We collected car insurance quotes and the time it takes to go from 0 to 60 mph for 24 different vehicles to see which fast cars had the most affordable car insurance. Overall, the 2013 Chevrolet Corvette Z06 ranked as the cheapest sports car to insure, with an annual cost of $2,259 for our 40-year-old male profile driver. The Corvette was also the cheapest performance car to insure for young drivers.
- Cheapest Fast Cars to Insure
- Cheapest Fast Cars to Insure for Young Drivers
- Most Affordable Sports Cars
- Why is Insurance More Expensive for Sports Cars?
Fast Cars With the Cheapest Insurance
The 2013 Chevrolet Corvette Z06 is the best fast car with cheap insurance, when you factor in its low rate for coverage and blistering speed. This Corvette not only features a 0-60 time well under 4 seconds, but also has the lowest insurance quotes—with car insurance costs nearly 40% less than the average across the fast cars we surveyed.
|Rank||Vehicle||0-60 Time (s)||Annual Insurance Cost||Composite Score|
|1||2013 Chevrolet Corvette Z06||3.32||$2,259||96|
|2||2013 Chevrolet Camaro ZL1||3.64||$2,784||89|
|3||2013 Cadillac CTS-V||3.82||$3,211||76|
|4||2014 Ford Mustang Shelby GT500||3.13||$3,543||74|
|5||2013 Audi TT||4.23||$3,103||67|
|6||2013 Nissan 370Z NISMO||4.54||$3,017||54|
|7||2013 Mercedes-Benz SLK55 AMG||4.52||$3,369||50|
|8||2013 Dodge SRT Viper||2.90||$5,436||50|
|9||2015 Porsche Cayman S||4.33||$3,465||50|
|10||2015 Dodge Challenger SRT Hellcat||3.32||$4,680||48|
|11||2013 BMW 135is||4.89||$2,851||48|
|12||2013 Infiniti IPL G Coupe||4.95||$3,007||44|
|13 (tie)||2013 Porsche 911 Carrera S||4.23||$3,897||43|
|13 (tie)||2015 BMW M4||4.09||$4,311||43|
|13 (tie)||2015 Lexus RC F||4.15||$4,110||43|
|16||2016 BMW M2||4.51||$3,756||41|
|17 (tie)||2013 BMW M3||4.33||$3,900||39|
|17 (tie)||2014 Jaguar XK Touring||4.37||$3,846||39|
|19||2015 Audi RS 5 quattro||4.13||$4,485||39|
|20||2013 Mercedes-Benz C 63 AMG||3.91||$5,142||39|
|21||2013 Audi S5 Premium Plus quattro||4.80||$3,456||37|
|22||2013 Mercedes-Benz E 550||4.82||$3,393||37|
|23||2014 Hyundai Genesis Coupe||4.72||$3,813||33|
|24||2013 BMW 6 Series 650i xDrive Coupe||4.77||$4,173||20|
If you are looking for fast cars with cheap insurance, high-powered domestic cars—such as the Chevy Camaro, Cadillac CTS-V, Ford Mustang or aforementioned Chevy Corvette—are the perfect intersection of speed and affordable insurance. The American-made cars not only feature more affordable insurance rates than the foreign cars we surveyed, but also have an average 0-60 time of 3.4 seconds. This is more than one second faster than the average for the European- and Asian-made cars we surveyed.
|Vehicle Type||Average 0-60 Time||Average Annual Insurance Cost|
Fast Cars with Cheap Insurance for Young Drivers
Like for our 40-year-old profile male driver, the sports car with the cheapest insurance for young drivers is the 2013 Chevrolet Corvette Z06.. This vehicle’s annual insurance costs for our 25-year-old male profile driver is $2,808, which is 38% cheaper than the $4,531 mean across all of the vehicles we surveyed. Additionally, the Corvette’s rates were $617 less per year than the next cheapest sports car to insure: the 2013 Chevy Camaro ZL1.
Another notable sports car with cheap insurance for young drivers is the 2013 Nissan 370Z NISMO. Though the Nissan 370Z NISMO doesn’t have the same straight line speed and is more expensive to insure than the Corvette and Camaro, it is one of the most affordable fast cars we considered. The Nissan’s market value of $21,079, makes it the third cheapest sports car we considered in our study.
|Rank||Vehicle||0-60 Time (s)||Annual Insurance Cost||Composite Score|
|1||2013 Chevrolet Corvette Z06||3.32||$2,808||96|
|2||2013 Chevrolet Camaro ZL1||3.64||$3,425||89|
|3||2013 Cadillac CTS-V||3.82||$4,020||76|
|4||2014 Ford Mustang Shelby GT500||3.13||$4,368||72|
|5||2013 Audi TT||4.23||$3,900||70|
|6||2013 Nissan 370Z NISMO||4.54||$3,703||59|
|7||2013 BMW M3||4.33||$4,074||57|
|8||2013 Dodge SRT Viper||2.90||$6,942||50|
|9||2015 Porsche Cayman S||4.33||$4,311||48|
|10||2015 Dodge Challenger SRT Hellcat||3.32||$5,852||46|
|11||2013 Mercedes-Benz SLK55 AMG||4.52||$4,110||46|
|12 (tie)||2013 Infiniti IPL G Coupe||4.95||$3,756||43|
|12 (tie)||2015 Audi RS 5 quattro||4.13||$5,117||43|
|12 (tie)||2015 BMW M4||4.09||$5,331||43|
|12 (tie)||2015 Lexus RC F||4.15||$5,073||43|
|16||2013 Mercedes-Benz C 63 AMG||3.91||$5,370||43|
|17 (tie)||2013 Audi S5 Premium Plus quattro||4.80||$4,037||41|
|17 (tie)||2013 BMW 135is||4.89||$3,922||41|
|19||2013 Porsche 911 Carrera S||4.23||$4,875||41|
|20||2016 BMW M2||4.51||$4,569||39|
|21||2014 Jaguar XK Touring||4.37||$4,782||37|
|22||2013 Mercedes-Benz E 550||4.82||$4,194||33|
|23||2014 Hyundai Genesis Coupe||4.72||$4,635||30|
|24||2013 BMW 6 Series 650i xDrive Coupe||4.77||$5,559||13|
Most Affordable Sports Cars
We found the most affordable fast car for our 40-year-old male profile driver to be the 2013 Chevrolet Camaro ZL1. This vehicle performed well compared to the other sports cars we surveyed—ranking in the top 10 in each category: 0-60 time, car cost and annual insurance rate. With a market value of $26,631—22% less than the $34,081 average across the vehicles we sampled—the 2013 Chevy Camaro is one of the fastest cheap cars.
The 2014 Hyundai Genesis Coupe was the cheapest sports car included in our survey. This car can be bought for around $17,023, which is more than 50% less than the $34,081 average cost across the cars we considered. Just because the Hyundai is one of the cheapest sports cars we considered doesn’t mean it’s not fast. The Genesis boasts a 0-60 time of 4.74 seconds and is capable of producing more than 300 horsepower.
|Rank||Vehicle||0-60 Time (s)||Annual Insurance Cost||Vehicle Cost||Composite Score|
|1||2013 Chevrolet Camaro ZL1||3.64||$2,784||$26,631||82|
|2||2013 Nissan 370Z NISMO||4.54||$3,017||$21,079||73|
|3||2013 Chevrolet Corvette Z06||3.32||$2,259||$37,044||70|
|4||2013 Audi TT||4.23||$3,103||$28,028||69|
|5||2013 BMW 135is||4.89||$2,851||$21,192||67|
|6||2013 BMW M3||4.33||$3,900||$18,963||67|
|7||2014 Hyundai Genesis Coupe||4.72||$3,813||$17,023||66|
|8||2013 Cadillac CTS-V||3.82||$3,211||$30,975||66|
|9||2014 Ford Mustang Shelby GT500||3.13||$3,543||$31,963||63|
|10||2013 Infiniti IPL G Coupe||4.95||$3,007||$25,088||63|
|11||2013 Audi S5 Premium Plus quattro||4.80||$3,456||$25,627||58|
|12||2013 Mercedes-Benz E 550||4.82||$3,393||$28,400||51|
|13||2013 Mercedes-Benz C 63 AMG||3.91||$5,142||$30,541||50|
|14||2013 Mercedes-Benz SLK55 AMG||4.52||$3,369||$33,315||49|
|15||2015 Dodge Challenger SRT Hellcat||3.32||$4,680||$40,223||43|
|16||2013 Porsche 911 Carrera S||4.23||$3,897||$40,229||39|
|17||2016 BMW M2||4.51||$3,756||$41,877||36|
|18||2015 Porsche Cayman S||4.33||$3,465||$44,022||36|
|19||2015 Lexus RC F||4.15||$4,110||$43,056||35|
|20||2015 BMW M4||4.09||$4,311||$44,298||30|
|21||2013 Dodge SRT Viper||2.90||$5,436||$47,723||27|
|22||2014 Jaguar XK Touring||4.37||$3,846||$45,820||26|
|23||2015 Audi RS 5 quattro||4.13||$4,485||$48,921||20|
|24||2013 BMW 6 Series 650i xDrive Coupe||4.77||$4,173||$45,913||14|
Why is Insurance More Expensive for Sports Cars?
Performance cars, such as the ones listed above, often have high insurance rates because they are more likely to get in an accident that results in an insurance claim than other vehicles. Additionally, they tend to be more expensive to repair. When setting rates, insurers consider how often car owners of a particular make and model file a claim. Since sports cars are capable of reaching high speeds and are more likely to be driven irresponsibly, they are more often involved in accidents.
For example—of the vehicles we sampled—those reported as having a 0-60 time of less than 3.5 seconds were 16% more expensive to insure. Because insurance costs are often so high for these vehicles, the best way you can get the cheapest insurance for sports cars is to compare rates from multiple insurance companies.
Another reason fast cars are often associated with high insurance costs is that they are—especially in the case of the European sports cars—expensive to repair and replace. We found that the cheapest performance cars, with values between $15,000 and $25,000, had annual insurance costs 16% lower than the most expensive vehicles we surveyed—with values more than $35,000.
Vehicle specs—such as 0-60 times and car price—were gathered from CarSpecs.US. Our study included coupes and convertibles with model years between 2013 and 2018, 0-60 times less than 5 seconds and prices of $50,000 or less. For vehicles with multiple model years and trims that met this criteria, the specific car with the fastest 0-60 time was chosen. Insurance costs represent the cost of full coverage insurance policy for a male driver living in Chicago.
To calculate composite scores for the cheapest fast cars to insure and most affordable sports cars, we considered the following factors: 0-60 times, annual insurance costs and vehicle cost (only for the most affordable sports cars score).