Pontiac is a brand that started off in 1926 and was meant to be a companion make for the Oakland model manufactured by General Motors back then. But it soon surpassed its partner in popularity, acquired Oakland completely in 1933 and started to work as a one of the companion makes for GM’s Chevrolet. For the better half of a century, General Motors marketed Pontiac as a mainstream performance vehicle. In 2009, in the context of the economic crisis, General Motors announced they would no longer be manufacturing under this brand by 2010.
The last Pontiac models were built in the fall and winter of 2009, in spite of the “2010” versions you would see on G3’s and Vibes. The last model that rolled off an assembly line was a Pontiac G3 Wave, manufactured in December 2009 in South Korea for the Canadian market. Since the dealer franchises expired at the end of October 2010, you won’t be able to find a new Pontiac in stores.
Used Pontiacs are relatively cheap to insure, with average yearly quotes in the $1,100 – $1,600 range. Here are the averages for some of the models that are still on American roads:
- 2010 Pontiac G3 – $1,485/year
- 2009 Pontiac G5 – $1,595/year
- 2009 Pontiac G6 – $1,409/year
- 2009 Pontiac G8 – $1,341/year
- 2009 Pontiac Solstice – $1,151/year
- 2009 Pontiac Torrent – $1,223/year
- 2010 Pontiac Vibe – $1,282/year
Pontiac is still famous for its good-looking and well-built cars, an overall good performance with low acquisition costs. Many call, for instance, the Pontiac G8 to be “the poor man’s BMW M5” due to the similar performances and specifications.
If you are shopping around for a used Pontiac and want to factor in the total cost of ownership – like any budget-conscious shopper should do – then the insurance costs should be among the least of your concerns. Given that the national average quote is of $1,596 as of January 2013 and all popular models cost less to insure, you definitely can’t go wrong with a Pontiac.