The Dodge Charger was launched in 1960s. Over the years, the car has received several makeovers – the engine has become more powerful, the exteriors as well as the interiors were worked on. The present Dodge Charger, which was introduced to the U.S. market in 2006, is a four-door sedan.
When you are buying a used Charger, you have to also consider the cost of the first year of insurance, which can be steep in certain areas. The cost of insuring the Charger depends on factors such as the auto insurance laws of the state, the density of population, and the number of accidents in the state.
The table below shows the median price of the Charger in five states, its annual insurance average and its insurance percentage, i.e., the percentage of the median price spent on insurance.
|State||Insurance Average ($)||Median Price ($)||Insurance Percentage (%)||Estimated total cost of purchase including the cost of insurance for a year ($)|
The table makes it clear that insuring the Charger is the most expensive in Connecticut, where the annual average insurance rate is above $2,000. However, this does not mean that it is the most expensive in Connecticut. If you consider both the median price and the insurance costs, the Charger is surprisingly the most expensive in Maine.
The Charger is the cheapest in Massachusetts, where the median price of the car is $15,988. Even if you consider the total cost of purchase including insurance costs, Massachusetts tops the list being the only state where the Charger is available for less than $18,000.
If you live in Maine, New Hampshire, or New York, you might want to consider buying the Charger from Massachusetts and getting it shipped back home. You could end up saving thousands of dollars on your upfront costs.