Quote:
Originally Posted by MelbourneFinn
I think Australia needs more competition on insurance market... I’m paying appr. $3k USD per year for a 2017 M6 GC (comprehensive) - and this is the cheapest by a margin you can find. How does this compare to NZ? Fair enough, car prices are significantly higher than in the US - a really “good deal” low mileage M6 GC would be in the range of $120-130k USD (MSRP when new was appr. $240k +4% on road costs USD)... But still, I don’t think the insurance cost should be 3 times higher than what you guys are paying...
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I pay $2200 a year for full cover. Note that even though my car was 18 months old and done 7000km it was only $138k so of course is insured for that much. Your car is probably insured for more. New the RRP was $285k but over here there are massive discounts on the M6, most are sold at about $220-240k