Getting my first car friday

Frozennova · 7 Sep 2010 at 14:22

Going to collect my first car on friday, a 1989 Mk2 1.3 Golf for the pricely sum of £100.

A new battery, some tax and an MOT and she's good to go. Other than some slight surface rust on one of the front arches and on one of the rear the body work is great.

Anything common I need to check for. As soon as its home it'll be getting a full service and a timing belt

Peerzy · 7 Sep 2010 at 14:23

Getting it on classic insurance? Should save a fair bit of money?

Don't go boy racing it anywhere, I can't imagine a 1.3 Golf is quick and it certainly won't stand up well against a Range Rover or a tree

Frozennova · 7 Sep 2010 at 14:37

Low and slow seems to be the philosphy with 1.3 on the Mk2 owners club. Any classic insurance companies you can recommend. Bell are the cheapest at £1900 with a terrible post code

Morba · 7 Sep 2010 at 14:52

Classic is pre 73 or something isn't it?

Participant · 7 Sep 2010 at 14:56

£100 - classic bangernomics, only for you to bother with a timing belt change?! A service can be justified in the name of making it run better if it needs new plugs / filters etc., but a cam belt change is a waste of money imo.

If it goes pop, then you buy another banger with a year's MOT and save yourself £100 on a cam belt change.

Peerzy · 7 Sep 2010 at 15:01

frozennova said:
Low and slow seems to be the philosphy with 1.3 on the Mk2 owners club. Any classic insurance companies you can recommend. Bell are the cheapest at £1900 with a terrible post code

No idea, but there is a lad who has/had a classic Mini and he got his first year for like £800~ or something.

With classic insurance I'd be expecting the Golf to cost about the same. £1900 is 'standard' insurance money.

Oh I'm sure I saw someone say they had a Mk2 Golf on classic insurance - might only be pre 73 stuff though?

InvaderGIR · 7 Sep 2010 at 15:03

Morba said:
Classic is pre 73 or something isn't it?

In terms of tax, yes but in terms of insurance, no.

I recall Footman James being a classic insurer and you can get early 90s cars on with them as classic. You have to bear in mind though that with classic insurance you do not gain NCB.

Robbie G said:
£100 - classic bangernomics, only for you to bother with a timing belt change?! A service can be justified in the name of making it run better if it needs new plugs / filters etc., but a cam belt change is a waste of money imo.

If it goes pop, then you buy another banger with a year's MOT and save yourself £100 on a cam belt change.

Do you realise the difficulty in finding a decent condition car for sub £1000 these days? It's not as simple as 'buy another for £100'.

Ko0lHaNDLuKe · 7 Sep 2010 at 15:06

How old are you? Hopefully you're in your twenties now so insurance shouldn't be so extortionate!

InvaderGIR · 7 Sep 2010 at 15:08

Profile says he is 18.

Morba · 7 Sep 2010 at 15:17

Ah cool. Bonus if you can get it on classic insurance

Thought they were mirrored for tax and insurance but it's good if not

tigerstyle · 7 Sep 2010 at 15:20

what colour

RenoRanes007 · 7 Sep 2010 at 17:12

a lot of places won't insure you on classic unless your 21 and others not untill you are 25, the only place I can think of that will insure classic at your age is Adrian Flux.

Sone · 7 Sep 2010 at 17:47

just an MOT on a 100 quid motor, good luck

Frozennova · 7 Sep 2010 at 18:20

light metallic blue, tbh he's selling it cheap considering the condition

im 19 in about 8 weeks with my test 2 weeks before that. A timing belt will only cost me on parts as my dad is in the trade

insurance is around 150 a month on a 10 month policy

sailed through the last mot with no advisories and was garaged shortly after

NvidiaDan · 7 Sep 2010 at 23:42

Definitely worth giving Footman James a call for classic insurance. I'm 17 & new driver and I have just been quoted £500 3rd party for my 89 Austin mini with mods declared. They seem to have the best prices from all the other insurers I have contacted.

Frozennova · 8 Sep 2010 at 06:28

I'm not sure if I'd like cheap insurance now or building NCB though, in the long run I think I'm better of with a bonus accellerator policy

lawz · 10 Sep 2010 at 15:22

in the long run your not, because not all insurance companies accept it. This might leave you in the position in the future where you want to insure a nice car with a big company with nice fully comp benefits but you have less NCB than you thought due to 10 month policies and so its more expensive.

Then again im only 20 so maybe someone with more experience can offer their view?

InvaderGIR · 10 Sep 2010 at 15:35

lawz said:
in the long run your not, because not all insurance companies accept it. This might leave you in the position in the future where you want to insure a nice car with a big company with nice fully comp benefits but you have less NCB than you thought due to 10 month policies and so its more expensive.

Then again im only 20 so maybe someone with more experience can offer their view?

Wrong.

On renewal you get a 'proof of NCB' and all it states is that you have #NCB be that 1 or 5. A different insurance company will accept your proof of NCB as the length of your previous policies is nothing to do with them.

In terms of cost, you are better off with 12month policies as these work out cheaper, but it can be argued that due to the other policies only being 10months you make a saving on the next policy which puts you with those extra 2months costing less.

For building up a couple of NCB I see no problem with 10month ones personally. Due to various reasons I had 0NCB until I was 22 (despite driving since 17) and so have had a couple of 10month policies to gain NCB a bit quicker, I will go to 12month ones though on renewal I expect.