Car insurance. It’s a vital part of owning a car. It can also be a source of headaches for many drivers, as it can form a fairly significant cost of car ownership.
But it need not always be that way. Do the right research, and you can actually get a good deal on your car insurance here in Singapore. Of course, car insurance rates may vary based on the driver’s experience and track record, but here are the cheapest everyday cars to insure with Budget Direct Insurance.
The profile of the driver used is that of a 45 year-old married male, holding a valid driving licence for more than five years and with a 50% No Claim Discount. Premiums are based on Comprehensive plan for a silver-coloured model first registered in 2019 without any optional covers and under the Named Driver plan. Premiums shown are indicative. Actual premiums may vary based on various factors.
Premiums are correct as at 19 July 2020.
10. Hyundai Elantra. Car insurance quote $450.10
If you’re looking to get maximum bang for your buck, look no further than the Hyundai Elantra. For not a lot of money, you get plenty of car, and the Elantra is filled to the brim with features that you’ll find on more expensive premium cars. Absolutely the ideal car for those looking to pamper their family without creating a big hole in their wallets.
9. Toyota Vios. Car insurance quote $433.44
The Corolla Altis’ smaller cousin, meanwhile, tends to attract those of a younger persuasion, hence the slightly higher premiums. That’s not to discredit the Vios however; it remains an attractive proposition, offering great value in an affordable package. It is, in essence, a Corolla Altis Junior, offering most of the qualities of its bigger sibling at a slightly lower purchase price.
8. Kia Cerato. Car insurance quote $433.44
More evidence that Korean cars offer the best value these days, the Kia Cerato offers plenty of car for your money. For the price of a small car, you get a decently-equipped family sedan packed with plenty of features that come in more expensive premium cars. You’ll also get plenty of space for you and your family, and an efficient car that’s easy to drive and maintain.
7. Toyota Corolla Altis. Car insurance quote $427.13
The family man’s favourite, the Corolla Altis’ relatively reasonable premiums can probably be explained by the clientele it attracts. Most Corolla Altis drivers are likely to be middle-aged men with a stable career and family, who therefore tend not to take unnecessary risks and generally takes good care of their cars. If there’s one car that epitomises ‘safe and secure’, the Corolla Altis is probably it.
6. Suzuki Swift. Car insurance quote $420.05
A favourite for many, the Suzuki Swift’s huge popularity can be explained by its simplicity, as well as its personality. The Swift is bursting with character, and it loved by both beginners and enthusiasts alike. Easy to drive, easy to maintain with low running costs, and yet plenty of fun to drive, the Swift makes for an ideal first car, or those simply looking for some affordable driving enjoyment.
5. Mazda 2. Car insurance quote $419.03
Driving a small hatchback need not mean giving up on quality and enjoyment, and the Mazda 2 proves that point very well. Despite its compact size and reasonable price tag, the Mazda 2 is one of the most enjoyable hatchbacks to drive on the market. It also offers a well-built interior and innovative tech that sets it apart from its rivals in the market.
4. Hyundai Accent. Car insurance quote $404.41
Korean cars used to mean cheap and nasty quality everywhere, but those days are long gone now. The Accent is Hyundai’s budget offering, and despite its affordability, offers so much more than its predecessors of yore. Economical, well-equipped and spacious, the Accent offers excellent value for those who can see past the badge and recognise the car as a decent product for those shopping on a shoestring.
3. Mitsubishi Attrage. Car insurance quote $374.82
If you absolutely need a sedan, the most affordable choice out there is the Mitsubishi Attrage. Literally the definition of back to basics motoring, the Attrage offers you all the necessary convenience you need from a car, and nothing else in excess. If all you really need out of a car is reliability and simplicity, this is absolutely the car to go for.
2. Nissan Note. Car insurance quote $360.89
For something a little bit different, you may want to consider the Nissan Note. It is also a compact hatchback, but its tall design brings a unique versatility to the mix, allowing it to accommodate taller objects or passengers in its cavernous interior. Like many similar compact hatchbacks, the Note is easy to drive and frugal on fuel, perfect for the beginner driver on a budget.
1. Nissan March (USED). Car insurance quote $346.41
Cars at this end of the price range tend to appeal to a younger audience, who may only require a smaller car to fit their needs and budgets. The Nissan March is a neat little runabout that is well-equipped, nice to drive, and economical. It is especially popular with the feminine set thanks to its soft curvy looks and thoughtful interior that is designed to be very practical for accommodating people and things.
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