E36 M3 Evo insurance

E36 M3 Evo insurance

Author
Discussion

hughjayteens

Original Poster:

2,029 posts

270 months

Wednesday 22nd January 2003
quotequote all
Pondering my next purchase, and have always fancied an E36 M3 Evo.

Purchase prices are pretty good now, but my cheapest insurance quote so far is £2500!!

I am 25 with 2 yrs NCB after having a car nicked, and have a clean license.
This compares with £1500 for a Boxster 2.7 and £1380 for an M Coupe.

Any suggestions?

pdavison

1,637 posts

279 months

Thursday 23rd January 2003
quotequote all
Buy an M Coupe !

Have you tried Adrian Flux - they were competitive when I was looking. Also I've heard that Tesco are good at the moment too.

Good luck !

AJLintern

4,212 posts

265 months

Thursday 23rd January 2003
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Footman James were by far the cheapest I found (25, 1yr NCB, 3000 mile limit, Porsche 944S2 - £823)

M3EVO

1,565 posts

259 months

Thursday 23rd January 2003
quotequote all
27 years old with 2 years NCB no claims or points
1998 M3 Evo SMG Coupe £821 for restricted mileage of 3000 miles pa. Fully Comp with £350 excess.
Car is garaged and Thatcham 1.

Oh yeah.....Adrian Flux!

>> Edited by M3EVO on Thursday 23 January 11:31

>> Edited by M3EVO on Thursday 23 January 11:37

raceboy

13,151 posts

282 months

Thursday 23rd January 2003
quotequote all

M3EVO said: .....restricted mileage of 3000 miles pa.

You don't use it a great deal then? Wouldn't it be cheaper just to hire a car when you needed one?

hughjayteens

Original Poster:

2,029 posts

270 months

Thursday 23rd January 2003
quotequote all
I do 12000 a year, live in central london, and the car is parked on the street..

That M Coupe quote looks bloody good actually now!!

pdavison

1,637 posts

279 months

Thursday 23rd January 2003
quotequote all
There's a few for sale in the classifieds as well. The white one is still for sale by the way (and no, it's not mine).

M3EVO

1,565 posts

259 months

Thursday 23rd January 2003
quotequote all

raceboy said:

M3EVO said: .....restricted mileage of 3000 miles pa.

You don't use it a great deal then? Wouldn't it be cheaper just to hire a car when you needed one?


I s'pose!
Most hire companies wont touch under 30's on such vehicles.
I tried to hire a Ferrari 360 for my wedding day and was denied for this reason.
Besides I dont think hire companies would take too kindly to aftermarket mods.
I use it for sunny weekends, trips to Le Mans and Nurburgring, etc.
I have a company car for commuting.
I suppose its like many other people on this website who use their cars just for weekend pleasure.
My car is a luxury which I dont feel obliged to justify.

raceboy

13,151 posts

282 months

Thursday 23rd January 2003
quotequote all
Quite fancy one of these myself, when I need a sensible car , I'm always having a go at my old man for only using his B3 to go to the shops in once a week
And if you want insurance problems try insureing a B3, every insurance telesales numpty you call say's 'don't you mean an M3, B3 is not on my computer?'

M3 DAYTONA

5 posts

257 months

Thursday 23rd January 2003
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ADRIAN FLUX,IDONT THINKSO HAVE A GO WITH ELEPHANT . COM ONLY THING IS YOU HAVE TOO PAY IN ONE LUMP BUT IT WAS THE CHEAPEST I FOUND

gemini

11,352 posts

266 months

Friday 24th January 2003
quotequote all
Pians me though to say it have you tried the bmw club of great britain then use their insurance recommendations
www.bmwcarclubgb.co.uk/indexfiles/mainfram.html
good luck - great car - took an evo convertible in dakar yellow out for a t.d - wow - also want one when my garage is big enough for 5 cars!

grey42cerbie

415 posts

268 months

Friday 24th January 2003
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Don't laugh TESCO was very cheap for me (35,5 years NCD, warks £670) and you can get a quote on-line.

Cheers, Steve
E36 M3 EVO

douglasr

1,092 posts

274 months

Friday 24th January 2003
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You dont fancy another TVR then ?

I would buy the Mcoupe over the M3 any day - a future classic...

danp

1,605 posts

264 months

Friday 24th January 2003
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Yeah go for the M Coupe..for some reason a lot less to insure than M3 (my quotes were over a grand less as well). Guess insurers calculate the drivers of M3's are a higher risk, and car more likely to be pinched.

I always fancied an M3 but M Coupe's are now more affordable, rarer and more unusual. And unlike an M3 no-one will think you're in a 316i with big wheels!

elephant were good for me, and many of my friends.

malbon

280 posts

263 months

Saturday 25th January 2003
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25k for a 3 year old sooped up hatchback on an old 3 series chassis ? no ta very much.

Nice engine/performance granted. But were talking Boxster/Tuscan money.

For 15k - yep. i'll think about.

ascender

152 posts

273 months

Saturday 25th January 2003
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Have you tried Elephant? They have always been the cheapest for me although you have to pay the premium in one go.

-Mike.

hughjayteens

Original Poster:

2,029 posts

270 months

Sunday 26th January 2003
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Those quotes were all with Elephant.

Tesco was very similar.

I would love an M Coupe but the purchase prices is just a little too high at the moment...

danp

1,605 posts

264 months

Sunday 26th January 2003
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You can get em for under £20k, which will buy you a 1997 P Boxster with 50k and 130bhp less - know which I'd prefer personally ! Ref any TVR - from all that I've seen on various forums not much use if u need a car as transport !


25k for a 3 year old sooped up hatchback on an old 3 series chassis ? no ta very much.

Nice engine/performance granted. But were talking Boxster/Tuscan money.

For 15k - yep. i'll think about.


Keifer

7 posts

268 months

Monday 27th January 2003
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Know of a great M Roadster which might be for sale circa £22k - you interetsed?

schueymcfee

1,574 posts

267 months

Monday 27th January 2003
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danp said: Yeah go for the M Coupe..for some reason a lot less to insure than M3 (my quotes were over a grand less as well). Guess insurers calculate the drivers of M3's are a higher risk, and car more likely to be pinched.

I always fancied an M3 but M Coupe's are now more affordable, rarer and more unusual. And unlike an M3 no-one will think you're in a 316i with big wheels!

elephant were good for me, and many of my friends.


Maybe so, but if I pulled up to a restaurant in an M Coupe they would wonder what kind of bread I was delivering!


Sorry! I'll get me coat