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Old 05-31-2010, 10:50 AM   #11
Mike Jung
 
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Drives: '14 CRT Camaro SS Coupe
Join Date: May 2010
Location: Toronto, ON, Canada
Posts: 478
Quote:
Originally Posted by Faisal View Post
Will be moving soon to Ontario, Canada and was wondering How the rates are on The Camaro.

How much is Insuraces and the car payments?

Thanks
-Faisal
Car insurance rates are "crazy" in Ontario; especially in "Toronto".

The car insurance industry in Ontario has been losing money lately with personal injury claims.

I just paid to renew for my car insurance coverage in June for the year at $2171 Cdn ($180.92/month).
36 years old single male with clean driving record.
As a daily driver to work (16 km away / 9.9 miles).
Maximum mileage per year group: up to 26K km / 16.1K miles.

A Chevy Camaro SS would be more.
As they consider my large 4-door sedan as safe.
It got 5-stars crash rating in Australia (it wasn't crash tested in the US).
Someone on the G8 Board that works in the car insurance industry said it was rated for premiums in the same class as a new Chevy Malibu or Toyota Camry.
It seems they forgot about the small block V8 that is under my hood
& said if you got a Camaro, Corvette, etc...that is 2-door: It would be more for insurance as it is a 2-door "sport's" car.

But if I were to live 10 minutes away over the Toronto border into Mississauga: My car insurance could drop like $500 per year.
(My buddy moved to the other side & had that happen. But then decided he wanted to move back into this area, & his car insurance jumped back up $500 per year.)

Quote:
Originally Posted by Faisal View Post
...How's the gas prices currently?
Today's gasoline pricing:

87-octane gasoline = $0.969 Cdn/L is about $3.59 US per US Gallon
91-octane gasoline = $1.109 Cdn/L is about $4.10 US per US Gallon

(Yes, we get ripped off when buying premium gasoline up here !)
__________________
'14 Crystal Red Tintcoat Camaro SS RS coupe

Former G8 owner :(

RIP Sunday, Oct 6, '13
1 of 3,681 in Panther Black Metallic '09 Pontiac G8 GT (with L76 6.0L small block V8 engine & a 6L80 tranny)
1 of 970 '09 Pontiac G8 GT's in the country (Canada)

Last edited by Mike Jung; 05-31-2010 at 12:03 PM.
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