The Nissan Pathfinder, launched in 1986, has gained popularity in recent years as an affordable midsize SUV. The Pathfinder, with its enhanced exteriors and numerous facelifts, is also an extremely coveted car in the used car market. When you are buying a used Pathfinder, you have to also factor in the insurance costs, which could account for a significant percentage of your overall costs. In this feature, we will examine the insurance costs of the used Pathfinder across the states, and compare them to the median price of the car to list the best states to insure a Pathfinder.
On an average, the United States spends $1,264 every year to insure a used Nissan Pathfinder. The data collected for the years 2005-2012 shows that as of November 2013, Maine is the state in which insuring the Pathfinder costs the least. With a median price of $21,699, and average annual insurance rate of $818, Maine is definitely a great state to buy and insure a used Pathfinder.
The insurance costs should not affect your car buying decisions if you consider the fact that you cannot buy insurance from another state to avoid high insurance costs. But you can chalk out a fair estimate of your cost by factoring in the average cost of insurance. You can, however, choose to buy the car from another state where it is available for less and have it shipped back home. For example, if you live in Iowa, you can buy the Pathfinder from Arizona and save more than $8,000 (after subtracting the cost of shipping and auto transport insurance).
If we consider both the median prices and the insurance costs across the states, the best states to buy and insure a used Nissan Pathfinder are Arizona, Ohio, Maine, Iowa, and North Carolina.
Let us consider the following table –
|State||Insurance Average ($)||Median Price ($)||Insurance Percentage (%)|
The low insurance costs in these states make them the ideal states to own a Pathfinder. Since you cannot insure your car in another state, and are stuck with the insurance rates in your zip code – you are lucky if they are low. In Arizona, both the average insurance as well as the median price are low. Iowans can buy the Pathfinder from another state, but they still have to pay relatively lower insurance costs every year.