Hello I am looking into getting an rx8 it would be my first rotary experience and I'm willing to put all the time and money into the beautiful machine that is the rx8, given that it costs more to maintain than your standard sports car I am looking at insurance rates as the most likely way of cutting costs. I am 20 and have 2 auto accidents on my record and I also have a speeding ticket. With that said what would I be expected to dig out per month on insurance?

Thank you

 

Almost no one can offer you advice in terms of this. It's all different depending on where you live, which insurance company you use, your coverage, etc. Too many variables for anyone to give out any valuable advice.

The general idea is that since RX-8 has 4 doors, it can be cheaper to insure than most 2-door Coupes. You have to go to insurance companies and ask for quotes to find out yourself.

 

Thank you UnknownJinX I don't know where to start on finding the information on everything minus maintenance costs and general tips on ownership of the car

 

Go out and get some quotes, it will give you an idea of what is realistic. There aren't too many 20 y/o owners round here, very unlikely any are in your area

 

Well, I am in that age group.

Problem is, I live in BC, Canada, where insurance works quite differently(mandatory insurance from the provincial insurance company ICBC, and then optional insurance from 3rd parties).

I have also no accidents or tickets. Actually have a 5% discount for not having an accident for a year.

Just for reference, I spent ~CAN$2300 for annual insurance on my RX-8. This is just with the CAN$2000000 liability, CAN$500 deductible collision, CAN$300 deductible comprehensive and CAN$200 deductible windshield(with free chip repairs) insurance, leisure use only. My old Accord(a sporty FWD Coupe) cost ~CAN$2100 to have the same policy. This probably won't be what you get, though.

 

Update: insurance for my current Mazda 3 is way more than insurance would be for an rx8

 

Take driving records out of it. On paper it's a 4 door 1.3 liter.

It's cheap

 

Again, differs from place to place.

Mine cost just a bit more to insure than a 2-door 3.5 L FWD.

 

My insureance
I Have also 2 accedents amd an lot of spending fines/aressts
my bike R485 pm. Honda CBR600RR 2007 (+-$30)
my car R970 pm. Mazda RX8 2005 (+-$61)
my sisters car R 460 pm citroen c2 vts 2005 (+-$28)

all depends on the country and market value of the car