My mate has just passed his test and to congratulate him, his parents bought him a car. They wanted a relatively modern one, with a small engine, so they got him an early Smart car.

He has had his liscence for about 8 months and the cheapest quote he can get (going on his parents insurance)...

£1350

 

better off on his own, thats what ive don gets you your ncb and screws the price down quicker!

 

on his own, the lowest quote is over £1500.

He's proper upset as he wants to keep it, but he can't afford to. Why is insurance so high for a Smart though?

 

£1350 isn't that bad in this day and age. however it's completely pointless paying out that for a policy in his parents name as if the insurance get even the slightest hint he's the main driver it'll be void in the event of a claim and any future insurance will be even dearer!

they'd be better off buying him a cheaper car and sticking him a grand towards the insurance.

 

insurence is allways high for new drivers!
thats good! insurence for my 1.25 51plate fez is 2.5k!

 

yeah couldnet agree more getting insurence in your fokes name just isnt a good idea

 

to be totally honest even if he drives a £200 shitter the insurance will still be over 1k its just the way it is today

 

Omg.

But why would it be so high, it's not even a 1 litre and they're cheap to repair.

Probably a good thing he got a car before me, as I had my heart set on one when I'm 17/18, I love the way it looks

 

have you never looked at insurence! its high because 17-25 year olds are the highest risk-
little experence+immature+showing off= crash!

 

he might be able to get it a little cheaper if he puts it in his name with a parent as a named driver, did that with my 1st policy all them years ago had my dad as a named driver and it knocked quite a bit off. even now with a license for 10 years, no points and 8 years ncb it's still cheaper if i put my mrs on the policy at statisticly women are safer drivers.

 

so true, i put my fokes on and it knocked £500 off so i was chuffed

 

Mate I'm not being funny but that is a decent quote for a new driver. My bro is paying £2.2k on a 2004 Fez 1.4. Even if you try and insure a £100 1.0 banger it still doesn't make much difference. Insurance are the biggest rip off merchants on the planet.

 

fair point about the showing off etc, but 2 things

1) How can you show off in a Smart that handles like a shopping trolley and has a top speed (when new) of 90.

2) Old people are more dangerous drivers and have more accidents, according to a study published in the papers a while ago

 

1) insurence companys dont think about things like that, your 17 your high risk they whack 1k on to your insurence

2)maby so but old people tend to drive slower and only damage there own car, 17-25 yo tend to drive faster and damage more cars, more cars damaged means they have to pay out more money

 

1) 90mph! My first two cars couldn't touch that, and they averaged at £2000 (yes - two thousand) a year to insure.

2) Agreed, but old people don't generally go above 40mph in any situation.


Don't have the main driver (young lad) as a named driver though, as I'm sure others have pointed out, it basically means he won't be insured at all.

 

quinn direct are good for young lads on their own policy.

 

Think they went bankrupt this week, don't know what that means for new quotes though...

 

His cant do 90, it could do 90 when new. It's proper clapped out aswell, his dad reckons it will only manage 60 at most

 

sounds about right i overtook one the otherday in the fez and my mum wasnt screaming slow down so cant have been doing more than 60

 

lol

 

If it is an early smart it will be left hand drive and insurers tend not to like that.

If it is a little later and one of the first right hand drive cars, it's just down to his age and lack of experience.

Even a smart will do some damage hitting something/someone at 60mph, especially if that is a Ferrari or a queue of people waiting for a bus, and that is the risk that the insurer has to cover.

 

Young males crash WAAAAAAYYYY more than other people, and they crash spectacularly too, not silly little parking scrapes like women and old dudes.

 

Yes, Quinn has gone into administration.
http://www.guardian.co.uk/money/2010...administration
http://www.belfasttelegraph.co.uk/br...-14754763.html

But it sounds like they should be able to trade out of this.
http://www.irishtimes.com/newspaper/...267548060.html

 

£1350 thats cheap,


My bro is 18

Passed his test in November.

Any car you like Fiesta, Clio, Corsa etc etc 1.0 or 1.1 or 1.2 depending on year and spec etc.
Any year from 80 for a fiesta to say 2003

TPFT £2800 with low mileage etc
With my mom as named driver £2500
My mom as main person and bro named £1800.

I've told him to keep the £2k for a car and £2.5k for the insurance and wait till he's 19 and buy a new car on the never never with free insurance.

 

my absolutely standard 1.4 escort was 1947 pound first year, cheapest anywhere i could find

my brother has started looking as he only has 4 months till driving and its even more for a similar car !!

 

Insurance is a right rip. But unfortunately he is best taking the pain now and building his no claims, else he is always going to encounter shitty quotes, no matter how old he is/how long he's had his license.

 

young, or new drivers are just being ripped off left,right and centre

 

there are some early corsas i think that are the lowest insurance braket there is just get one of those for about £800 and insure it third party prob be £1000.
thats what id do

 

this is the best thing to do mate did it, cost him £1600 fro car and insurence,

 

well im 21 been driving for 3 years, and on my astra coupe its costing me 1100 with 1 ncb and on my escort 1.6 its 1050

 

Agree. Having previously worked in insurance it is the case that it is the third party risk, ie the cost of smashing up other peoples stuff that young drivers do that knocks up the cost. If he hit a people carrier up the arse in traffic and all seven occupants got whiplash at 2k a pop thats 14k before they pay out for the material damage of the vehicles. Add on lost earnings, courtesy car and administration and thats a big risk to insure. Young drivers through a lack of experience will not anticipate changes in the flow of traffic etc. The ultimate top speed is irrelevant in a 40 mph zone in heavy traffic. I paid £740 for a Nova 1.2 Merit + tpft in 2000.

 

insurance on fhte feista was £600
put the wifes name on to it (she'd just passed her test) and it went down to £470

the mondeo was around £400 with business use, to remove the business use it was £600

my 3 door cost me £60 a month to insure when i was 19

i don't know how insurance companies work either

 

Don't forget, when old people crash into things they don't know about it half the time and fuck off home and then assume the cars been vandled and do nothing about it.

Benni.

 

maybe best trying getting mk1/2 fieata and getting a classic policy

 

you have to over 21 for most i think, but then its not reliable, unless you can fix cars and dont mind that part of it

1350 is a bargin for a lad, most lafds are looking at 1800 these days for a standard car, and well into 2k with a few mods

 

Not really. With the ever increasing number of 'no win no fee' ambulance chasers that money has to come from somewhere!! It's not just magic money that the courts print specially - it's our premiums, our money.

Scroungers and fake claimers are ripping us off, not the insurance companies.

 

thats cheapp mine was £1700 on my escort bonus its on my own name though

one year on and it went down to £1200

my mate whos been driving as long as me got insured under his parents n now the cars that hes looking to buy insurance is raping him up the bum

get it insured under ur own name and you will benefit in the long run!

 

it might be in the 1st year £1500 but when he gets his NCD of about 30% for one year it'll be about £1000.

Thats if insurance companys still give 30% for the 1 y NCD.

 

jesus, con? WTF lol
thats well cheap, my mate hass a 206 and his is £2500, my other mate has a old mans 1.4 astra and his is £2000, another person i no, he has a nissan micra and his is £2400 LOL!

 

I payed £900 for a 1600 in 97 so i wouldn't be surprised paying £1500-£1800 now with all the claims