First car under £3'000 plus £2'000 insurence

First car under £3'000 plus £2'000 insurence

Author
Discussion

matty0194

Original Poster:

95 posts

107 months

Monday 20th April 2015
quotequote all
Im 17 now and was considering either 1.4 Jetta or a 1.6 Passat both VW and 2006 models I'm gonna pass test in like 3 weeks plus I went on comparison website and got quotes with churchill both under £2400 result biggrin should I go for one of them or save extra £1500 and get a A3 Audi? Argh what to do!

Edited by matty0194 on Monday 20th April 13:28

R2T2

4,076 posts

121 months

Monday 20th April 2015
quotequote all
You're happy at spending £2400 to insure your first car?

Look around. By the sounds of it you want one of these as your second car in a year or so's time.

Buy a £1000 banger, pay £1500 to insure it for a year, run around in that, get some no claims. That piece of paper is worth more than gold! 1 years NCB dropped my premium from £1500 first year, to £600 in the second year, I then got something nicer (what I have now)

That way, you'll have money set aside for an Audi A3, and can save an extra year to get a tidy one. (If that's what you really want)

don't blow it all on a nice car for the first year, and for christ sake, don't modify it yet, wait.
Insurers will want you bent over and lubed up if they get wind your car is modified.

xRIEx

8,180 posts

147 months

Monday 20th April 2015
quotequote all
R2T2 said:
You're happy at spending £2400 to insure your first car?
You have to be prepared for it nowadays.


R2T2 said:
Buy a £1000 banger, pay £1500 to insure it for a year,
Cost of car has next to no bearing on insurance premium at age 17.

matty0194

Original Poster:

95 posts

107 months

Monday 20th April 2015
quotequote all
I wouldnt modify in any way maybe uprate brakes to brembos after a years no claims but that's about it tbh and I want a nice first car not gonna lie

Ali_T

3,379 posts

256 months

Monday 20th April 2015
quotequote all
Run around in a cheap, fun, Fiat, Ford etc. Buy the A3 when your NCB allows then wonder why it's not as fun as the cheap fun car!

Toptrumps2

110 posts

175 months

Monday 20th April 2015
quotequote all
matty0194 said:
Im 17 now and I'm gonna pass test in like 3 weeks plus I went on comparison website and got quotes with churchill both under £2400

Edited by matty0194 on Monday 20th April 13:28
£500 shed is the only choice.

Anything more will cost a ton to fix when it goes wrong, it will be your friends taxi when they are drunk and you wont care about as much when you make a mistake on a wet road one day.

Save the money, and buy something in a few years when you are older wiser and can buy and insure something special.

Db1904

300 posts

132 months

Monday 20th April 2015
quotequote all
Had this with my brother recently, ended up with a base model 03 plate fiesta (with windy windows :P) and that is what I'd recommend here, or maybe a corsa, it's cheap to run, buy and insure and fairly reliable if slightly boring.

Yes you'd look cool with an audi etc but it will shaft you with running costs/repair bills and I doubt you'd get much audi for £3k. As others have said, wait a few years, then with NCD you'll be able to get something decent. That's the sensible view anyway cool

Spanna

3,732 posts

175 months

Monday 20th April 2015
quotequote all
You did run those quotes as if you jad already passed your test, right? Otherwise you're in for a shock when you update from provisional to full licence.

I'd buy an Aygo or similar if I were 17 right now. Motoring for as cheap as possible until you hit 19-20.

matty0194

Original Poster:

95 posts

107 months

Monday 20th April 2015
quotequote all
Db1904 said:
Had this with my brother recently, ended up with a base model 03 plate fiesta (with windy windows :P) and that is what I'd recommend here, or maybe a corsa, it's cheap to run, buy and insure and fairly reliable if slightly boring.

Yes you'd look cool with an audi etc but it will shaft you with running costs/repair bills and I doubt you'd get much audi for £3k. As others have said, wait a few years, then with NCD you'll be able to get something decent. That's the sensible view anyway cool
I get what your saying but I don't want the typical first car I want something I can enjoy with a luxury element and something I can take care with and look after not thrash on a night out

matty0194

Original Poster:

95 posts

107 months

Monday 20th April 2015
quotequote all
Spanna said:
You did run those quotes as if you jad already passed your test, right? Otherwise you're in for a shock when you update from provisional to full licence.

I'd buy an Aygo or similar if I were 17 right now. Motoring for as cheap as possible until you hit 19-20.
Yes full UK licence with pass plus I put in quote website smile thanks for checking soz I didn't make it clear

R2T2

4,076 posts

121 months

Monday 20th April 2015
quotequote all
xRIEx said:
R2T2 said:
You're happy at spending £2400 to insure your first car?
You have to be prepared for it nowadays.


R2T2 said:
Buy a £1000 banger, pay £1500 to insure it for a year,
Cost of car has next to no bearing on insurance premium at age 17.
I paid £1500, 2 years ago, there are cheaper options out there.

It doesn't directly, but the lower value of the car, the less insurers will have to give you if you stuff it up/gets stuffed up.

And would you want a pricey car as your first car, with all the knobs on the roads, and being that inexperienced?

R2T2

4,076 posts

121 months

Monday 20th April 2015
quotequote all
matty0194 said:
Db1904 said:
Had this with my brother recently, ended up with a base model 03 plate fiesta (with windy windows :P) and that is what I'd recommend here, or maybe a corsa, it's cheap to run, buy and insure and fairly reliable if slightly boring.

Yes you'd look cool with an audi etc but it will shaft you with running costs/repair bills and I doubt you'd get much audi for £3k. As others have said, wait a few years, then with NCD you'll be able to get something decent. That's the sensible view anyway cool
I get what your saying but I don't want the typical first car I want something I can enjoy with a luxury element and something I can take care with and look after not thrash on a night out
Then think outside of the hatchback box. Check out something like an old Volvo, shouldn't cost a lot to run, and may be cheaper to insure than you think. Plus-side, you're driving a big, comfy luxurious "barge" whilst everyone is driving a Corsa/Fiesta/Punto/Aygo etc..

Plus you may be able to get one with a more powerful engine than the established 1.2's.

thelawnet

1,539 posts

154 months

Monday 20th April 2015
quotequote all
xRIEx said:
Cost of car has next to no bearing on insurance premium at age 17.
Not true, a £500 shed will cost more to insure than a £5k runabout. Presumably because the owner of £500 sheds are less likely to give a fk.

You really need to check insurance costs for a wide range of cars. And when you've done that, add an older named driver.

Ali_T

3,379 posts

256 months

Monday 20th April 2015
quotequote all
R2T2 said:
It doesn't directly, but the lower value of the car, the less insurers will have to give you if you stuff it up/gets stuffed up.
It's based less on that and more on the value of what you might hit!

xRIEx

8,180 posts

147 months

Monday 20th April 2015
quotequote all
R2T2 said:
xRIEx said:
R2T2 said:
You're happy at spending £2400 to insure your first car?
You have to be prepared for it nowadays.


R2T2 said:
Buy a £1000 banger, pay £1500 to insure it for a year,
Cost of car has next to no bearing on insurance premium at age 17.
I paid £1500, 2 years ago, there are cheaper options out there.

It doesn't directly, but the lower value of the car, the less insurers will have to give you if you stuff it up/gets stuffed up.

And would you want a pricey car as your first car, with all the knobs on the roads, and being that inexperienced?
It doesn't really matter what you paid, if the OP:
- lives in a different risk postcode
- has different drive/garaging/car port/on street parking situation
- driving restriction

to you then it may not be possible to get anywhere near the same price. Why do people assume car and driver's age are the only rating factors taken into account?


How much insurers give you if you stuff your car makes fk all difference; if you stuff it into a Koenigsegg being driven by a famous actor and they then require 24 hour care for the rest of their lives, and spouse and three kids need an income for the rest of their lives, then they're going to care. If you drop your Landy down an embankment and derail two trains, they're going to care.

I thought everyone had now got their heads round the fact it's the third party risk which carries the bulk of the premium (at that age).

I had a pricey car for my first car; I'm not saying it's a great idea for everyone, but it didn't do me any harm.

R2T2

4,076 posts

121 months

Monday 20th April 2015
quotequote all
Ali_T said:
It's based less on that and more on the value of what you might hit!
I know, but the less they have to fork out the better, you insure a £2k car as a first one they'll have to give you £1000 (Example) Insure a £1000 banger you'll get £250, saving on their end.

Their saving won't be passed onto you.

OP, have you considered something like Pass Plus or telematics insurance?

Run some quotes on some mundane "typical" first cars. Mine was a Ford Ka, worked alright was reliable for a year then traded up, cost peanuts to run and a very tidy, low mile one I got only cost £1500 to buy, the same to insure, an avarage mile one would go for £700.

V8forweekends

2,481 posts

123 months

Monday 20th April 2015
quotequote all
Don't waste money on an A3 - they really aren't anything special. I had one.

ChrisR99

452 posts

110 months

Monday 20th April 2015
quotequote all
A3s are awful cars. Don't bother.

Get something like a Focus. 1.6 and £1500 to insure for a new driver. I'm planing on doing this next year when I can drive but with a new 1.0t Ecoboost.

User33678888

1,141 posts

136 months

Monday 20th April 2015
quotequote all
Fiat punto

xRIEx

8,180 posts

147 months

Monday 20th April 2015
quotequote all
R2T2 said:
Ali_T said:
It's based less on that and more on the value of what you might hit!
I know, but the less they have to fork out the better, you insure a £2k car as a first one they'll have to give you £1000 (Example) Insure a £1000 banger you'll get £250, saving on their end.

Their saving won't be passed onto you.
You know that rail crash I alluded to in my previous post? The published payout around the time was over £22m, and it still wasn't fully settled. No, insurers really don't care much between a £1000 car and a £2000 car.