What Are The Top Choices?
Australians love to drive. Whether it’s to and from work or exploring the countryside and the areas around us, driving is a national pastime. But driving comes with costs – not least the hefty price of insuring your car.
So what sort of prices are Australians paying for car insurance in 2018?
Average Prices for Car Insurance
It’s actually pretty hard to give average prices for car insurance as these vary dramatically depending on the city that you’re in, the driver’s history and whether or not they have a clean license, and the car insurance market itself.
Thinking about Australia, the national average is usually around $1000 per year for car insurance. However, insuring a car in an expensive city such as Sydney will mean you’ll pay substantially more than this.
Car insurance across Australia can vary by over $1000 depending on your age, gender and which state or city you’re in.
Tasmania and Western Australia generally offer the cheapest car insurance whereas New South Wales and Northern Territories are at the higher end.
Most Popular Car Choices
Australians have always loved sports related vehicles however in the last five years or so there has been a substantial shift towards people purchasing SUVs and utes over standard cars.
Did you know that in 2017, 3 out of the top 10 vehicles in Australia were work utes?
One of the most popular SUVs available is the Toyota Hi Lux. This model has always sold well as a commercial vehicle however there now seem to be more and more families and young professionals opting to purchase this as their vehicle of choice. Prices for the Toyota Hi Lux start at around $54,000.
For those still keen on sedans and hatchbacks, the Mazda 3 has been continuing to enjoy its popularity at the top of the Australian car charts. It satisfies Australian’s desire for a car that both looks good but is also cheap to run and reliable for a number of years.
Drivers in cities and towns like models such as the Mazda 3 which are simple to drive in busy traffic and easy to park in tight spaces. Generally prices for the Mazda 3 start at around $30,000.
What Can We Learn From the Car Trends?
It seems that driving is going to continue being as popular in Australia as it has ever been.
With more and more people owning SUVs and Utes, it may be that others on the road feel they need to compete in order to be safe and on the same level as those in bigger cars.
However it’s safe to say that there’ll always be a space for the smaller sedans and hatchbacks, especially for those living in towns and cities with less space to park.