📣 Compare Private Motor Insurance Quotes in NSW for LEXUS

National Cover is a fully licensed general insurance broker and home of extraordinarily good car insurance quotations 🚗. We offer amazing prices by accessing more insurance products than anyone else in Australia and using econometric data cycles 📊 to determine optimal quotation matrices. We just do heaps of car quotes — so we know how to do them right! 🔍

🚗 Fun Facts about the LEXUS NX300h

• The LEXUS NX300h 2017 was known for its impressive fuel efficiency for an SUV, with an EPA-estimated 33 mpg combined, making it an economical choice for those looking to save on fuel costs while enjoying the luxury of a Lexus.
• In terms of safety, the 2017 NX300h came equipped with the Lexus Safety System+, which included features like pre-collision warning, lane departure alert, and adaptive cruise control as standard, enhancing its reputation as a safe vehicle choice.
• A quirky fact about the LEXUS NX300h 2017 is that its design was inspired by the concept of ‘Urban Explorer,’ aiming to blend the rugged characteristics of an SUV with the sophisticated design elements typical of a luxury vehicle, making it stand out in the crossover segment.

$119.16 per month

Quote to Value Ratio: 3.32%

The LEXUS NX300h (2017) is valued at 39,700.00 with a monthly premium of 119.16. When compared to similar vehicles within a 20% valuation range, the premium is slightly higher than average. For instance, vehicles valued between 31,760 and 47,640 show premiums averaging around 100.00. Notably, while some comparable models have lower premiums, the LEXUS’s premium reflects its luxury brand status and hybrid model, which may contribute to higher insurance costs. Overall, the premium aligns with expectations for its make and model, with few outliers in the dataset.

💡 What is Quote to Value Ratio?

A great quote is typically one with a Quote to Value Ratio (QTV) of 7% or less. For example, this LEXUS is worth $39700.00 with a yearly premium of $1320.56 for a QTV of 3.32%.

Whilst there’s no way to always control the QTV, it’s a reliable measure of whether your quote is on the high or low end of the scale. If your QTV is 7% or less, it’s likely an excellent rate already. A QTV of 8% or higher may simply reflect factors like being a young driver with an expensive vehicle or living in a high-risk area 🏙️. Speak to National Cover today about achieving the lowest possible QTV for your unique situation.