Do I sell my banger or keep spending......

[60bhp]

Hi I've been reading these forums for a while and decided to join up today.

Just wanted a bit of advice.

I currently drive a punto and not sure whether to sell up or keep ploughing money into it.

I've held my driving licence for 8 years, and recently I was stupid and got caught on the phone, I can't complain as it was my own stupidity, and to be honest I'm glad I was pulled over rather than crashing.

Anyway I've been getting a few quotes on a few cars as well as my punto with and without my conviction code and my quotes are ridiculous, to the point where I'm thinking confused.com is broken lol

Some insurers are quoting with £3000 excess?!

I've done some quotes on my current car and the premiums have doubled with my conviction code

Now the dilemma for me is do I keep the punto and plough money into it and keep it til it dies as I'll never make the money back, or sell it now, count my losses and get something faster and use the extra money I would have spent on the punto to pay for the increased premiums on the faster car?

I know my insurance is going to be high regardless but I'm willing to cough up, so bearing that in mind if I was to sell and "upgrade" what relatively fast cars are out there that are cheapish to insure, I know fast and cheap don't go hand in hand but just wondering if there were any recommendations.

I'm on a budget of a few grand so I know not a big amount but I'm sure there is something I'd be happy with out there.

See for me personally I can't weigh up whether I should stick with the cheap to run car and polish a turd, or just be done with it and get something more "fun" to drive (though more expensive to run).

Thanks in advance.

Edited by 60bhp on Monday 9th August 21:34

Edited by 60bhp on Monday 9th August 21:34

[Ben Hughes]

[60bhp]

They say a picture is worth a thousand words.

Very good choice there, I'll have to look into that.

Shouldn't be too bad on insurance either.....

edit: Just got a few quotes and I'm still being quoted a £3000 excess anyone know why?

Some might say I should go third party anyway but fully comp is actually cheaper but the 3000 grand excess is offputting

Edited by 60bhp on Monday 9th August 22:09

[frosted]

Your insurance doubled for sp30 ? Not possible

[60bhp]

You're right an sp30 would add about 100 quid maybe depending on the insurer.

I got caught on the phone though not speeding, so got a cu80.

Something can't be right though as my quotes now have 3000 pound excesses too?!

I can't get on cnfused.com as they seem to be doing maintenance but it was the same with regards to the excess.

Edited by 60bhp on Monday 9th August 22:11

Edited by 60bhp on Monday 9th August 22:12

[Dr.Doofenshmirtz]

£3k excess?...just go TPF&T - in your case, it's the same as FC.

[60bhp]

Dr.Doofenshmirtz said:

£3k excess?...just go TPF&T - in your case, it's the same as FC.

The only thing is third party and third party fire and theft are much more expensive, I just don't get it.

What else annoys the hell out of me is I have only 3 points (the phone offence) no previous claims and my quotes are ridiculous.

Edited by 60bhp on Monday 9th August 22:16

[Ben Hughes]

I wrote this a few months back now - have a go with using all the tricks outlined and see what you get:

http://pistonheads.com/gassing/topic.asp?h=0&f...

[60bhp]

Ben Hughes said:

I wrote this a few months back now - have a go with using all the tricks outlined and see what you get:

http://pistonheads.com/gassing/topic.asp?h=0&f...

Cheers I'll take a look now.

Also can I ask if you remember what sort of excesses you were being given, see the quote of a thousand I can live with but the excess is a joke, and I refuse to pay 2 grand for third party.

Edited by 60bhp on Monday 9th August 22:24

[frosted]

How old are you ? I have a phone conviction and my premium barely moved

[60bhp]

I'm 27 so age shouldn't be an issue.

edit: I called my insurer this morning to get a few quotes on mx5s, I didn't have a reg so they tried a few various models and the 1.8 would be around 100 pound more, the 1.6 would be around 20 pound more.

Those figures are total i/.e just pay thye extra as I pay my insruance upfront, so not 100 pound a month for example as that would be shocking lol

So that's not too bad.

I'm now not so sure that these online comparison sites necessarily offer the best prices.

Edited by 60bhp on Tuesday 10th August 12:25

[60bhp]

The Crack Fox said:

60bhp said:

Dr.Doofenshmirtz said:

£3k excess?...just go TPF&T - in your case, it's the same as FC.

The only thing is third party and third party fire and theft are much more expensive, I just don't get it.

What else annoys the hell out of me is I have only 3 points (the phone offence) no previous claims and my quotes are ridiculous.

Edited by 60bhp on Monday 9th August 22:16

My MX-5 is insured with Adrian Flux on a classic limited mileage policy for less than £100. Give 'em a call.

Cheers I'll give them a try although adrian flux seem to hate me, I tried them when insuring my punto with modificatiosn as they replace like for like unlike my current insurer who will replace with standard parts, and they were 2000 more expensive.

By the way what is the mileage you have on your policy? I doubt I'll be able to get a classic policy as I'll be doing 10k miles and the car would be my daily driver.

I now have my heart set on an mx5 though

Edited by 60bhp on Tuesday 10th August 12:27

Edited by 60bhp on Tuesday 10th August 12:29

Edited by 60bhp on Tuesday 10th August 12:38

[MrV]

The Crack Fox said:

60bhp said:

Dr.Doofenshmirtz said:

£3k excess?...just go TPF&T - in your case, it's the same as FC.

The only thing is third party and third party fire and theft are much more expensive, I just don't get it.

What else annoys the hell out of me is I have only 3 points (the phone offence) no previous claims and my quotes are ridiculous.

Edited by 60bhp on Monday 9th August 22:16

My MX-5 is insured with Adrian Flux on a classic limited mileage policy for less than £100. Give 'em a call.

Bloody hell thats cheap ,I thought I was getting a deal at £200

[VladD]

60bhp said:

The Crack Fox said:

60bhp said:

Dr.Doofenshmirtz said:

£3k excess?...just go TPF&T - in your case, it's the same as FC.

The only thing is third party and third party fire and theft are much more expensive, I just don't get it.

What else annoys the hell out of me is I have only 3 points (the phone offence) no previous claims and my quotes are ridiculous.

Edited by 60bhp on Monday 9th August 22:16

My MX-5 is insured with Adrian Flux on a classic limited mileage policy for less than £100. Give 'em a call.

Cheers I'll give them a try although adrian flux seem to hate me, I tried them when insuring my punto with modificatiosn as they replace like for like unlike my current insurer who will replace with standard parts, and they were 2000 more expensive.

By the way what is the mileage you have on your policy? I doubt I'll be able to get a classic policy as I'll be doing 10k miles and the car would be my daily driver.

I now have my heart set on an mx5 though

Edited by 60bhp on Tuesday 10th August 12:27

Edited by 60bhp on Tuesday 10th August 12:29

Edited by 60bhp on Tuesday 10th August 12:38

If you go the MX5 route and join the owners club (£35 per annum) you get 15$% insurance discount with Footman James. May be worth a punt.

[MrV]

The Crack Fox said:

MrV said:

The Crack Fox said:

60bhp said:

Dr.Doofenshmirtz said:

£3k excess?...just go TPF&T - in your case, it's the same as FC.

The only thing is third party and third party fire and theft are much more expensive, I just don't get it.

What else annoys the hell out of me is I have only 3 points (the phone offence) no previous claims and my quotes are ridiculous.

Edited by 60bhp on Monday 9th August 22:16

My MX-5 is insured with Adrian Flux on a classic limited mileage policy for less than £100. Give 'em a call.

Bloody hell thats cheap ,I thought I was getting a deal at £200

TBH, I was rather pleased myself. IIRC it was £83 last year, FC for me and Mrs Fox, 2k miles PA, garaged, 3rd car, I set a very high excess as the value is <£1000 and I don't intend claiming anyway. I think it was £90 this year. They were really helpful at AF although their price for my BMW was too high and I went elsewhere for that.

Will be giving them a call at the end of the month then