The premium you pay depends on many factors. (Newer vehicles have to spend more than you to cover it) the age of the car, safety features, it comes with the driver age and driving record / her.
Let us begin to start at the age of the car. Used cars are great. One reason is price. They are cheaper than new ones. This means you can buy against the financing. That way, when it comes to insurance, there is only one way to purchase coverage instead of buying full coverage (it’s required by the lender to finance the vehicle) .
Used cars are also great for your teenage son or daughter. You have to pay more to cover them, just because they are inexperienced, but you can a little green, giving them to save the old vehicle.
A word of warning here – older cars, especially those produced by more than 10 years, none of the features that have become the norm. These things matter when it comes to the safety of your own child.
When you buy a new car, keep in mind that you are on a lot of things that you do not need, if you used one to cover, especially if you choose to borrow money for the buy. Some people are ok with that, but for some it would not bother if they new in advance.
As I said – there is no right answer. For me, buying a car is worth. It is cheaper to provide. I am also aware that the price tag that comes with a new car, not a problem for some people – they just want the latest and greatest, no matter what they pay for it.