Getting an M5 at 21 while a student?

[flibbage0]

chrisb92 said:

Jesus. I leave this thread for a week and now the OP has added in the need for an estate for some airport runs about a never previously mentioned brother who works in the US. The guy is a serial bullstter, that's why people are getting ticked off with him. Like someone previously said I've never seen a post saying 'I'm 40, IT manager, live with my wife, my dad works on the moon so he gets me free holidays so I don't need to worry about that and I earn 2k a month. Can I afford an Enzo Ferrari???'.

I would go on, but I don't want the PC brigade to cry about a bit of realism.

BTW I'm 23, before people accuse me of being an old man having a dig!!

This made me laugh more than it should have.

[j4ck100]

bmw535i said:

When did I say I'd proved anyone wrong???? Why are you misquoting me?

"Absolute fantasy land thinking you can get anything near £1500" "Suspicions confirmed"

Sounds like you thought you were proving him wrong to me? It's not fantasy land, and your suspicions were not confirmed, as again confirmed by bradley^

[white_goodman]

Bradley1500 said:

I've been searching for insurance quotes recently for cars I'm looking to buy, so out of interest checked insurance on an M5 - £885 was the cheapest I found. I'm 21, 2 years NCB and a non-fault accident.

Shame I can't afford to run one otherwise I'd be starting my own 'BMW M5 at 21' thread.

Not disputing your quote but I find that really surprising.

I paid 1200 pounds TPFT on my 205 GTi at 22 and then had to pass up on the opportunity to buy an EP3 CTR/DC2 ITR at 24 due to insurance being 3000 pounds. Had some high quotes (over 1000 pounds) on my WRX at 30 too and one well-known insurer insisting I fit a Tracker on a 6 year old car.

Maybe insurance is getting cheaper or just more expensive on boring stuff and cheaper on high performance stuff?

[anonymous-user]

j4ck100 said:

"Absolute fantasy land thinking you can get anything near £1500" "Suspicions confirmed"

Sounds like you thought you were proving him wrong to me? It's not fantasy land, and your suspicions were not confirmed, as again confirmed by bradley^

They were, as per the quotes I got.

Other people said they found cheaper ones. Why is that considered "confirmed" whereas mine weren't? Perhaps you should do a quote.......

[GTIAlex]

Slow said:

A brother who works in the us? He's 14, I take him to the airport so he can go and visit our dad...

You best get an estate, I know how much baggage 14 year olds like to take with them.

[GTIAlex]

GTIAlex said:

GTIAlex said:

Lets face it, hes not going to buy an M5.

Boring pointless thread with no conclusion.
Discussion will dry up soon and it will die a death, leaving space for the next "oooo pistonheads shall I do this?" thread.

The end is near.

Nearer

[ericmcn]

Was reading bits and pieces of this, seriously doubt the OP will ever get near a M5, he comes across them walter mitty types who just get the kicks from seeing peoples responses.

Mind you that 'cheap' quote would not surprise me too much as its Inverness, try getting it for London, even still it seems ridiculously cheap for a student on a M5.

[anonymous-user]

ericmcn said:

Was reading bits and pieces of this, seriously doubt the OP will ever get near a M5, he comes across them walter mitty types who just get the kicks from seeing peoples responses.

Mind you that 'cheap' quote would not surprise me too much as its Inverness, try getting it for London, even still it seems ridiculously cheap for a student on a M5.

Indeed, I think I referred to him as an attention we about 20 pages ago.

Fair play if he can get insurance for what he says, I'm not really sure why people consider it to be fact though. Still, I guess some folk just like to jump on what they want to hear.

[silentbrown]

bmw535i said:

I'm not really sure why people consider it to be fact though

I'm not sure why you think everybody who's said that a £1500-2000 insurance quote is possible or provided screenshots of one is a pathological liar.

Here's a quote based on OP's "car of choice", for a 21-y/o student living at a random address about 15 miles from Inverness. That aside, I've assumed accidents/convictions/NCB are as good as they could be for a 21-year-old, and added a parent as a second driver.

[Blayney]

What you did there... I see it

[j4ck100]

bmw535i said:

They were, as per the quotes I got.

Other people said they found cheaper ones. Why is that considered "confirmed" whereas mine weren't? Perhaps you should do a quote.......

Because it proves that those quotes are obtainable with the right postcode and named drivers. I don't need to run quotes as am 21 with a performance car so know how reasonable quotes can be.

[anonymous-user]

j4ck100 said:

Because it proves that those quotes are obtainable with the right postcode and named drivers. I don't need to run quotes as am 21 with a performance car so know how reasonable quotes can be.

Someone on the internet said it, therefore it's proved. I see.

330d = performance car

Are you really Slow?

[Bradley1500]

white_goodman said:

Bradley1500 said:

I've been searching for insurance quotes recently for cars I'm looking to buy, so out of interest checked insurance on an M5 - £885 was the cheapest I found. I'm 21, 2 years NCB and a non-fault accident.

Shame I can't afford to run one otherwise I'd be starting my own 'BMW M5 at 21' thread.

Not disputing your quote but I find that really surprising.

I paid 1200 pounds TPFT on my 205 GTi at 22 and then had to pass up on the opportunity to buy an EP3 CTR/DC2 ITR at 24 due to insurance being 3000 pounds. Had some high quotes (over 1000 pounds) on my WRX at 30 too and one well-known insurer insisting I fit a Tracker on a 6 year old car.

Maybe insurance is getting cheaper or just more expensive on boring stuff and cheaper on high performance stuff?

I was surprised too!

Insurance can vary massively depending on the smallest of changes, perhaps I live in a much lower risk area than yourself?

I bought my Civic Type R at 20 and insured it for just under £900. Now I'm 21 and the same car would cost just under £600. I'm really surprised you couldn't insure one at 24.

[johnwilliams77]

Hey all. I earn 150k a year but I need 5 cars for different duties. Just wondering the running costs of

RS6, Defender, r500, ferrari 355, lotus exige cup R.

I am contracting so do you think this is a good idea? LOLZ

Thanx all for commentzzz

[Jim AK]

johnwilliams77 said:

Hey all. I earn 150k a year but I need 5 cars for different duties. Just wondering the running costs of

RS6, Defender, r500, ferrari 355, lotus exige cup R.

I am contracting so do you think this is a good idea? LOLZ

Thanx all for commentzzz

Just do it...... You know.another 150k contract will be there when you need it.

Think you should have a Bentley in your garage too!!

[johnwilliams77]

Jim AK said:

Just do it...... You know.another 150k contract will be there when you need it.

Think you should have a Bentley in your garage too!!

Thanks for all the input
I just remembered I have 10 dogs so need another estate car, what would you recommend? Maybe a transit ST on finance as 10 dogs might not fit in an estate car?

[Jim AK]

johnwilliams77 said:

Thanks for all the input
I just remembered I have 10 dogs so need another estate car, what would you recommend? Maybe a transit ST on finance as 10 dogs might not fit in an estate car?

Bentley Bentayga should cover the dog issue, be good for airport runs with your younger brother too

[chrisb92]

It's fine though you don't need to pay for holidays as your dad has a yacht, right?

I assume you're getting the money to pay for this by selling an old Saab and a knackered Mondeo with a lick of paint?

[johnwilliams77]

Jim AK said:

Bentley Bentayga should cover the dog issue, be good for airport runs with your younger brother too

I just remembered: my aunt owns an estate in the highlands, I can have one of my staff drop them off whilst I am out on business.

[white_goodman]

Bradley1500 said:

I was surprised too!

Insurance can vary massively depending on the smallest of changes, perhaps I live in a much lower risk area than yourself?

I bought my Civic Type R at 20 and insured it for just under £900. Now I'm 21 and the same car would cost just under £600. I'm really surprised you couldn't insure one at 24.

This was rural Wiltshire, so not that high risk really. It was back in 2004 though and the car was a 2001, so maybe hotter property at the time? I ended up with a 2003 MX5 instead, which cost me 800 pounds to insure. I could have got a Celica 190 though of similar vintage and performance as the Type-R and insured that for around 800 too.