Discussion
Afternoon All
Just sold my Z3m coupe and tuck a e36 m3 in part ex on the sale.
My insurance was £630 on the coupe. For the M3 my insurance want another £750 on top of this which i think is rediculous.
Im 26 with 3 years no claims with no good driver points, can any one recomend some cheap insurance companys ?
I will struggle to do 6000 miles in it each year as i walk to work.
Cheers
ADz
Just sold my Z3m coupe and tuck a e36 m3 in part ex on the sale.
My insurance was £630 on the coupe. For the M3 my insurance want another £750 on top of this which i think is rediculous.
Im 26 with 3 years no claims with no good driver points, can any one recomend some cheap insurance companys ?
I will struggle to do 6000 miles in it each year as i walk to work.
Cheers
ADz
Adz350z said:
Cheers will give them ago
I'd be interested to hear how you get on with this. Currently drive a 330 (for reference), switching to a Z3M would be £100 cheaper whilst an E34/36/46M would be £650 more and an E39M £900 more.As far as I can work out, must be down to stats, more M3/M5s stolen or written off than Z3Ms (obviously due to numbers but thats insurance).
Certainly made a difference for me 
On confused when I was 26 I did a quote on an e46 m3 with my correct birthday then did another as if I was 27 and the difference was significant.
For a laugh I also tried to think of the most high risk car and went for an escort rs turbo and the cheapest quote I could get was 3k! It was 3 times more than the m3 quote with half the performance just shows you it is all just about the stats.
On confused when I was 26 I did a quote on an e46 m3 with my correct birthday then did another as if I was 27 and the difference was significant.
For a laugh I also tried to think of the most high risk car and went for an escort rs turbo and the cheapest quote I could get was 3k! It was 3 times more than the m3 quote with half the performance just shows you it is all just about the stats.
Edited by leeson660 on Thursday 12th July 00:34
Ignore the confused sites....actually phone the companies direct and the quotes will be significantly less ime Also to add BMW M cars are one of the hardest vehicles to get a decent quote on from what I found. The reason for me not getting an e46 m3 was simply the rediculous fuel and insuranc costs for what it is
try sky insurance
Also to add BMW M cars are one of the hardest vehicles to get a decent quote on from what I found. The reason for me not getting an e46 m3 was simply the rediculous fuel and insuranc costs for what it istry sky insurance
Honestherbert said:
Ignore the confused sites....actually phone the companies direct and the quotes will be significantly less ime Also to add BMW M cars are one of the hardest vehicles to get a decent quote on from what I found. The reason for me not getting an e46 m3 was simply the rediculous fuel and insuranc costs for what it is
try sky insurance
O/T but they aren't as heavy on fuel as you might think. They are actually pretty good. Also to add BMW M cars are one of the hardest vehicles to get a decent quote on from what I found. The reason for me not getting an e46 m3 was simply the rediculous fuel and insuranc costs for what it istry sky insurance
Honestherbert said:
Ignore the confused sites....actually phone the companies direct and the quotes will be significantly less ime Also to add BMW M cars are one of the hardest vehicles to get a decent quote on from what I found. The reason for me not getting an e46 m3 was simply the rediculous fuel and insuranc costs for what it is
try sky insurance
All down to opinion of course but personally I think 25mpg (mixed normal driving) and under 1k insurance for a 340bhp 170mph 3.2 n/a rwd //m coupe is pretty bloody good Also to add BMW M cars are one of the hardest vehicles to get a decent quote on from what I found. The reason for me not getting an e46 m3 was simply the rediculous fuel and insuranc costs for what it istry sky insurance
I used Performance Direct for my E36. Good premium, but as it was a classic policy, i didnt build any NCB. Also, make sure you declare any mods or alterations to the car. They request pictures and in some cases inspect the vehicle. Cost me an extra £ 60.00 for not declaring the wheels had been changed.
jonnydm said:
I'd be interested to hear how you get on with this. Currently drive a 330 (for reference), switching to a Z3M would be £100 cheaper whilst an E34/36/46M would be £650 more and an E39M £900 more.
As far as I can work out, must be down to stats, more M3/M5s stolen or written off than Z3Ms (obviously due to numbers but thats insurance).
Yes the z3m's are abit of a dark horse on the insurance. Its silly as i was fare more likely to smash that up than the m3 it was far more twitchy in the bends. As far as I can work out, must be down to stats, more M3/M5s stolen or written off than Z3Ms (obviously due to numbers but thats insurance).
Im with admiral at the moment as they always come up trumps. Im 27 next month so i have frigged it so im 27.
£1303.97 on my own
£1122.00 with my girlfriend as a second driver. Stated that the car is left on the street. It isnt, its behind a locked gate in a secuire garage. If i state its kept in a garage the premium changes to .............................................. £1454 ! ! !
What a joke, apparently people who have there car in a garage have more crashes i've been told !
Adz350z said:
jonnydm said:
I'd be interested to hear how you get on with this. Currently drive a 330 (for reference), switching to a Z3M would be £100 cheaper whilst an E34/36/46M would be £650 more and an E39M £900 more.
As far as I can work out, must be down to stats, more M3/M5s stolen or written off than Z3Ms (obviously due to numbers but thats insurance).
Yes the z3m's are abit of a dark horse on the insurance. Its silly as i was fare more likely to smash that up than the m3 it was far more twitchy in the bends. As far as I can work out, must be down to stats, more M3/M5s stolen or written off than Z3Ms (obviously due to numbers but thats insurance).
Im with admiral at the moment as they always come up trumps. Im 27 next month so i have frigged it so im 27.
£1303.97 on my own
£1122.00 with my girlfriend as a second driver. Stated that the car is left on the street. It isnt, its behind a locked gate in a secuire garage. If i state its kept in a garage the premium changes to .............................................. £1454 ! ! !
What a joke, apparently people who have there car in a garage have more crashes i've been told !
It's also much more likely to be nicked.
That's why it costs so much more to insure.
Soovy said:
Simple fact is that stastistically the Z3M is owned and drvien by careful enthusiasts, but the M3 is sometimes driven by yobbos who can't drive.
It's also much more likely to be nicked.
That's why it costs so much more to insure.
that is a quite laughable statement really, I've seen plenty of bad driving by people in both types of car - but I am very sure there are lots of other reasons - for example, the M3 has 4 seats and hence double the potential for personal injury claims if there is an accident, remember that if the other driver is not insured then your insurance company picks up the bill for these claims.It's also much more likely to be nicked.
That's why it costs so much more to insure.
"What a joke, apparently people who have there car in a garage have more crashes i've been told !"
The most common way of stealing cars is to break into the house and find the keys. If the car is parked on the street the tea leaf does not know which house to break into to get the keys.
If your car is stolen by a thief who has taken the keys from the house you may have difficulties in claiming.
The insurance company does not care if your car suffers a few hundred pounds of vandalism as a result of being on the street. It would not be worth claiming for that damage.
The most common way of stealing cars is to break into the house and find the keys. If the car is parked on the street the tea leaf does not know which house to break into to get the keys.
If your car is stolen by a thief who has taken the keys from the house you may have difficulties in claiming.
The insurance company does not care if your car suffers a few hundred pounds of vandalism as a result of being on the street. It would not be worth claiming for that damage.
waremark said:
"What a joke, apparently people who have there car in a garage have more crashes i've been told !"
The most common way of stealing cars is to break into the house and find the keys. If the car is parked on the street the tea leaf does not know which house to break into to get the keys.
If your car is stolen by a thief who has taken the keys from the house you may have difficulties in claiming.
The insurance company does not care if your car suffers a few hundred pounds of vandalism as a result of being on the street. It would not be worth claiming for that damage.
That is an interesting point - but not entirely true. Surely the worst case then is if you park the car on the drive, so they can see it and know which house it belongs to, that must be the most expensive case? My car is kept in the garage and unless they have some secret M3 detector then they cannot know it is there - and yes I am paranoid and check I am not followed home The most common way of stealing cars is to break into the house and find the keys. If the car is parked on the street the tea leaf does not know which house to break into to get the keys.
If your car is stolen by a thief who has taken the keys from the house you may have difficulties in claiming.
The insurance company does not care if your car suffers a few hundred pounds of vandalism as a result of being on the street. It would not be worth claiming for that damage.
x5x3 said:
That is an interesting point - but not entirely true. Surely the worst case then is if you park the car on the drive, so they can see it and know which house it belongs to, that must be the most expensive case?
Good point, but probably not taken into account by insurers. From trying out different quotes, I think Admiral charge the same for street or communal garage, and the same higher price for drive or private garage. Interesting, currently have a clio sport, 3yrs no claims, 30yrs old, no points or convictions, garaged etc but i live in a really bad area of london and im paying £1500.
So decided to keep it at my aunts just outside of london, £800 drop.
Crazy!!
Getting quotes for an M3 now and they want £1100 if kept out of London overnight, If keeping it overnight in London im seeing quotes for £2900.
Also convert is cheaper then coupe to insure. For me anyway!
Not sure why!!
So decided to keep it at my aunts just outside of london, £800 drop.
Crazy!!
Getting quotes for an M3 now and they want £1100 if kept out of London overnight, If keeping it overnight in London im seeing quotes for £2900.
Also convert is cheaper then coupe to insure. For me anyway!
Not sure why!!
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