Dilemma

ailuro2

Google BANGERNOMICS.....

honestly, having a car that's £2K a year just for insurance it will not be a babe magnet, having a cute little old classic that leaves a lot more money left over to actually EAT and maybe even take a girl out to dinner is MUCH more attractive.

Don't get yourself into debt for something that depreciates in price, it's a vicious circle, and even worse as you're only 19:)

detonation

when i started driving insurance was £1k a year but a lot of policies have shot up, my renewal went up by over a grand to nearly £1500 when i hadnt done anything or changed anything

Jakg

babyshoes wrote: »

Also consider doing some further driver training. The Pass Plus or IAM qualification will bring down your insurance drastically, and you will save the cost of it over the next year or three of insurance. Plus, it will make you a safer driver, which is always worthwhile!

You wont - yet to find a cheap insurer who discounts for IAM, and Pass Plus is only recognised for a year after you pass your test (or at least it is with Quinn / Aviva)


And classic insurance isn't that much of an option anymore, either, most companies have wised up and have set a 3k milage limit, or put an over-25's only clause in.

cyclonebri1

Ist bike insurance, BSA Bantam, £22 in 1968
Ist car insurance, mini, £70 in 1971


:money::money::money:

Edited to say; To keep that in context £70 was about 3 x average weekly wage back then so £1200 to £1500 in todays terms

Nixer

I know classic car insurance is a little bit cheaper for older persons but is it going to be reasonable for a 19 year old? Will they even insure a 19 year old, I thought most classic polices were for over 25s, with the odd one for over 21s? (sorry just noticed someone above mentioned this too)

I think the only way to get the insurance down is to get a cheap boring car that's not particularly the car of choice for the young 19 year old man about town (I'm thinking an old rover or something equally pants) and just don't have any crashes. It will still be high but it will come down after a year or two of accident free driving. The other option, which isn't much of an option, is to just wait until you're over 21.

misterspivvy

classic car insurance is not going to be an option. The whole point of this policy is that you are NOT going to be using it as an everyday car, so you'll have limited mileage- 3-6000k, and one of the requirements for a cheap classic policy is that you have a "normal" car to use everyday