Ok, to clear a few things up, it is a 1997 E39 that my parents bought from new in 1998, it has done 60k miles from new and is black. As my mum passed away 7 years ago my dad has no need for it and uses his work truck to commute instead of the BMW and also due the cost of running both vehicles and being a single parent. He said to me a while ago that if I was to be able to afford the insurance on it he would give it to me.
I figured it would be cheaper for me to insure the BMW for a few months at least until I can save up to purchase a newer car and then I can swap the insurance over (I got an amazing insurance deal - £1660 fully comp, 9000 miles). This saves me the hassle of getting into any form of debt as I have paid the insurance off in full.
As far as inexperienced goes, yes I have only been driving for 9-10 months however I have also been driving BMW/Audi/Mazda company cars at work with far more powerful engines for about 3 months so I feel I am sensible enough to be able to handle it. The only downside however is the MPG! These things are like tanks!
I think I have done the sensible thing
I figured it would be cheaper for me to insure the BMW for a few months at least until I can save up to purchase a newer car and then I can swap the insurance over (I got an amazing insurance deal - £1660 fully comp, 9000 miles). This saves me the hassle of getting into any form of debt as I have paid the insurance off in full.
As far as inexperienced goes, yes I have only been driving for 9-10 months however I have also been driving BMW/Audi/Mazda company cars at work with far more powerful engines for about 3 months so I feel I am sensible enough to be able to handle it. The only downside however is the MPG! These things are like tanks!
I think I have done the sensible thing

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