Posted on January 22, 2010.
Average price of used cars in Canada and insurance for them? We are in Canada and I was wondering what are the prices of used cars (10 years) and which is about the cost of insurance.
It depends on what city.
You may get a car 10 years for about $ 5000-7000.
Insurance is expensive, but it varies depending on many factors such as your driving history, if you are licensed in Canada or the U.S. and for how long, type of car, if you want full coverage or not if you have a driving course if you are a new driver in Canada, etc. etc.
On average you can expect to pay between 150-300 per month on insurance. (Once you get your car call many insurance brokers different in your area - prices can vary from a huge amount!)
Each region, insurance costs are different. Keep in mind that in the Toronto area is the most expensive for car insurance. Because it has the most population.
The cars are old, 10 years are not expensive. Cars cost Japan around 7000 CDN dollars. You can get a car from Japan which is 2000 or 2001 for that price. Do not make a car that was 10 years. Here in Canada the cars could not last that cause along our time. Too much salt on the roads in winter ruin our cars to Canada.
Good Luck
