Ford Mustang insurance rates
Shedding light on car insurance prices
Average Ford Mustang insurance rates
The average comprehensive insurance policy for a Ford Mustang is $156 a month, or $1,644 a year. Your actual cost could be higher or lower depending on your driving record, the number of kilometres you drive in a year and other factors. To determine our estimated cost, we aggregated quotes from 5 insurance companies using this profile:
- 2017 Ford Mustang
- More than 30,000 kilometres driven yearly
- No accidents in the past five years
- Driver located in Sydney
- Car parked in garage at night
- Black vehicle
About the Ford Mustang
The Ford Mustang has been around since 1965 and is currently in its sixth generation. The sports car provides a range of strong engines and is known for its comfortable ride, luxurious cabin and sleek appearance. Until 2015, all Australian Mustangs were originally built as left-hand drives and later converted to right-hand steering. Shortly before the similar Ford Falcon went out of production in Australia in 2016, Ford started building right-handed Mustangs for the Australian market. Insurance companies determine the insurance cost for a Ford Mustang based on safety ratings, theft rates, replacement costs and overall damage susceptibility. Insurance rates can change based on a driver's history and location. Ford shoppers should grab quotes from several insurance companies to find the lowest premium possible before they commit. Ford Mustang shoppers should also do their research and see if they qualify for insurance discounts with each insurance company.
Random Ford Facts
- Ford was founded in 1903. The first model was sold that same year for $850.
- Ford is the fifth largest automotive company in the world.
- A descendant of Henry Ford is currently the executive chairman of Ford.
- The Australian Ford Falcon (now retired) and the Ford Mustang were both based off an older model of vehicle, also called the Ford Falcon.
- Ford was the sixth highest selling automotive brand in Australia in 2017, with 78,161 cars sold.
How does the Ford Mustang compare?
Various 2017 Ford models range in price from $11,110 to $75,570. The 2017 Mustang sits at the higher end of that with a base price of $42,888 up to $66,110. With the average insurance rate at $1,644 per year, the annual insurance cost–to–base car price ratio is 3.8%.
How safe is the Ford Mustang?
The Ford Mustang received a 2-Star overall safety rating from the Australasian New Car Assessment Program (ANCAP). While it received a perfect score of 8 out of 8 for its side impact crash test and a good 6.91 out of 8 for its frontal offset crash test, it was penalised for its low scores regarding child occupant protection, pedestrian protection and safety assist. The Ford Mustang has side airbags and a driver knee airbag to protect the passengers during collisions. The latest model also features anti-lock brakes and rollover sensor to provide more safety for the passengers.
Alexandra Koster
Alexandra Koster is Finder's Publisher for car, home and pet insurance. Her hobbies include reading product disclosure statements and deciphering complicated insurance lingo to help people save on their insurance so that they can spend their money on better things – like dogs. She graduated from the University of Sydney with a Bachelor of Arts in Film and Cultural Studies.
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