RE: PH Carpool: BMW M3

[pSyCoSiS]

Nice car.

We're not jealous!

[dele]

ZOLLAR said:

True, although the details on there do certaintly point to a premium that should be higher than £1060.
High-ish mileage, conviction, age etc.

It is higher, its more like £1072 lmao

No sneaky tricks, all in my own name etc.

As for my job, im a Network Analyst for a Construction Company

[ZOLLAR]

dele said:

ZOLLAR said:

True, although the details on there do certaintly point to a premium that should be higher than £1060.
High-ish mileage, conviction, age etc.

It is higher, its more like £1072 lmao

No sneaky tricks, all in my own name etc.

As for my job, im a Network Analyst for a Construction Company

I do apologise I wasn't suggesting that!, the details would suggest a higher premium but if your occupation or postcode are low risk to the insurer then the premium you have would be attainable, I note you have a second car is that with admiral too if so I'd guess it's on a multicar?.

[jontysafe]

I had to make do with a Calibra 4x4 turbo when I was 22!

[dele]

ZOLLAR said:

I do apologise I wasn't suggesting that!, the details would suggest a higher premium but if your occupation or postcode are low risk to the insurer then the premium you have would be attainable, I note you have a second car is that with admiral too if so I'd guess it's on a multicar?.

I know you wasnt, but someone out there will assume its down to mummy and daddy

Yes, my Saxo VTR is on Multicar with them, thats £600, the reason the M3 is cheap is because my excess is £2500

[ZOLLAR]

dele said:

ZOLLAR said:

I do apologise I wasn't suggesting that!, the details would suggest a higher premium but if your occupation or postcode are low risk to the insurer then the premium you have would be attainable, I note you have a second car is that with admiral too if so I'd guess it's on a multicar?.

I know you wasnt, but someone out there will assume its down to mummy and daddy

Yes, my Saxo VTR is on Multicar with them, thats £600, the reason the M3 is cheap is because my excess is £2500

Ah I see!.

[montyvr6]

At 22 I had a diesel MK2 Golf. Could only dream of a 50k car. At 23 however I did get my Civic Type R I think the insurance companies are currently making it all up for their own benefit. Direct Line wanted over 1K for me to insure an A6 1.9tdi, ok I have 6 points TS10 & SP30 but I also have 7 years no claims and am 30! Luckily I got it for much less and told them to stuff their renewal, although they where genuinely shocked I didn't want to take it and tried to persuade me it was a good deal!

[Minel]

I'm in the wrong job.... if at 22 you are able to afford to buy and run 2 cars, 1 of which a V8 M3 just for weekends.....I've done a similar thing but... at 35!
how much does a network engineer get ffs???

[celica daz]

Dele, an amazing write up. Im jealous as im 21 and have a Celica which I thought was a nice car for a 21 year old, cant see myself getting an M3 within the next year, lucky man lol

Edited by celica daz on Friday 15th April 11:49

[Lawrence5]

22yrs old I had a Fiat Cinq Sporting....... Should have sold drugs to children and got a bimmer


Good article - came across as a nice guy

[Mr Trophy]

ZOLLAR said:

dele said:

ZOLLAR said:

I do apologise I wasn't suggesting that!, the details would suggest a higher premium but if your occupation or postcode are low risk to the insurer then the premium you have would be attainable, I note you have a second car is that with admiral too if so I'd guess it's on a multicar?.

I know you wasnt, but someone out there will assume its down to mummy and daddy

Yes, my Saxo VTR is on Multicar with them, thats £600, the reason the M3 is cheap is because my excess is £2500

Ah I see!.

[Dan 87]

celica daz said:

Dele, an amazing write up. Im jealous as im 20 and have a Celica which I thought was a nice car for a 21 year old, cant see myself getting an M3 within the next year, lucky man lol

ehh?? two ages at once. Thats pretty special!

[celica daz]

Dan 87 said:

ehh?? two ages at once. Thats pretty special!

sorry typo, got the celica at 20 now 21.....back to the point, dele, jealous.

[FamilyDub]

Mr Trophy said:

ZOLLAR said:

dele said:

ZOLLAR said:

I do apologise I wasn't suggesting that!, the details would suggest a higher premium but if your occupation or postcode are low risk to the insurer then the premium you have would be attainable, I note you have a second car is that with admiral too if so I'd guess it's on a multicar?.

I know you wasnt, but someone out there will assume its down to mummy and daddy

Yes, my Saxo VTR is on Multicar with them, thats £600, the reason the M3 is cheap is because my excess is £2500

Ah I see!.

For effect:-

[Escort Si-130]

Love the right up, top class and humor lol. Love the infectious bit and no addictions come cheap.

[ZOLLAR]

FamilyDub said:

Mr Trophy said:

ZOLLAR said:

dele said:

ZOLLAR said:

I do apologise I wasn't suggesting that!, the details would suggest a higher premium but if your occupation or postcode are low risk to the insurer then the premium you have would be attainable, I note you have a second car is that with admiral too if so I'd guess it's on a multicar?.

I know you wasnt, but someone out there will assume its down to mummy and daddy

Yes, my Saxo VTR is on Multicar with them, thats £600, the reason the M3 is cheap is because my excess is £2500

Ah I see!.

For effect:-

TBH if Dele buys insurance excess insurance then there isn't much to worry about, not sure if he does though

[Dan 87]

dele said:

I know you wasnt, but someone out there will assume its down to mummy and daddy

Yes, my Saxo VTR is on Multicar with them, thats £600, the reason the M3 is cheap is because my excess is £2500

In a way that excess isn't that much. £2500 = 5.5% of car value when bought.
My excess is £550. Which is just over 9% of the £6k value of my car when bought.

Still wouldn't like to front that kinda cash after an accident though.

[BoostMonkey]

Minel said:

I'm in the wrong job.... if at 22 you are able to afford to buy and run 2 cars, 1 of which a V8 M3 just for weekends.....I've done a similar thing but... at 35!
how much does a network engineer get ffs???

You would be surprised of how many people in the early twenties have very nice cars
As long as you do your sum’s and lots of research it is amazing what you can afford.

Plus having a good job and working hard, helps too.

I’m in the same boat being a whippier snapper at 23 too

[FamilyDub]

ZOLLAR said:

TBH if Dele buys insurance excess insurance then there isn't much to worry about, not sure if he does though

What's the excess on the excess insurance.. er.. excessive?

[300bhp/ton]

Minel said:

I'm in the wrong job.... if at 22 you are able to afford to buy and run 2 cars, 1 of which a V8 M3 just for weekends.....I've done a similar thing but... at 35!
how much does a network engineer get ffs???

It's probably circumstances too. Dan I don't mean that in a nasty or bhy way either

For instance, I've got a mate. Did crap at school then worked as an apprentice mechanic. But they got a lucky break and went and worked for a family member. Huge income for most poeple, his partner earns a good wage too. So combined income is massive. Plus I suspect they might have had help with a house deposit. No debts either.

If you start on a level playing field and have a nice amount coming in each month it makes a real difference.

Edited by 300bhp/ton on Friday 15th April 12:43