So you’ve gotten that big bonus, cashed in your 401(k), or won the lotto, and now you want to buy the car of your dreams. Great! There are so many incredible performance and luxury cars out there that you could fill your dream garage in an afternoon if you’re not careful.
But not so fast, because while the buy-in for your dream car is high, and you’ll probably get familiar with your local gas station attendant pretty quickly, there’s another cost out there that most people forget to consider when shopping for a new car: insurance.
Luckily, the cars with the priciest insurance premiums also happen to be reserved for some of the priciest on the road. Nonetheless, the figures are still striking, and on top of fuel and maintenance, there’s a good chance you’ll also be paying your insurance company enough money to buy a 10-year-old Corolla — and that’s if you don’t get into an accident or collect any speeding tickets.
Looking at 2,300 different models and comparing six different insurance companies, Insure.com fielded this list of 10 great, but fantastically expensive cars to insure. From “cheapest” to priciest, these are the 10 most expensive cars to insure in 2016.
10. Porsche 911 GT3 RS
For most gearheads, the $176K GT3 RS is the ultimate street-legal race car. Not only does it dominate the class it’s named for, but Porsche successfully sued Aston Martin to stop using the GT3 name on its road-going racers. Understandably, insurance companies are a bit nervous to cover these beasts, and as a result, owners pay an average $3,212 a year to keep their cars on the up-and-up.
9. Audi RS7 Quattro
Audi’s A7 is one of the prettiest sport sedans out there, but in RS trim, it becomes a 605-horsepower, all-wheel drive beast. In top performance spec, the RS7 will set you back a cool $129K. But if you’re in the market for one, be sure to budget an extra $3,229 a year for insurance.
8. Range Rover SV Autobiography Black LWB
We spent a week with the long-wheelbase Autobiography in January, and absolutely loved it. And who wouldn’t? Big, powerful, and good enough for the British Royal Family, Range-Rover’s flagship isn’t cheap — our tester rang in at $148,601. If you want one in your garage, it’ll cost you an average $3,245 a year to keep it insured.
7. BMW M6 Gran Coupe
BMW’s M6 Gran Coupe made a huge stir when it was released in 2014, acting as the lean, athletic counterpoint to the heavyweight bruiser that the M5 has become. Almost unanimously considered to be one of the best driver’s sedans on the planet, the $120K Gran Coupe will set you back an additional $3,309 a year to insure.
6. Nissan GT-R Nismo
The $150,000 GT-R Nismo is the stuff of dreams: a 600-horsepower twin-turbo V6, all-wheel drive, an aggressive aero kit, and a top speed of around 190 miles per hour. But as much as we love it, all that power falling into the wrong hands could be a nightmare for insurance companies. Be prepared to spend $3,476 a year for coverage. Hopefully the refreshed 2017 model won’t cost you much more.
5. Porsche Panamera S Executive
Love or hate its styling, it’s hard not to be impressed with Porsche’s 420-horsepower, 177-mile-per-hour luxury sedan. In S Executive trim, the $125,600 car can run with the world’s best luxury flagships while still offering a pure Porsche driving experience. If you’re fixing to own one, be prepared to shell out $3,484 a year to your insurance company for the privilege.
4. Mercedes S63 AMG 4Matic
The Mercedes S-Class has long been the standard by which all other luxury sedans have been judged, and after AMG has its way with it, the big car becomes the AMG 4Matic, a 577-horsepower, twin-turbo, all-wheel drive beast that takes its occupants from zero to 60 in 3.7 seconds. Neither luxury cars or performance cars are cheap to insure, and since the $143K S63 is both, it’ll cost you $3,513 a year to insure.
3. Mercedes S600 Biturbo
The S63 is a real tire-roaster with its twin-turbo V8, but for some Mercedes fans, an S-Class is nothing unless its powered by a mighty V12 engine. With a 6.0-liter, 523-horsepower twin-turbo V12, the $170K S600 is the range-topping S-Class before you hit the Maybach line. But for all that power and luxury, you’ll also have to shell out $3,539 to your insurance every year.
2. Mercedes SL65 AMG
While it’s often overshadowed by the Mercedes-AMG GTS, the $220,000 SL65 is a 621-horsepower V12-powered grand tourer that can roast some of the world’s most formidable supercars. The downside? It’ll cost you $3,797 a year to insure.
1. Dodge Viper SRT
There may be more powerful cars out there, but the 600-horsepower, 200-plus mile per hour Dodge Viper is the most visceral, all-American performance car money can buy. It also has a 25-year reputation of sending inexperienced drivers hurtling backwards into trees if it’s not treated with respect. As a result, the $87K Viper is the most expensive car in the U.S. to insure, setting owners back an average $4,048 a year.
Check out Autos Cheat Sheet on Facebook