Looking for a First Car.

snowdog · 3 Jan 2011 at 05:46

That's a tenner per day you're paying just to insure it, a tad steep isn't it ?

I pay far less to tax AND insure TWO cars at 19... The slowest being a 140bhp 2.0l car.

People have a point, wouldn't using a taxi be cheaper if you add it all up, insurance&tax&maint&purchase&fuel costs ? You could then drink too !

Joshy · 3 Jan 2011 at 09:27

snowdog said:
I pay far less to tax AND insure TWO cars at 19... The slowest being a 140bhp 2.0l car.

And this isn't relevant to the OP at all seeing how you live in a DIFFERENT COUNTRY.

Fr0dders · 3 Jan 2011 at 09:28

Snowdog

I've told you before, stay off the "Hash" Brownies !

FelixOP90 · 3 Jan 2011 at 11:13

Just for perspective, I got my first car a few weeks ago, it's a Porsche. Albeit a 924!

It satisfies all the important criteria: Old, noisy, pop-up lights.

Car was £900
Insurance £1500 fully comp

Just turned 21 and I'm a student living in a bad postcode. It's my first year of driving. If I had offroad parking I would've knocked £300 off the premium.

mufc802 · 3 Jan 2011 at 12:27

[TW]Fox;18129499 said:
Try £1k.

Which is what it would be if you were trying again after having held your license for a year or so.

I disagree, the insurance would be nowhere near as low as 1k if he owned his licence a few years, he needs NCB and a good postcode for that.

Joshy · 3 Jan 2011 at 12:33

Yateszy said:
I disagree, the insurance would be nowhere near as low as 1k if he owned his licence a few years, he needs NCB and a good postcode for that.

Having my license a year had more effect on my quotes than having a year's NCB. The difference between 0, 1 and 2 years license are literally thousands, the difference between 0, 1 and 2 years NCB is a matter of a couple of hundred.

Janesy B · 3 Jan 2011 at 12:35

Yateszy said:
I disagree, the insurance would be nowhere near as low as 1k if he owned his licence a few years, he needs NCB and a good postcode for that.

I disagree, first year for me was £1400 and my second year was £500 so it does make a difference. My postcode is also one of the worst.

[TW]Fox · 3 Jan 2011 at 12:36

Yateszy said:
I disagree, the insurance would be nowhere near as low as 1k if he owned his licence a few years, he needs NCB and a good postcode for that.

I insured my car with no NCB and a fault claim for 3 times less than his Yaris at the same age as him.

Having your license for longer DOES make a big difference.

mufc802 · 3 Jan 2011 at 13:01

[TW]Fox;18131562 said:
I insured my car with no NCB and a fault claim for 3 times less than his Yaris at the same age as him.

Having your license for longer DOES make a big difference.

I know it does but I don't think it would drop from £3,600 to £1,000 just like that, more like a few hundred pounds each time.

Janesy B · 3 Jan 2011 at 13:07

Yateszy said:
I know it does but I don't think it would drop from £3,600 to £1,000 just like that, more like a few hundred pounds each time.

Dropped by almost 2/3rds for me, the second year of experience/ncb made no difference at all. The first year of proving you can drive on your own without dying or crashing makes the biggest difference.

jon86 · 3 Jan 2011 at 13:21

I started driving at the age of 21 with no experience and no NCB. I insured myself on my parents' '97 Nissan Primera 1.6L Si for about £780 with Bell Direct (part of Admiral Group) on their 'Bonus accelerator' policy, meaning they sell you a 10 month policy and give you 1 year NCB at the end of it. The renewals after that cost me £660, £530 and my last renewal was £385 (excl. legal cover and hire car which was another £60). I would definitely try getting a quote with Bell Direct. I added my mother and it saved me about £100, which unfortunately it seems you won't be able to do.

EDIT: My car is insurance group 17 and I live in NR3, which is insurance risk group B, according to http://www.parkers.co.uk/insurance/Groups/by-group.aspx?ig=17#ig=0 and http://www.carinsuranceexplained.com/car_insurance_explained/insurance_postcode_risk.htm.

Saytan · 3 Jan 2011 at 13:29

even in my late 20s (i was 27 last renewal) adding an older more experienced driver as a second driver gives me a small reduction with admiral

said second driver has never even *seen* my car

Aleksandrs · 3 Jan 2011 at 13:36

jon86 said:
EDIT: My car is insurance group 17 and I live in NR3, which is insurance risk group B, according to http://www.parkers.co.uk/insurance/Groups/by-group.aspx?ig=17#ig=0 and http://www.carinsuranceexplained.com/car_insurance_explained/insurance_postcode_risk.htm.

Damn, My area is a group C, which is retarded because like I said, I'm at the end of a quiet cul-de-sac in the nice part of our village. Such a shame.

As for others here, this last year has made a difference. When I was looking for insurance last March it was 1600 for fully comp for me on a Rover 214 1.4 16v (105bhp version). But then by July it was 2100 for TPFT

I guess what I am paying extra for is the freedom I wouldn't get with a taxi service. I love driving, and I want the road experience. Plus because I live in Dover and my insurance includes european cover, I often go to France.

I'm not happy with paying 2.1k, especially when I hear people paying a lot less, but I just could not get any less. I rang up seriously every insurance company going until I get 2.1k. Most were 3k or 4k.

Gives me something to look forward to though in July when I'd have over a year on my license and NCB.

Jonny ///M · 3 Jan 2011 at 13:37

Yateszy said:
I know it does but I don't think it would drop from £3,600 to £1,000 just like that, more like a few hundred pounds each time.

I was something like £2.5k when I had my license at 18. Infact on the bell site if I have my license for 2 years 11 months its quite a bit higher than if I had it 3 years( it stops giving the month option at 3 years).

I'm in a pretty bad postcode of ML3.

Just been thinking about the 10 month policy thing, you really can't go wrong? The only downside is that I'd have to stick with bell come renewal time to get the ncb? If I call up now and pay monthly I'd be £79 per month for a year.

What happens when I crash my car/get rid of it, can I just call up and cancel the insurance without being tied in to paying it?

Sorry for the thread hijack.

andy_mk3 · 3 Jan 2011 at 13:52

I'm quite lucky as my post code is PE9 which is risk group A, and my car is group 17/50. I passed in July 09 when I was 17. My first years insurance was £2,200 with Quinn. Last year when I renewed it went down to about £1,100 using admiral's bonus accelerator policy.

The problem I have is that my renewal is due before I've had my licence for a full year. So if I have 2 years NCB, I still wont quite have had my licence for 2 years as I insured my car on a provisional

But paying nearly £4k to insure a Yaris is absolutely stupid! I only paid what I did because I was desperate to get on the road.

Vita · 3 Jan 2011 at 13:53

My area is risk group F. The quote I listed is with Bell.

Fuzz · 3 Jan 2011 at 14:09

So let me get this straight, you paid £3350 for your first car
and £3600 to insure it.

£6950 for your first car and that's before tax and petrol!
HAHAHAHAYHAHAHAHAHAHAHAHAHA HAHAHAHAHAHAHAHAHAHA

You need your head looked at mate

jon86 · 3 Jan 2011 at 14:17

Jonny ///M said:
...
Just been thinking about the 10 month policy thing, you really can't go wrong? The only downside is that I'd have to stick with bell come renewal time to get the ncb? If I call up now and pay monthly I'd be £79 per month for a year.

What happens when I crash my car/get rid of it, can I just call up and cancel the insurance without being tied in to paying it?
...

I think it's "true" NCB but I'm in the position where my NCB exceeds the length of time I've held my license. If I did go with another insurer, I'd probably have to explain it to them and reduce my NCB to match how long I've held the license.

As for the second question, I don't think so. I think the monthly payment option is just a(n expensive) loan. I'd give Bell a ring to double-check. They have an 0800 number on their website.

thepeganator · 3 Jan 2011 at 14:23

jon86 said:
I think it's "true" NCB but I'm in the position where my NCB exceeds the length of time I've held my license. If I did go with another insurer, I'd probably have to explain it to them and reduce my NCB to match how long I've held the license.

As for the second question, I don't think so. I think the monthly payment option is just a(n expensive) loan. I'd give Bell a ring to double-check. They have an 0800 number on their website.

It is proper ncb, you can use it with an insurer, I'm on one with Admiral.

allllec · 3 Jan 2011 at 15:07

Currently 20 with 1 years NCB. Paying £1600 for a 850 T5. Although just downgraded to a 1.4 306 while I pay off some debts, that comes in around £800.

One I'd had my licence 1 year my premiums dropped a lot. Was paying £3k for my first car. 1.6 Golf! Got an awful postcode. Friends that live literally 50 houses up the road are paying £200-500 less a year. And that's with a licence held for less time and 0 NCB!

Insurance is a funny thing. For me there are 3 groups. Stuff that comes in around £800. Small engined hatchbacks.

Stuff that comes in at around £1600. Most mainstream Saloons with any engine. (Omega v6, Volvo T5)

And £2500 which is anything with 6 cylinders made by BMW/Merc.

Renewal is next month so hopefully see a bit of a drop, fingers crossed!

My advise to anyone young trying to insure a car is just run quotes for absolutely everything. It's down to the individual but I've now insured 2 200+bhp saloons for less than it'd cost me to insure a 406 or Mondeo with any engine.