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How much to put for car value?
Storm
Posts: 1,749 Forumite
I bought a brand new Hyundai i20 at the end of March & just changed my existing policy as I knew I was coming up to the magic 4 years no claims.
So, I'm checking around for the best deal, but am a bit stuck on what to put for the value of the car. As it's so new I can't find any for sale second hand to compare, and I believe that within the first year most insurers pay the full list price anyway. So do I put the list price, or knock off the couple of thousand that went as I drove out of the dealers?
I don't want to put a lower price that means I won't get the proper value back if the worst happens, but the full list price does obviously add to the premiums I'm getting quoted!
Thanks for any help :-D
So, I'm checking around for the best deal, but am a bit stuck on what to put for the value of the car. As it's so new I can't find any for sale second hand to compare, and I believe that within the first year most insurers pay the full list price anyway. So do I put the list price, or knock off the couple of thousand that went as I drove out of the dealers?
I don't want to put a lower price that means I won't get the proper value back if the worst happens, but the full list price does obviously add to the premiums I'm getting quoted!
Thanks for any help :-D
Total Debt 13th Sept 2006 (exc student loan): £6240.06 :eek:
O/D 1 [strike]£1250 [/strike]O/D 2 [strike]£100[/strike] Next a/c [strike]£313.55[/strike]@ 26.49% Mum [strike]£130[/strike] HSBC [strike]£4446.51[/strike]@15.75%[STRIKE]M&S £580.15@ 4.9%[/STRIKE]
Total Debt 30th April 2008: £0 100% paid off!
PROUD TO [STRIKE]BE DEALING [/STRIKE] HAVE DEALT WITH MY DEBT
O/D 1 [strike]£1250 [/strike]O/D 2 [strike]£100[/strike] Next a/c [strike]£313.55[/strike]@ 26.49% Mum [strike]£130[/strike] HSBC [strike]£4446.51[/strike]@15.75%[STRIKE]M&S £580.15@ 4.9%[/STRIKE]
Total Debt 30th April 2008: £0 100% paid off!
PROUD TO [STRIKE]BE DEALING [/STRIKE] HAVE DEALT WITH MY DEBT
0
Comments
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go on glasses guide. best place but normaly lose 2-3k in the first year0
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I can't imagine it will make a great deal of difference. Either to your premium or the settlement in the event of a total loss.0
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