Kit car for a 20 year old

[4nonymous]

EG:

http://cgi.ebay.co.uk/WESTFIELD-GREE...item2a06572...

( First thing I saw on ebay )

Is there any chance of being able to insure a 20 year old on this ? Chap has been driving for 3 years and has 3 NCBs.

Also, any very very rough estimates on price?

Edited by 4nonymous on Sunday 18th April 21:04

[yazza54]

Link doesn't work, I'm 19, currently insured on a GTM Libra VVC with Adrian Flux... So I'd imagine so.

Why not just get a quote?

Edited by yazza54 on Monday 19th April 12:16

[Paul Drawmer]

4nonymous said:

EG:

http://cgi.ebay.co.uk/WESTFIELD-GREE...item2a06572...

( First thing I saw on ebay )

Is there any chance of being able to insure a 20 year old on this ? Chap has been driving for 3 years and has 3 NCBs.

Also, any very very rough estimates on price?

Edited by 4nonymous on Sunday 18th April 21:04

I think you are getting confused, does this look like an insurance site?
Buy a kit car, enjoy owning it, but do your own insurance quotes.

[Steve_D]

4nonymous said:

Is there any chance of being able to insure a 20 year old on this ? Chap has been driving for 3 years and has 3 NCBs.

Also, any very very rough estimates on price?

Yes it can be done but you will need to go through a specialist kitcar broker as the mainstream companies will not know what a kitcar is.

A kitcar mag will give you a selection of suitable companies.

Steve

[Chris71]

Paul Drawmer said:

I think you are getting confused, does this look like an insurance site?
Buy a kit car, enjoy owning it, but do your own insurance quotes.

A bit harsh I feel! I don't know how old you are Paul, but insurance on anything remotely sporty can be a huge headache for anyone under, well, under 30 really... certainly under 25. Unless you happen to know about the specialist insurers already it may well seem like a forlorn hope.

Anyway...

OP, Don't bother with the mainstream insurance companies. Google for kit car insurers. Off the top of my head a few to look for are:

Footman James
Adrian Flux
MSM
Competition Car Insurance

Things have got harder since then, but I was 19 when I got my first kit (8 years ago) and the premiums were dramatically lower than even the most basic production car. The problem won't be the price it'll be the acceptance criteria; if you find a specialist company who will still insure a 19 year old the premium will probably be cheaper than a basic hatchback. My first year was £330 back when a basic Mini or Fiesta would have set me back about £700 pa.

[MKnight702]

Kit car insurance is great, just had a quote for my XI for £135! I don't think I have ever paid less.

In comparison my last kit was a Marlin Roadster fitted with a 3.5 V8, insurance on a like for like basis was £100 cheaper than the Mazda 323 1.5GLXi, nope I didn't understand either.

You do need to talk to a specialist, Sure Term, Adrian Flux, Footman James and the like, but compared to the quotes for ~£2K some people are getting for a warmed over Eurobox you will be laughing, and the driving/owning experience will be streets ahead.

Ditto classic cars. My first car was a Triumph Spitfire that cost £1,500, insurance was £300. Compare this to the Golf 1.1L that I looked at, £800 to buy, £800 to insure. Admittedly this was 20 years ago but things don't seem to have changed.

[BrewsterBear]

Chris71 said:

Things have got harder since then, but I was 19 when I got my first kit (8 years ago) and the premiums were dramatically lower than even the most basic production car. The problem won't be the price it'll be the acceptance criteria; if you find a specialist company who will still insure a 19 year old the premium will probably be cheaper than a basic hatchback. My first year was £330 back when a basic Mini or Fiesta would have set me back about £700 pa.

Indeed, I had a GTM Coupé when I was 18. It had the 1275 MG Metro A series lump in it and it cost £200 less than a standard Mini 1000 to insure. I think it was around £400, but this was 10 years ago.

[singlecoil]

I believe whether or not you run another car, and the mileage you are going to do in the kit car, are issues as far as insurance is concerned?

[Chris71]

singlecoil said:

I believe whether or not you run another car, and the mileage you are going to do in the kit car, are issues as far as insurance is concerned?

They certainly can be, yes (as can whether or not its garaged, commuting restrictions and so on), but it's not always the case - the first kit I had was run for several years as an only car, parked outside and driven on a full SDP and commuting policy. The only thing it didn't do was accru no claims bonus.