WRX Insurance Survey

[Shane White]

I am wondering what others in Australia are paying for their Subaru
WRX insurance premiums. I would only like to hear from those on rating
1 or 2 please. I was qouted $1600p.a., having been on rating 1 for 1
year. Obviously the premium amount depends on the location of your
home and work, but I would like to get a general idea of how expensive
these cars are to insure now that the later models include more
anti-theft measures than the earlier models. I remember Subaru
Australia offering an insurance subsidy of $2000 at one stage I think.
Oh boy, $1600 per annum, on top of the cost of repaying the car loan
and on top of actually running the vehicle. It's a bit of a big ask,
especially when the 2.0GT Turbo Liberty insurance premium was qouted
at $670. Pity it's only offered as an automatic at the moment.

Thanks,
Shane.

 

[Michael Culley]

I'm paying a bit over $2000 for a 1994 rx7 on rating 1 for many years, excess is $500 and roadside assist is included.

You need to consider more than just the price. I was paying $1500 last year with just cars insurance but the excess was $1500 and
the accident repairs are dodgy at best. Your age and whether the vehicle is modified are big considerations. I could get insurance
for $700 if it was standard.

Oh boy, $1600 per annum, on top of the cost of repaying the car loan
and on top of actually running the vehicle.

Can you really afford this vehicle?

 

[Livewire]

I'm paying a bit over $2000 for a 1994 rx7 on rating 1 for many years,
excess is $500 and roadside assist is included.

You need to consider more than just the price. I was paying $1500 last
year with just cars insurance but the excess was $1500 and the
accident repairs are dodgy at best. Your age and whether the vehicle
is modified are big considerations. I could get insurance for $700 if
it was standard.


Can you really afford this vehicle?

Probably not, but the Insurance company would like him.

 

[Miro]

I am wondering what others in Australia are paying for their Subaru
WRX insurance premiums. I would only like to hear from those on rating
1 or 2 please. I was qouted $1600p.a., having been on rating 1 for 1
year. Obviously the premium amount depends on the location of your
home and work, but I would like to get a general idea of how expensive
these cars are to insure now that the later models include more
anti-theft measures than the earlier models. I remember Subaru
Australia offering an insurance subsidy of $2000 at one stage I think.
Oh boy, $1600 per annum, on top of the cost of repaying the car loan
and on top of actually running the vehicle. It's a bit of a big ask,
especially when the 2.0GT Turbo Liberty insurance premium was qouted
at $670. Pity it's only offered as an automatic at the moment.

Thanks,

The Benz E55 is an automatic. I think it has slightly more power than a WRX.

 

[ricardox]

Subarus are pretty cheap to insure, especially the wagons. The WRX wagon,
for example, still rates as a "station wagon" so the rates are much lower
than the WRX sedan. I was quoted ~ US $1200 annually in California. That's
for 25/50/25 coverage with State Farm.

 

[Tony Lai]

I'm paying a bit over $2000 for a 1994 rx7 on rating 1 for many years, excess is $500 and roadside assist is included.

You need to consider more than just the price. I was paying $1500 last year with just cars insurance but the excess was $1500 and
the accident repairs are dodgy at best. Your age and whether the vehicle is modified are big considerations. I could get insurance
for $700 if it was standard.


Can you really afford this vehicle?

The attitude is strange.

Insurance is a fact of life. You'll be paying a comparable amount for
many types of cars. I'm guessing an XR6 non turbo Falcon would attract
similar rates in some parts of Sydney.

You weren't actually thinking that insurance is not a necessity?

T.

 

[Michael Culley]

You weren't actually thinking that insurance is not a necessity?

I think you have misread my post. From the sound of it Shane might have stretched himself too far buying a wrx if he is having
trouble paying for insurance. Seems everyone is doing it these days.

 

[Andrew Morris]

if the WRX is going to cost you more than you can afford for insurance, why
not look at the Forester XT... Similar performer to the WRX, and will cost
you around $700 a year for insurance, at rating 1...

 

[Charlie]

if the WRX is going to cost you more than you can afford for insurance, why
not look at the Forester XT... Similar performer to the WRX, and will cost
you around $700 a year for insurance, at rating 1...

similar performance? in a straight line maybe...

Charlie

 

[Alias]

Im with Wesfarmers paying $1200 on a rating 1 in inner Melb..

 

[Charles]

~$1000, RAA, rating one, Adelaide
MY03 WRX wagon

Charlie

 

[Andrew Morris]

upgrade the sway bars, and it'll out corner a stock WRX too...

 

[reg-john]

what if you upgrade the swaybars in a rex as well?

 

[Charlie]

upgrade the sway bars, and it'll out corner a stock WRX too...

gah bollocks me thinks.

Charlie

 

[Greg Stewart]

if the WRX is going to cost you more than you can afford for insurance, why
not look at the Forester XT... Similar performer to the WRX, and will cost
you around $700 a year for insurance, at rating 1...

Similar performance??.. how about on a bitumen road rather than a rough dirt
track?

 

[Michael Culley]

Isn't the forester slower than the wrx?

 

[Livewire]

According to Subaru.com.au

Forester 2.5XT Manual
Max. output (DIN) kW/rpm 155/5600
Max. torque (DIN) Nm/rpm 320/3600
Max. speed (in top gear) km/h 210
0-100 Km/h secs 6.4
Fuel Consumption (ADR81/01) 11.2

WRX Manual
Max. output (DIN) kW/rpm 168/6000
Max. torque (DIN) Nm/rpm 300/3600
Max. speed (in top gear) km/h 228
0-100 Km/h secs 5.7
L/100km (AS2877) combined 9.6

 

[Charlie]

Isn't the forester slower than the wrx?

I'm 'guessing' Andrew owns a forester...

Charlie

 

[Shane White]

Thanks for the qoutes. As for the comments on whether I can afford
this vehicle - never mind, I think I can figure that one out myself!
Just wondering what others out there "tolerate".

Shane.

 

[WRXtreme]

Subarus are pretty cheap to insure, especially the wagons. The WRX wagon,
for example, still rates as a "station wagon" so the rates are much lower
than the WRX sedan. I was quoted ~ US $1200 annually in California. That's
for 25/50/25 coverage with State Farm.

You have to remember that not all things equate out in Australia the way
they do here in the states. Heck, even from state to state here there is a
HUGE difference in rates. I live in ND, I also have state farm on my MY02
WRX Sedan and I pay $45/month for coverage with a $100 deductible ($0 on
glass). Also I should note my driving record is anything but clean, 3
tickets going in excess of 15MPH over the posted limit in past 2 years. My
Subie was also rear ended last winter which raised my premium by $2/month