car ins for a 17yr old

Gloomendoom

Pew_Pew_Pew_Lasers! wrote: »

Doesn't he have a job? £4,000 isn't a lot of money for someone who, presumably, is living at home and working.

:eek:

I live at home and work. £4,000 for car insurance would make me cry too!

giraffe69

I'm going to take my test soon.
If I pass I'll want a car.
I can get a Fiesta 1.4
Perhaps I had better check out insurance rates on this and other cars before I get it.
This isn't so hard is it and as others have said there are likely to be reductions on that absurd total possible without resorting to fronting.

maninthestreet

Pew_Pew_Pew_Lasers! wrote: »

Doesn't he have a job? £4,000 isn't a lot of money for someone who, presumably, is living at home and working.

£4,000 is a lot of money, even if the 17 year-old is working - how could they save up that sort of money even if they had been working since the day they turned 16??

motorguy

Gloomendoom wrote: »

I do sympathise, but I think there would be an outcry if passing the driving test was dependant on a means test.

Its all relative though. Its considerably faster than the 1.25 which is slug slow.

Thats why the 1.4 versions of the fiesta / clio etc tend to be cheaper than the 1.2 versions - because young people cant insure them.

The O/P's son should really have checked insurance premiums before investing in that car though.

motorguy

Pew_Pew_Pew_Lasers! wrote: »

Doesn't he have a job? £4,000 isn't a lot of money for someone who, presumably, is living at home and working.

Thats £80 a week after tax that he would have to have been saving from he turned 16 to have that sort of money now.

Very unlikely.

motorguy

The problem is the car.

Insurance on the lowest grouped cars should come in at around £2000 ish. Still a massive amount of money, but 1/2 what hes being quoted.

Running_On_Empty

giraffe69 wrote: »

I'm going to take my test soon.
If I pass I'll want a car.
I can get a Fiesta 1.4
Perhaps I had better check out insurance rates on this and other cars before I get it.
This isn't so hard is it and as others have said there are likely to be reductions on that absurd total possible without resorting to fronting.

Don't forget to look at the running costs of owning a car, too. Running costs includes road fund tax, petrol or diesel fuel, MOT and routine repairs and maintenance which includes new tyres and oil changes, replacement of the timing belt/chain and any thing else that might need repair such as new clutch, exhaust. If you need to borrow the money to buy the car you'll need to factor this cost in too.

I've got a lovely car sitting on my drive and I use it less and less simply because the running costs are so expensive. I think twice about every journey I make.

For example:

Petrol is now about £5.25 a gallon (at 116p per litre) so if your car achieves 35 miles per gallon then a journey of 35 miles will cost you £5.25p. When you factor in the running costs this journey will cost you about £14. (calculated at HMRC rate of 40p per mile).

Strider590

diable wrote: »

Males under the age of 21 are the cause of more accidents and claims then anyone else

I disagree, I think old age drivers cause the most accidents... While young drivers have more fault claims.

Pulling out of a junction yesterday, I nearly got T-boned by an old dear in a Nissan Micra. She was driving VERY slowly and indicating right as if to turn into the junction opposite and to the right of me, gut instinct told me not to move and I pulled out behind her instead as she drove off round the ring road with her right hand indicator still blinking away.....

This isn't an isolated incident, I see this frighteningly often.

I think had it not been me, anyone else would have pulled out in front of her. Wouldn't have been classed as her fault, but she was clearly driving without due care.

Gloomendoom

Strider590 wrote: »

I disagree, I think old age drivers cause the most accidents... While young drivers have more fault claims.

Apparently, the next worst group after males under 21 is ladies over 70.

My mother's premium shot up after she reached 70.

Pew_Pew_Pew_Lasers!

maninthestreet wrote: »

£4,000 is a lot of money, even if the 17 year-old is working - how could they save up that sort of money even if they had been working since the day they turned 16??

Because if they're full time and on at least minimum wage, and living at home, £300 a month is nothing at all.