Just worked out how much....

Shikkaka

Shikkaka

Shikkaka

Soldato
Joined
10 Jun 2003
Posts
2,871
Location
Nottingham
..... my car costs me per year

I have a 98 2.0l Megane Coupe. Putting it up for sale this weekend.

Tax = £192

Insurance = £986

Petrol = £2400 based on just going to work and to the gf's and the odd run around. Any long trips are added on top of this.

Total - £3578

Then lets not forget services, mot and repairs, tyres, oil.

I think it's time to get a 100cc moped
 
Thats a lot of insurance for an old car. How old are you? What kind of location are you in?
 
Gilly said:
Thats a lot of insurance for an old car. How old are you? What kind of location are you in?
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I'm 22 at the end of this month. Don't have no claims that's the problem. Have previously been insured on someone else's insurance.

I am in a small town called Hucknall in Nottingham
 
paradigm said:
Since old cars are worth less (generally), and insurance takes into account the value of the car.
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Though it could be argued that an older car it is harder to source parts, thus costing more to repair one.
 
paradigm said:
Since old cars are worth less (generally), and insurance takes into account the value of the car.
Click to expand...

No it doesn't - do two quotes for the same car, one twice the age and half the value, it'll be the same price.
 
Muncher said:
There is nearly always a discount for the age of the vehicle.
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Not IMX. It doesnt matter if (We'll use my favourite example of the moment) I take a quote for an £18,000 03 plate 20k mile 530i or a £6000 X plate 150k mile one, the quote is identical.

This has always been the case for any quote I've done, halve the age, double the value, quote remains constant.
 
[TW]Fox said:
Not IMX. It doesnt matter if (We'll use my favourite example of the moment) I take a quote for an £18,000 03 plate 20k mile 530i or a £6000 X plate 150k mile one, the quote is identical.

This has always been the case for any quote I've done, halve the age, double the value, quote remains constant.
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That sounds stupid enough to be true.
 
[TW]Fox said:
No it doesn't - do two quotes for the same car, one twice the age and half the value, it'll be the same price.
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OK done.

My car (2005) value £10K - Premium = £788 (23, 3yrs NCB)
My car (2003) value £5k - Premium = £593 (23, 3yrs NCB)
 
Makes no difference to me if I say its a 1997 saxo worth 900 quid or a 2003 one worth 5 grand. I thought this was the case all the time?
 
They must just hate me then:

2003 BMW 530i Sport Value £18000: £813
2000 BMW 530i Sport Value £6000: £813

:confused:

1996 Mk2 Mondeo 2.0 Ghia X Value £400: £650
2001 Mk2 Mondeo 2.0 Ghia X Value £3500: £650

:confused:
 
ridiculous.
The value of the car should obviously alter the premium. I dont know what kind of logic these companies use these days.
 
I got a quote next year for my GTI-6, i honestly dont know how i do it. Adding my mum halfs it. With elephant next year, 1 ncb, almost 22, 8k miles a year, social only - £383 TPFT :eek:
 
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