Cheapest vehicle to run ALL-IN (Absolute minimum cost)

[dibbers006]

The initial message was deleted from this topic on 18 December 2023 at 10:10

[LeoZwalf]

What sort of budget are you looking at to buy the vehicle?

[MX7]

Could you buy a moped scrapper, then leave it in the garden to rot away?

[Caulkhead]

Get an old Series Land Rover. Costs peanuts to insure and service, parts are next to nothing and unless you buy a complete dog, a £1000 LR will always be worth £1000. Just make sure it's SWB, fairly standard and petrol engined.

The only downside is you'll probably get quite attached to it and start using it all the time and then suffer with the 20mpg issue, but hey, you nothing's perfect is it?

[thinfourth2]

Anything other then a classic policy will cost you about 200 a year

Is it worth spending that much to keep your no claims bonus?

[DanB7290]

Fiat Seicento/Cinquecento? I'm 21 and can get insured on one for under £250, my parents can insure one with just the two of them on the policy for under £100. My old Sporting was £160 a year on tax, although you could get that cheaper by buying a pre-2001 car (mine was 03), can be bought cheap as chips (£500 for the car), easy and cheap repairs (a new radiator with all ancillaries cost me £45, took half an hour to fit), and you'll easily get 45mpg+ with normal driving (overlook the fact I used to get 30-35, I was 17 and hammered it everywhere, plus it had a leaky fuel tank, but again a cheap fix. eBay, 99p for a replacement!).

[Sinatra21]

Shirley just swapping your insurance to none classic would be the cheapest option.

[falkster]

Buy a proper snotter off eBay for 47p then stick in on the drive but Sorn it. Insure for 3rd party only (depending how much cheaper than comp it is), annual miles of less than 1,000 (if you say none then they might think you're dodgy).
Job done!

[LeoZwalf]

Something like this?

http://www.autotrader.co.uk/classified/advert/2012...

You can just search autotrader, put the maximum price as 500 quid and take a look through the results. Annoyingly though there are loads of ads in there with very low prices which is not actcually the purchase price so you have to wade through the rubbish.

[Fox-]

Your NCB wont expire for 2 years, and unless you are 18 years old then really you over-estimate its value anyway. Not worth paying £200 a year to keep.

[Buff Mchugelarge]

peugeot 106 1.5 deisel.
Motoring doesn't come much cheaper!
They're VERY basic but can be good fun to drive and eminently chuckable

ETA: if your not going to use it an old banger with a HG failure or something?

[Prof Prolapse]

dibbers006 said:

A bike of some sort?

Moped/small bike.

£300 to buy.
£40 to tax.
£60 to insure.
100mpg.

CBT is £120, lids start at £40.

That's the future.

[Fats25]

MX7 said:

Could you buy a moped scrapper, then leave it in the garden to rot away?

For some reason bike and car no claims policies are not (generally) transferable. A bit of a con as if you have a car accident, you have to declare on bike policy and vice versa, but you cannot use your existing no claims from bike to car.

[MX7]

dibbers006 said:

Vague idea of cost to Insure a Moped?

Sorry, I have no idea. I only suggested it because there was a story years ago about someone buying one at 16, insuring it, storing it, and started off their driving at 17 with one year NCB.

Never owned a bike in my life!

[MX7]

Fats25 said:

For some reason bike and car no claims policies are not (generally) transferable. A bit of a con as if you have a car accident, you have to declare on bike policy and vice versa, but you cannot use your existing no claims from bike to car.

Oh! That really makes no sense to me.

[Liquid Knight]

Rover 213S?

Car no-claims can be tranfered to a bike but not vise versa.

You could get a policy on the other halves car instead. That way you don't need to buy and run anything.

[Prof Prolapse]

Re: Bike insurance NCB. To be fair riding a bike is a very different experience to driving a car.

Also if you can't avoid binning your car you've got fk all chance on a bike.

Edited by Prof Prolapse on Tuesday 17th January 12:41

[DeadMeat_UK]

I have an old (1970ish) 2 door Range Rover.

If you cover the cost I'd get from a scrappy and can cart it away from Essex, it's yours.

[Dog Star]

Could you try insuring something totally ficticious - an F reg one litre Citroen AX. Invent a reg number or look in a scrappy for some group 1 write off.

You will never ever make a claim, so it doesn't matter that it's not taxed (or exist). All that happens sometime in the future is that you ask for and are given proof of NCB. The insurer will check that the proof is real and that the policy was real - but really check that the vehicle they have been taking money off you for is real?

[muthaducka]

I would just insure another family car through another policy. I know it's probably not 'allowed' but if your policy isn't going to be called on then why not..

Failing that , could you insure your classic, giving a false value of £500, third party, covering the minimum miles per year, garaged etc and then just park that policy?

Just some ideas.