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Young Marmalade Company - Any experiences?

Hi,

Went onto Martin's advice ont his site regarding insurance. He recommends for young drivers looking at young marmalde.co.uk and I wondered if anybody has had any experience of these?

The deals for the PCP on the new cars look really good, but is there a catch?

Thanks in advance

BCFC4EVA

Comments

  • hullight
    hullight Posts: 524 Forumite
    I've come accross this site before. The way I see it, you are paying for 60 months but only getting 12 months insurance. So you are going to have to renew that every year anyway. Am I wrong?
  • Wutang_2
    Wutang_2 Posts: 2,513 Forumite
    Remember - no offence but - Martin is a journalist not an adviser
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • hullight wrote: »
    I've come accross this site before. The way I see it, you are paying for 60 months but only getting 12 months insurance. So you are going to have to renew that every year anyway. Am I wrong?

    But a brand new car, plus 1 years no claims (providing you dont crash) at a hugely discounted price, which will bring young drivers insurance prices crashing down.

    Remember to budget, if you can afford the second year (paying the same amount as first + insurance) the deal is unbeatable.

    The second year worked out for me to probably cost the same as buying a second hand car and starting my own insurance with no claims. So the first year was a doddle to pay.

    Biggest tip is to save cash in the first year to put towards the second year.

    Regarding cathes, your limited to 6k miles per annum in the first year and will be charged 7p per mile after. Still awesome deal though imo
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