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Motor Trade Insurance for 21 year old ADVICE NEEDED PLEASE

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Hello,

Im a 21 year old male, I run a import clothing company and also am looking to buy a couple of second cars a month to sell via auto trader to earn abit of extra cash.

Can anyone please advise me if I'd be able to get on a traders policy that insures to drive any car including for person use? This would be used to pick the cars up from the auction house and back to my home. Obviously the price has to be viable but if it can include my personal vehicle that I can take that into account when purchasing.

Information, recomedations are gratefully received.

Many thanks in advance for any help. :money:
Daniel

Comments

  • cyclonebri1
    cyclonebri1 Posts: 12,827 Forumite
    Ring some of the trade insurers in the back of autotrader, I don't know the answer but I bet they all work to similar rules, maybe 25 min age. I know it's more difficult to arrange insurance without premises. And be carefull with the council and the taxman.;)
    I like the thanks button, but ,please, an I agree button.

    Will the grammar and spelling police respect I do make grammatical errors, and have carp spelling, no need to remind me.;)

    Always expect the unexpected:eek:and then you won't be dissapointed
  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    And be carefull with the council and the taxman

    And with nosey neighbours who might report you for running a business from home illegally.
    I used to think that good grammar is important, but now I know that good wine is importanter.
  • harveybobbles
    harveybobbles Posts: 8,973 Forumite
    I used to pay about £90 a month for my Traders Policcy at my home address. I could have as many cars on as I wanted, but limited to £20,000 in total value.

    I only used it for the odd PX cars we got in at work that I'd do up in my own time. As our works Policy didnt cover us outside of working hours.

    John Heath Brokers in Crewe are quite good.
  • pianeet
    pianeet Posts: 518 Forumite
    we used to use tradex much the same as harvey's except it was any vehicle not registered to ourselves
    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
  • cyclonebri1
    cyclonebri1 Posts: 12,827 Forumite
    iolanthe07 wrote: »
    And be carefull with the council and the taxman

    And with nosey neighbours who might report you for running a business from home illegally.


    Exactly, which is where the council come in ;), or :shhh::silenced: ;)
    I like the thanks button, but ,please, an I agree button.

    Will the grammar and spelling police respect I do make grammatical errors, and have carp spelling, no need to remind me.;)

    Always expect the unexpected:eek:and then you won't be dissapointed
  • dacouch
    dacouch Posts: 21,636 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    pianeet wrote: »
    we used to use tradex much the same as harvey's except it was any vehicle not registered to ourselves

    Arguably the worst Insurer in the UK
  • pianeet
    pianeet Posts: 518 Forumite
    dacouch wrote: »
    Arguably the worst Insurer in the UK
    don't know ,fortunately we never had a claim
    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
  • dacouch
    dacouch Posts: 21,636 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    pianeet wrote: »
    don't know ,fortunately we never had a claim

    That was fortunate for you, if you had the chances of you recommending them are very very remote
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