Insurance prices = WOW :|

[James07]

After the infamous LOLclio thread im back again for another motor related thread.

Now, what is it with insurance prices today!

51 plate Alfa 147 1.6 twin spark in red = 3600
15 year old fiesta 1.25 in blue = 3245
Focus 1.6 zetec in red = 2850

All TPFT

What the hell, im 21 years old and im a mechanical engineer, i thought that insurance would maybe be a little lower.

The alfa has an alarm and immob just like the focus and i put that they would do 6k a year travel and be stored in a garage.

I just cant see a way of insuring a car and if im honest, i dont want to insure a car at that price.

Its just beyond me how they charge so much!

Ive tried so many sites to get a decent price but its looking like im going to have to save up around 3500 just so that i can drive.

Roughly 1500-2k on a car and the rest on the insurance just to bring down the monthly payments.

Anyone else struggling with cheap quotes at the mo?

Cheers,

James.

 

[James07]

Do I go there with the mechanical engineer thing? Or should I just go to bed?

YOU DECIDE, MOTORS

Puzzled?

 

[James07]

The insurer deems your age, experience and profession as a risk that equates the cost of insuring you to drive at around £1500.

That is your explanation.

It just seems a bit steep to me, its like they're encouraging people not to drive..

Plus it is Bradford ...


Though I fail to see how a mechanical engineer is a higher risk profession, surely it must be lower risk due to the fact that the person actually understands machines

Exactly my point..

 

[James07]

TPF&T has always been more expensive for me.
Change your post code.
Add parents.
etc...

Why does being a 'mechanical engineer' make you less likely to crash than someone who works in Boots?

I'm 21, drive a 180bhp nippy modded hatchback - I paid £425 this year fully comp.

What happened to the Clio then?

Ive cancelled the agreement on the clio

Ive added parents, i can only add my mum with 5ync and it makes it more expensive, i cant change the postcode as you need to put where you live.

& TPFT is cheaper for me.

 

[James07]

Without digging too much and turning this into a flame thread - what made you decide to cancel the Clio agreement and how easy was it (how much did you get screwed and did you just give the car back)?

Very easy, theyll make more money off me this way.

In most agreements you have 2 cut off points, one at the third way stage and one half way through, im past the third way stage, if i were to end the aggreement now it would cost around 3k

If i were to end at the half way stage it wouldnt cost me a penny, but they have said if i send the car back now i can cancel the contract and pay them to the half way stage which is roughly 1500 pounds away.

Nuff said, royally shafted finance = loose

Save for the win!

I was looking at some alfa 147s tonight, now i coule get one for roughly 1500 in good nick and insurance would be anywhere between 3400 and 4k if i put 2k down on the insurance too it would make monthly repayments smaller.

Looks like ill take this route but all in all i need a car bu aug as i go onto shifts and there isnt a way to work without a motor so my savings will increase soon.

 

[James07]

Insurance on my BMW has gone up by £300

Tried switching companies? My mums went up by about that much so she went with someone else.

How many years no claims/ how long have you been driving?

Due to not controlling my money properly i have had 2 insurance policies just for the clio, so i didnt rack up 1 ync Ive had my licence for around 26 months

But i havnt had an accident or anything which is highly frustrating.

Theres nothing i can do really, atleast ive learnt from the last mistake and am now saving for a car

 

[James07]

Your crazy get something cheap to insure for a year to build up age/driving time/ncb

The thing is i need to buy a car which will last a few years and hopefully not costy me too much in repairs as when i start paying insurance i wont be having much money to spare for savings.

Hense finding this nice alfa, its the best one ive seen for a long time and im always googling these cars.

Plus it isnt much cheaper to insure a clapped out old car then it is to get myself a nice 02 plate alfa

Have you added your parents as named drivers?

Yeah but you have to be the main driver so it dosnt take anything off, sometimes even adds on money.

 

[James07]

15 year old fiesta 1.25 in blue = 3245


Find that hard to believe

Geeez, you kids nowadays! I recall insuring my first car (bright orange 1.0l Metro City) for £70.......



Just doing a quick check with direct line, for a 1.25 '96 Fiesta for a 21yr old student/skilled worker in my street (an F area in Leeds on the insurance database) comes out at £1.7k for fully comp or £1.9k TPFT

I could post you my quote?

Fox, just for ***** and giggles send me a reg of a decent 530i and ill get a quotation. I did it with a Ferrari and an Evo last night just for the luls.

 

[James07]

You don't need a reg for a car insurance quote.

I appreciate Bradford is a hellhole (So why live there :confused), I was saying location, NCB and license length is probably the factor here not just age.

I think the biggest factor personally is the area, i personally live in a nice town on the outskirts of bradford but im in the BD postal area so they class it as bradford although im closer to keighley and halifax?

I live here because i was born here, brought up here, and have a lot of friends who live very close, not only that i have an apprenticeship too.

EDIT: Managed to get my quote 800 pound cheeper out of pure luck, now 2900, if i worked on this i could get it close to 2k i recon.