Average Ford Mustang insurance costs
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
Other factors that can affect your car insurance rate
- The Ford Mustang’s model year
- The colour of the vehicle
- The amount of coverage you need
- The estimated kilometres you drive in a year
- The vehicle’s safety and anti-theft features
- The driver’s location
- The driver’s age
- The driver’s driving history in the past five years
- The driver’s marital status
- The driver’s gender
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.
Why you can trust Finder's car insurance experts
You pay the same as buying directly from the car insurer. Better still, we regularly run exclusive deals that you won't find on any other site – plus, our tables make it easy to compare policies.
Unlike other comparison sites, we're not owned by an insurer. That means our opinions are our own and we work with lots of car insurance brands, making it easier for you to find a good deal.
Since 2014, we've helped 300,000+ people find car insurance by explaining your cover options, simply and clearly. We'll never ask for your number or email. We're here to help you make a decision.
We're here to help
More guides on Finder
Not at fault car accident
What you need to know about insurance if you’re involved in a car accident that wasn’t your fault.
Do I need car insurance in Australia?
Yes, you need car insurance to protect you from expensive bills following an accident.
Allianz vs AAMI car insurance
Allianz vs AAMI – compare policies side by side and see who has what matters to you.
How long after a car accident can you claim?
Find out how long you have to file your car insurance claim.
Choice of repairer car insurance
Not sure if you should go with your own repairer or your insurer's favourite? Learn the pros and cons of each here.
Compare Car Insurance NSW
Your guide to getting car insurance in NSW.
Short term car insurance Australia
Find out what short term car insurance options are available in Australia.
Car insurance cover notes explained
Car insurance cover notes are no longer available in Australia. Read on to learn why and what your alternatives are.
Car insurance for P-platers
Find affordable and comprehensive car insurance for P-platers with this handy guide.
How much is car insurance?
How much does car insurance cost and what factors affect your premium? Your comprehensive guide here.
Ask an Expert