Key conclusions:
- Around $1,598 per year, or $133 per month, is required for full coverage.
- Cost of a liability-only policy is around $641 per year, or $53 per month.
- Teenage drivers pay the highest rates, which average $5,841 per year or $487 per month.
- By obtaining policy reductions, good drivers can save as much as $659 each year.
- Compared to the average vehicle, Mitsubishi Lancer Evolution insurance costs about $79 more annually.
The insurance for a Mitsubishi Lancer Evolution costs around $79 more year than the average car, or $133 more per month, for full coverage. An older Mitsubishi Lancer Evolution driver may desire liability-only coverage, which costs, on average, $641 annually or $53 monthly. Let’s investigate insurance costs for the Mitsubishi Lancer Evolution, insurance loss trends, and more.
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In This Article...
Is a Mitsubishi’s insurance pricey?
Mitsubishi, which has a long history dating back to the 1800s, is somewhat akin to the Ford Motor Company of Japan. Although the brand didn’t exist in the United States until the 1980s, throughout that time it has managed to carve out a respectable niche for itself. The automaker’s automobiles have good fusions of performance and style, and their price tags aren’t overly high. They frequently experience a surge in popularity during difficult economic times. While buying one brand-new won’t cost you much, protecting it can cost more than you’d anticipate. The brand’s vehicles aren’t among the most expensive to insure, but they aren’t particularly expensive either. On a list of 36 automobiles, the average yearly cost of insurance for a Mitsubishi is $1,556.32, and the brand is ranked 22nd. Find out some of the key causes of the cost to protect one below.
How much does a Huracan Evo’s insurance cost?
A Lamborghini Huracan’s annual auto insurance premium will be around $4,910. This is $3,016 over the national average for high-end exotic cars.
How much does Evo 10 insurance cost?
The average annual cost of Mitsubishi Evo X insurance is $1598, or $133 per month. A liability-only policy will cost you $641 annually.
The highest insurance premiums for teen drivers can reach $487 per month, or $5841 per year. If you receive policy discounts and are a safe driver, you might save almost $700.
Drivers of Evo X vehicles pay about $80 more yearly than those who drive typical cars. The extra expense is divided down into:
Completing: $326
An older model, such as one made in 2010, will cost you an average of $1336 every year. This costs about $150 more yearly than a Miata insurance policy.
How much does a Bugatti cost to insure?
Those who purchase a Bugatti Chiron Sport “110 Ans most certainly has more than enough cash to cover the cost of the hypercar’s insurance. They might not have known, though, that it would cost $50,000 year. Yes, the insurance on the limited-edition Chiron Sport costs that much. ValuePenguin estimates the car’s annual insurance cost to be $50,000.
Fair enough, though, the Bugatti Chiron Sport “A 110 Ans is a pricey automobile. Although some sellers are charging considerably more than that, the MSRP is almost $3.2 million. According to Carscoops, a build slot costs $4.5 million at one dealer in Munich, Germany.
You presumably aren’t too concerned about the $50,000 in insurance premiums each year if you’re spending that much on a new Bugatti. However, $50,000 a year sounds utterly absurd if you’re not used to spending millions of dollars on an automobile.
A 30-year-old male residing in New York City who wants full coverage on the car was used to determine the insurance. It seems to reason that, depending on the person’s location and information, the $50,000 yearly cost might be waived. Considering that, it’s unlikely to significantly reduce the cost. I hope you’ll be able to pay your insurance if you have your heart set on the new Bugatti.
What is the monthly cost of Lamborghini insurance?
Be prepared to spend more for comprehensive and collision coverage as Lamborghinis typically require more than just liability protection. A Lamborghini’s annual insurance expenses typically range from $10,000 to $30,000, or $833 to $2,500 per month.
STI or Evo, which is quicker?
The 122 horsepower per liter of the Evo significantly outperforms the 102 horsepower per liter of the STI. But it’s not that easy either, as weight to power is another crucial ratio to look at. The STI outperforms the Evo by at least 1.2 pounds per horsepower, regardless of how the measurement is done (from the crankshaft or the wheels).
Are evos pricey?
Some vendors are demanding high prices for specific Evolution models with extremely little mileage, with some professionally modified or exceptionally clean specimens being listed for more than $50,000. However, it’s not unusual to see prices exceeding $30,000 even when looking at pretty typical 2006 and 2007 versions.
Are evos trustworthy?
Although it was outlived by the Subaru WRX, the Mitsubishi Lancer Evo continues to be popular. Additionally, there is a rising demand for the types that the US was unable to obtain. Unsurprisingly, the all-wheel-drive sports sedan with rally-inspired styling maintains its value well. That is most likely a result of the decreasing availability of instances free of Fast and Furious-inspired alterations. A Mitsubishi Lancer Evo, though, may be a surprisingly dependable performance vehicle if you take good care of it.