Car insurance for lease cars

Car insurance for lease cars

Author
Discussion

m1kelss

Original Poster:

2 posts

35 months

Tuesday 22nd June 2021
quotequote all
I'm currently looking at ordering a new car, and it looks like leasing is going to be the better option for me.
Unfortunately, however, when I do a car insurance quote, the price goes up significantly when I say that the car owner and registered keeper will be the leasing company (as opposed to it being myself).

For a spot of context, I'm 21 and the car I'm looking at is a Mk8 Golf R (I know, pushing it a bit). Non-telematics insurance quotes start at £968 if I put myself as the owner/registered keeper, but when this is set as the lease company it goes up to £1058. Some days this gap is larger, and it also depends on the comparison site.

Can anyone give some advice, perhaps insurers to try, in order to get the premiums down? Fully aware it'll never be a 'cheap' car to insure for someone my age smile

Also as a side note, any idea why the price has gone up after moving house? No longer on a housing estate, moved to a tiny village of about 5/6 houses in the middle of nowhere.

Thanks!

m1kelss

Original Poster:

2 posts

35 months

Tuesday 22nd June 2021
quotequote all
Alex Z said:
I wonder if this is the monthly cost rather than annual?
Thankfully it is the annual cost - I would’ve parked the idea of getting this car if it was monthly!