How much is auto insurance for a Mitsibushi Spyder?

With a starting MSRP of $27,999 the 2012 Mitsubishi Eclipse Spyder costs nearly $10,000 more than the base model Mitsubishi Eclipse. It comes in three trims, including the $32,599 GT, which features a 3.8 liter V6 engine.

The GS Sport, which is the lowest-priced of the three trims, as well as the Mitsubishi Spyder SE, are both equipped with 2.4 liter 4-cylinder engines.

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Despite its higher base price, the Spyder gets many of the same complaints that reviewers direct at the base model Eclipse. Reviewers are disappointed with the Spyder GS Sport’s leisurely acceleration, and with the imprecise steering of the Mitsubishi Spyder GT.

Auto critics also say that the Mitsubishi Spyder is costly compared to its rivals, which include the Mazda MX-5 Miata and the Ford Mustang.

On the plus side, the Mitsubishi Eclipse Spyder offers a long warranty that’s rivaled only by the Hyundai Genesis Coupe. To find out how much it typically costs to insure a Mitsubishi Spyder, keep on reading.

How much is auto insurance for a Mitsibushi Spyder?

Compared to the base model Eclipse, the 2012 Spyder is slightly more expensive to insure, according to average auto insurance premiums published by NADA.

Auto insurance rates paid by the typical Eclipse owner are just $1,977 per year, while Spyder owners generally pay closer to $2,149 annually. Over five years, that difference will add up to over $850. The cost of insuring a Spyder skyrockets if you are a relatively new driver.

Owners with driving histories between three and six years long will owe over $4,000 annually for auto insurance, reports the NADA. If you have less than three years’ driving experience, you could pay over $6,200 annually for Mitsubishi Spyder auto insurance.

Choosing a competing affordable sports car over the 2012 Spyder could save you a bundle on auto insurance premiums. For example, the Mazda MX-5 Miata is expected to cost drivers just $1,038 per year to insure, and the Hyundai Genesis Coupe’s estimated annual auto insurance rate is just $1,106.

Drivers can expect to pay about $1,137 a year to insure a Ford Mustang, and the average annual car insurance premium for a Chevrolet Camaro is just one dollar higher than the Mustang’s.

Mitsubishi Spyder Repair Costs

The NADA anticipates that repair costs for the 2012 Spyder will total $1,566 over five years, which is just $66 more than the projected costs for the base model Mitsubishi Eclipse.

Due to the Spyder’s 5-year/60,000 mile warranty, most drivers won’t be financially responsible for any repair costs until the fifth year they own the vehicle. Repair costs for years one through four are zero, on average.

Estimated 5-year repair costs for the Mazda MX-5 Miata are $1,422, which is a rate that’s just over $100 less than the Spyder’s. However, most other affordable sports cars cost more to repair than the Spyder.

For instance, Ford Mustang owners will pay about $1,627 for five years’ worth of repairs, and Hyundai Genesis Coupe drivers will pay roughly $1,727. Keeping up with repairs for a Chevrolet Camaro for five years will cost the typical owner $1,835.

Mitsubishi Spyder Maintenance Costs

The NADA’s 5-year maintenance cost estimate for the Mitsubishi Spyder is $3,286, compared to just under $3,000 for the base model Eclipse.

Routine maintenance bills of $148 and $277 are expected for the first and second years of ownership, respectively, and the Spyder’s year-three tune-up is projected to cost $1,971.

Drivers should anticipate a scheduled maintenance bill of $612 for the fourth year of ownership, and a charge of $278 for maintenance during the fifth year.

Competing affordable sports cars are far easier on your wallet when it comes to scheduled service costs. You’ll pay a total of about $3,120 to maintain a Hyundai Genesis Coupe for five years, the NADA reports.

The Mazda MX-5 Miata’s 5-year service costs are usually about $2,462, and the Chevrolet Camaro’s scheduled maintenance rates are generally around $2,160 for five years.

The NADA projects that it will cost most owners about $2,160 to maintain the Ford Mustang for five years.

Mitsubishi Spyder Safety Ratings

The Insurance Institute for Highway Safety (IIHS) has published crash test scores for both the 2011 and 2012 Mitsubishi Spyder models. The Spyder earned the IIHS’ top rating for its crashworthiness in frontal and side collisions for both model years.

In 2011, it earned a “Marginal” rating for protecting drivers from whiplash in rear impact collisions. The rear-impact test has not been conducted on the 2012 Spyder, and no recent rollover tests have been performed.

Mitsubishi Spyder Interior Features

Reviewers aren’t in love with the Mitsubishi Spyder’s sub-par interior materials, but it does offer a respectable list of features, especially when it comes to car audio.

These include a premium 650-watt Rockford Fosgate 9-speaker stereo system, a 6-disc CD changer, and a free three-month subscription to Sirius satellite radio.

There’s also an auxiliary input jack for smartphones and MP3 players, and the car’s audio volume automatically adjusts depending on the car’s speed.

The 2012 Spyder offers Bluetooth compatibility, as well, and power windows, doors, locks, and heated power mirrors are all included with the base model Spyder. The driver’s seat is also power-adjustable six ways. On the Spyder GT, standard features include heated leather driver’s and passenger’s seats and adjustable lumbar supports.

All three Mitsubishi Spyder trim levels include all-season tires mounted on 18-inch alloy wheels, power convertible roofs, and cruise control. Their leather steering wheels are adjustable and feature easy-access cruise and audio controls.

Although reviewers complain that the rear-seat accommodations are cramped, they like the Spyder’s spacious front seats.

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