If you are planning to buy a used Mini Cooper in the United States, you are probably wondering how much insuring it will cost in your state. A used Mini Cooper will cost you, on an average, $17,299 in the United States, and insuring it will cost you $1532.
There are some states where the insurance costs are the least of your concerns, and the cost of the vehicle is the problem. If you live in one of these states, the good news is that your annual cost of insurance is low. You can avoid high purchase costs by buying your car from another state.
The three best states to insure a used Mini Cooper are listed in the table below. The insurance percentage in the table is the percentage of median price that is spent on insurance.
|State||Year Range||Insurance Average ($)||Median Price ($)||Insurance Percentage (%)|
|Maine||2005 - 2012||876||15,900||5|
|Iowa||2005 - 2012||968||16,905||5|
|Indiana||2005 - 2012||1,036||19,387||5|
The Mini Cooper is available for a median price of $10,777 in Delaware, so it might be wise for those from Indiana to buy it from Delaware. Even if you add auto transport insurance and shipping costs, you might end up saving more than $5,000 on purchase costs.
As of November 29, 2013, the data collected shows us that the highest average yearly insurance for a Mini Cooper is paid by Arkansas. The table below lists the most expensive states to insure a Mini Cooper.
|State||Year range||Insurance average ($)||Median price ($)||Insurance percentage (%)|
If you live in Louisiana, Michigan, or Georgia, you will have to shell out more than $2,000 every year to insure a Mini Cooper. You will have to resort to some other tactics to marginally lower your premiums. You could invest in an anti-theft device for your car, talk to your insurance carrier about adding teens to your policy, and add frequent drivers to your policy.