Trader at 20?

[Viperz43]

hi, im 20, from birmingham, n jus passed got ma license at few days ago
rumour has it that i can get a traders policy at my age, n can drive any car upto £10grand value,
is that true, and which insurer is the best for traders at my age?

[Big Al.]

Hi and welcome,

BTW, please don't use txt speak on the forums.

[Rob.]

If you can get a traders policy at your age expect an insurance company to have more than just the shirt off your back. You are a trader I assume, despite your age?

[cheeky_chops]

I was told about this by my mate.... 18 years ago!! i doubt it worked then either

[pikeyboy]

most trade policies have v large excess and only allow you to drive vehicles not registered to you and at your age may well put an engine size limit on your policy say 2 ltr.

[redgriff500]

Try Tradex... but if you have a claim and can't demonstrate trading you are in trouble.

[Viperz43]

1st of all.
since what i wrote in the begininng has no effect on some peoples brain, so im gonna have to write it all again, and i wasn't quite clear of the infomation i require...

I'm 20 years old, and just got my drivers license last month, i have a thing for e30 bimmas, and would love to buy/sell em.
The info that i'm after is that, can i get a traders policy at my age and im looking for a policy with upto £7500 value, or do i have to wait a year, till im 21?, i'm from birmingham and have a few rumours that you can get traders as early as your 18, but come on, they're rumours, some time people chat it abit?.

p.s., i been on tradex, they min age is 25

[redgriff500]

With that attitude you're going to go far...






The further from me the better.

Edited by redgriff500 on Wednesday 21st January 17:30

[pikeyboy]

Viperz43 said:

1st of all.
since what i wrote in the begininng has no effect on some peoples brain, so im gonna have to write it all again, and i wasn't quite clear of the infomation i require...

I'm 20 years old, and just got my drivers license last month, i have a thing for e30 bimmas, and would love to buy/sell em.
The info that i'm after is that, can i get a traders policy at my age and im looking for a policy with upto £7500 value, or do i have to wait a year, till im 21?, i'm from birmingham and have a few rumours that you can get traders as early as your 18, but come on, they're rumours, some time people chat it abit?.

p.s., i been on tradex, they min age is 25

I reckon you'll be able to buy plenty of them very cheaply but doubt you'll sell many on or make any money on them.