18 Year Old - BMW Insurance
Discussion
Jimmy No Hands said:
I don't want to sound old. I was as eager as anyone to get into something moderately quick. But why wouldn't you run quotes before hand? I've always done that first before I considered any car.
Stop being so sensible. From my experience selling cars people don't get quotes before buying a car as on two occasions I have had people phone up days later asking if they can return the car for a refund because they can't afford the insurance. Another lad tried using the cost of his insurance on the car I was selling as a bargaining point to get money off!
I found my insurer at 22 didn't like people under 30 in BMWs, yet they were happy with me in a Civic that cost twice as much and was 5 years newer. I found I was paying just under a grand to insure a 2001 530i Sport. I'm now 24 and the last renewal was £640. All of that is with 5 or more years NCB.
I think it would have to be a very specialist insurer to insure an 18 year old on a 525D M Sport....and btw, where is it snowing in the UK atm?
I think it would have to be a very specialist insurer to insure an 18 year old on a 525D M Sport....and btw, where is it snowing in the UK atm?
lithiummedia said:
18 years old (Full UK licence - 1 year old, Decent area, Tried the whole named drivers, etc)
BMW 525D M Sport
Nearly about to cry, can't get insured from ANYWHERE.
Let the flaming and trolling commence...
Just put in some details - try moneysupermarket.com - and Elephant would do it for £6k based on a £3k, 2002 E39 525d in High Wycombe, with a student, part time fast food cook, with 40-something accountant and receptionist as named drivers.BMW 525D M Sport
Nearly about to cry, can't get insured from ANYWHERE.
Let the flaming and trolling commence...
Everyone else is £20k.
At 19, with no no claims, it'd be £5,500; with a £1k total excess, £5,200; with 1 year's no claims, £4,200; TPF&T seems to be no cheaper.
It must therefore depend on the age of the car, the occupation, and location. On a base model 2002 Fiesta, the best price would be £1,700 TPF&T with no no claims... so it's mostly the car.
Edit: eSure broker would touch "you" ... they'd just want £12,500 TPF&T or £17k fully comp; unfortunately the newer car is too rich even for Admiral. With a year's no claims at 18, RAC would take you at a "bargain" £5,300 fully comp.
Edited by CYMR0 on Monday 18th June 21:48
CYMR0 said:
Just put in some details - try moneysupermarket.com - and Elephant would do it for £6k based on a £3k, 2002 E39 525d in High Wycombe, with a student, part time fast food cook, with 40-something accountant and receptionist as named drivers.
Everyone else is £20k.
At 19, with no no claims, it'd be £5,500; with a £1k total excess, £5,200; with 1 year's no claims, £4,200; TPF&T seems to be no cheaper.
It must therefore depend on the age of the car, the occupation, and location. On a base model 2002 Fiesta, the best price would be £1,700 TPF&T with no no claims... so it's mostly the car.
Thanks. I appreciate the REAL help.Everyone else is £20k.
At 19, with no no claims, it'd be £5,500; with a £1k total excess, £5,200; with 1 year's no claims, £4,200; TPF&T seems to be no cheaper.
It must therefore depend on the age of the car, the occupation, and location. On a base model 2002 Fiesta, the best price would be £1,700 TPF&T with no no claims... so it's mostly the car.
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