We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Wanna buy my first car!

2»

Comments

  • richard734
    richard734 Posts: 489 Forumite
    Vanya,
    Whatever you get, be prepared for teh fact that a sub £1k car is going to need approx £500 a year in parts/fixes.
    Invest in a Haynes Manual for whatever you do buy, and prepare to get dirty :)
    Saying that, one of teh joys of first car ownership is doing you own repairs, and it will take away teh fear that many people have when it comes to doing simple fixes/maintainence work. Good Luck!
  • alun4
    alun4 Posts: 491 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    My experience is that you add older drivers (mum and dad) as additional drivers ..... you are the main driver. Do not consider "fronting". My conclusion has been to find a low cc (long MOT) car with almost no worth. Insure fully comp with large vol excess. Consider low mileage you will be able to afford!

    But I do understand you NEED the car now. Both my children did and I did all those years ago! (tried my test and passed on my 17th Birthday, worked my socks off from 13 to buy the car (which I did and re-built when I was 16) with no parental support. No regrets ... would do it again and I still enjoy driving!
  • Lum
    Lum Posts: 6,460 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Low engine size means nothing insurance wise these days, as others have said all the typical "first driver" cars have really high insurance premiums these days.

    For that sort of budget I'd look for something like an old Ford Mondeo, sure they're not very trendy and are likely a lot bigger than the car you learnt in, but they are worth very little for what they are and there's so many of them about that parts and servicing are comparatively cheap. Should be cheaper to insure too as they're not typically driven by young drivers and thus the statistics show they aren't crashed as much.
  • alun4
    alun4 Posts: 491 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Lum wrote: »
    Low engine size means nothing insurance wise these days, as others have said all the typical "first driver" cars have really high insurance premiums these days.

    For that sort of budget I'd look for something like an old Ford Mondeo, sure they're not very trendy and are likely a lot bigger than the car you learnt in, but they are worth very little for what they are and there's so many of them about that parts and servicing are comparatively cheap. Should be cheaper to insure too as they're not typically driven by young drivers and thus the statistics show they aren't crashed as much.

    We were getting quotes of £1100 for a 1000cc car and £2400 - £3000 on all the "Compare" sites for a very old Mondeo which we sold for £300 with new MOT (no work required this year and owned from 11 months old).
  • Lum
    Lum Posts: 6,460 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Hence why I'd agree with the comment about getting quotes for any car you're considering. I know a fair few youngsters who have gotten better deals with larger engined "grandad cars" than the typical 1 litre Corsa.

    All I'm saying is don't just assume that small car/engine = low insurance and write off* the likes of Mondeos, Volvos etc.

    *pun not intended.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.9K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.