here.