Look to these vehicles for affordable insurance

When you're shopping for a pre-owned vehicle, it's pretty likely that you have a budget in mind. For example, after crunching the numbers, you might find that you have $350 a month available for a new vehicle. That's great! But don't forget to factor in insurance costs for that vehicle.

Every vehicle owner is required by law to have a minimum amount of liability insurance on their vehicles (or the means to provide a financial responsibility form). If you obtain a loan for your new vehicle, your lending institution will require you to have not only liability coverage, but also collision and comprehensive coverage, too (or what insurance companies call "full coverage"). With this in mind, your next question might be, "How do I know how much insurance will be on the vehicle I want?" You could fill out online quote request forms from the major insurance providers, but if you're uncomfortable sharing your info online, that might not be a great option for you.

Another option is to take a look at the data that Insure.com pulled together for consumers. They obtained quotes from 6 of the leading American insurers on hundreds of different vehicles. They compiled the data and then ranked the results to find out which vehicles were the most affordable to insure, and we're sharing them with you. Taking a look at this list may help you decide which type of vehicle you ultimately want to buy. Keep in mind that the type of vehicle you choose isn't the only factor that will affect your insurance rate. Insurance companies also factor in the driver's age, the number of miles they drive per week, their driving record, and their credit history along with several other factors. However, as a general rule, the following vehicles are the most affordable to insure (and of course, we have them in our inventory here at SVG Motors!):

1. Honda Odyssey LX

2016 Honda Odyssey EX-L    Price: $25,850.00
Bodystyle: Van Passenger Van Int. Color: Beige
Engine: V-6 cyl Odometer: 32447
Transmission: 6-Speed Automatic Stock #: 3980V
Ext. Color: Obsidian Blue Pearl Vin: 5FNRL5H65GB096241

2. Jeep Renegade

2017 Jeep Renegade Latitude 4x4    Price: $15,700.00
Bodystyle: SUV Int. Color: black
Engine: I-4 cyl Odometer: 52417
Transmission: 9-Speed 948TE Automatic Stock #: 4039V
Ext. Color: Hypergreen Clearcoat Vin: ZACCJBBBXHPF22466

3. Jeep Wrangler

2016 Jeep Wrangler JK Unlimited Sport 4X4    Price: $29,200.00
Bodystyle: SUV Int. Color: black
Engine: V-6 cyl Odometer: 16336
Transmission: 5-Speed Automatic Stock #: 4042V
Ext. Color: Black Clearcoat Vin: 1C4BJWDG4GL109585

4. Honda CR-V LX

2013 Honda CR-V EX-L AWD    Price: $16,500.00
Bodystyle: SUV Int. Color: Black
Engine: I-4 cyl Odometer: 52233
Transmission: 5-Speed Automatic Stock #: 3989V
Ext. Color: Kona Coffee Vin: 2HKRM4H74DH675251

5. Jeep Compass

2016 Jeep Compass Latitude 4x4    Price: $15,400.00
Bodystyle: SUV Int. Color: dark slate gray
Engine: I-4 cyl Odometer: 41034
Transmission: 6-Speed Automatic Stock #: 3910V
Ext. Color: Granite Crystal Vin: 1C4NJDEB1GD725176

6. Subaru Outback 2.5i

2016 Subaru Outback 2.5i Limited    Price: $22,800.00
Bodystyle: SUV Int. Color: warm ivory
Engine: H-4 cyl Odometer: 32583
Transmission: CVT Lineartronic Stock #: 4005V
Ext. Color: Tungsten Vin: 4S4BSBNC3G3340829

7. Jeep Cherokee Sport

2014 Jeep Cherokee Sport FWD    Price: $11,200.00
Bodystyle: SUV Int. Color: black
Engine: I-4 cyl Odometer: 80768
Transmission: 9-Speed 948TE Automatic Stock #: UU696
Ext. Color: Bright White Clearcoat Vin: 1C4PJLABXEW143586

8. Buick Encore

2016 Buick Encore Convenience    Price: $15,600.00
Bodystyle: SUV Int. Color: ebony
Engine: I-4 cyl Odometer: 13776
Transmission: 6-Speed Automatic Electronic with Overdrive Stock #: 3734V
Ext. Color: Quicksilver Metallic Vin: KL4CJBSB1GB548988

9. Jeep Patriot Sport

2016 Jeep Patriot Latitude    Price: $15,400.00
Bodystyle: SUV Int. Color: dark slate gray
Engine: I-4 cyl Odometer: 54177
Transmission: 6-Speed Automatic Stock #: 4035V
Ext. Color: Billet Silver Metallic Clearcoat Vin: 1C4NJRFB7GD654206

10. Subaru Forester 2.5i

2016 Subaru Forester 2.5i    Price: $18,200.00
Bodystyle: SUV Int. Color: black
Engine: H-4 cyl Odometer: 40113
Transmission: Lineartronic CVT Stock #: 3999V
Ext. Color: Ice Silver Metallic Vin: JF2SJABC1GH503309

Curious what the most expensive vehicle is to insure? Well, it's probably a Lamborghini or some other exotic hyper car. Insure.com didn't include exotic vehicles in their research. They did include higher-end luxury vehicles such as Mercedes and BMWs though. The "winner" of the most expensive car to insure was the Mercedes-AMG S65 convertible, which costs a whopping $319 a month in insurance on average! Whoa! 

For the budget-minded consumer who wants the best value for their money, their first stop should always be SVG Motors in Dayton. Not only will you get great, valuable benefits such as 3 years of free oil changes and one year of free paintless dent repair, you'll also get 7 days to love it or return it! For full details of all the wonderful benefits you get by shopping with SVG, click here. If you see a vehicle on this list that you're interested in, we encourage you to come in quickly; our inventory moves fast!