A brief snapshot of the insurance market for a 23 year old

[Switch`]

It's a slow day at work today (hah, well, as slow as I wanted it to be) so being a Petrol head I went and browsed the 'fides for my next potential motor (with Your favoite insurance comparison website open in the background)
I thought i'd share the results with you...
I'm 23, Licence for 5 years, relatively good postcode, 1years NCB, yadayada.

BMW 740i (damned Barge Threads!) - £3400
BMW 735 I SE AUTO. - £1200
Suzuki Cappuccino (current motor) - £957
TVR 390 SE CONVERTIBLE - £1280
TVR CHIMAERA CONVERTIBLE - £2000
MAZDA RX-8 (190) COUPE - £1000
MAZDA RX7 (TURBO INJ). - £1400
MAZDA MX-5 CABRIOLET (130BHP) (Mk1 1.8) - £750
MAZDA MX-5 CABRIOLET (Mk2 1.8) - £750
NISSAN 200 SX TURBO AUTO - £1050
PORSCHE 944 - £1350
LANDROVER Defender 90 SWB TURBO DIESEL - £550
TOYOTA MR2 (Mk2 Turbo) - £850


Edit - Added some Typical young driver cars

Nissan Micra S 2000 998cc Three Door - £550
2009 09 Reg FORD FIESTA 1.6 ZETEC - £650

Edited by Switch` on Monday 28th March 14:45

Edit - All Fully Comp

Edited by Switch` on Monday 28th March 15:35

[Spanna]

How much do you currently pay for insurance?

[trickywoo]

The MR2 quote stands out as good value.

[trickywoo]

Spanna said:

How much do you currently pay for insurance?

£957 at a guess

[RedWhiteMonkey]

Landrover quote seems reasonable. I'd go for that and move onto something else once you get past 25.

[Dan_1981]

Out of all at lot only the 740 makes me go "ouch"

I thnk the rest are reasonable for an under 25 yr old one what are not exactly run of the mill cars.

If those quotes all came from a comparison engine you can probabaly get that down quite a bit too using specialists.

[anonymous-user]

I'd have the RX-7 because that's how I role!
Love Jap metal.

[RedWhiteMonkey]

Why is the price for the Suzuki Cappuccino so high? Are parts expensive or difficult to get hold of?

[Spanna]

trickywoo said:

Spanna said:

How much do you currently pay for insurance?

£957 at a guess

He said that was a quote from the comparison site, so I guess he's saying the quote is ridiculous.

[Switch`]

Spanna said:

trickywoo said:

Spanna said:

How much do you currently pay for insurance?

£957 at a guess

He said that was a quote from the comparison site, so I guess he's saying the quote is ridiculous.

That's a fair question.
I currently pay just shy of £1000 for my cappuccino (with a provider not on the comparison website) They were cheaper at renewal time.

RedWhiteMonkey said:

Why is the price for the Suzuki Cappuccino so high? Are parts expensive or difficult to get hold of?

They are hard to get hold of. Being as they've not been made since 1997 and only 500 left on the road in the UK.
And they are Group 13
Due to turbo and RWD and convertible...

[collateral]

The difference between the 735 and the 740 seems pretty nonsensical to me. With a debadge who'd know the difference?

[Switch`]

collateral said:

The difference between the 735 and the 740 seems pretty nonsensical to me. With a debadge who'd know the difference?

Well the 740 does have a V8 instead of the |6

[RobCrezz]

The Crack Fox said:

Given it's the one most likely to end up backwards in a hedge, yes, so good it makes me think the quote is wrong...

I doubt it, MR2 tubbys are very reasonable to insure, especially considering they are imports. I used to insure mine when I was 23/24 with all mods declared (running 300bhp) for about £650, a couple of years ago.

[Switch`]

The Crack Fox said:

trickywoo said:

The MR2 quote stands out as good value.

Given it's the one most likely to end up backwards in a hedge, yes, so good it makes me think the quote is wrong...

there were at least 3 companies at that price (same underwriter I'd assume)
and a few around £1000~

[anonymous-user]

That make make my insurance sounds pretty good; BMW 323ci FC £725 for a 21 year old with 4 years no claims.

[ShiggyBiggs]

Those are all fairly cheap looking too me.

[dvance]

Most of the quotes are quite reasonable from what I've been paying since moved to the UK

[anonymous-user]

RobCrezz said:

I doubt it, MR2 tubbys are very reasonable to insure, especially considering they are imports. I used to insure mine when I was 23/24 with all mods declared (running 300bhp) for about £650, a couple of years ago.

Yep, I went from TPFT on a diesel Cavalier, to FC on a 1990 MR2 GTi, and my premium went down by £200. Go figure...

[collateral]

Switch said:

collateral said:

The difference between the 735 and the 740 seems pretty nonsensical to me. With a debadge who'd know the difference?

Well the 740 does have a V8 instead of the |6

True, but is there really that much performance difference? It's still a lardy slushmatic barge

eta apparently the character in your username makes it unquotable

Edited by collateral on Monday 28th March 15:48

[Godzuki]

The Crack Fox said:

Given it's the one most likely to end up backwards in a hedge, yes, so good it makes me think the quote is wrong...

Well, being a RWD, mid engined, high power car, it will need to be driven quickly, but only tools put them into hedges. Certainly not that tail happy, and I've had 2 of them.