Automatic car recommendations

Premier_2

iolanthe07 wrote: »

£300 a month for insurance for a woman does seem extortionate - that's £10 a DAY! Are you sure you can't get it for less than this? I pay less than £200 a year on a new Hyundai i30.

Sounds cheap when you read the OP's driving history

http://forums.moneysavingexpert.com/showpost.php?p=53266537&postcount=13

mikey72

iolanthe07 wrote: »

£300 a month for insurance for a woman does seem extortionate - that's £10 a DAY! Are you sure you can't get it for less than this? I pay less than £200 a year on a new Hyundai i30.

Kids don't get a decent break on car insurance. And as beth.stephenson2009 says, they live where their parents live, and don't live on a bus route. So it's a bit rough if they are actually responsible enough to get a job, then want to legally insure their car so they can get there. It's far easier to claim benefit, or just take a chance uninsured now. Do you really think you're 18 times less likely to have an accident, so should pay 18 times less insurance?

Lum

With insurance prices like that I would forget about fancy expensive (and expensive to repair) cars like the new Mini.

I'd also forget about tiptronic. You'll find it less useful than you think.

Get something boring, 90s and Japanese like a Nissan Sunny until you can build up a bit of no claims!

iolanthe07

Do you really think you're 18 times less likely to have an accident, so should pay 18 times less insurance?

I don't know. Clearly the insurance companies do think I'm statistically 18 times less likely to have an accident. I did make one claim in 1974 (none since, touch wood), but the other guy was done for driving without due care and attention. A good record must help a lot.

mikey72

iolanthe07 wrote: »

Do you really think you're 18 times less likely to have an accident, so should pay 18 times less insurance?

I don't know. Clearly the insurance companies do think I'm statistically 18 times less likely to have an accident. I did make one claim in 1974 (none since, touch wood), but the other guy was done for driving without due care and attention. A good record must help a lot.

Maybe yes, maybe no, but if you make a claim this year, would you expect your insurance to go up to £300 a month, or even more? Because you're no longer a statistic, you'll have a track record of making claims, and as such would be infinitly worse than you were this year. Sometimes I doubt the direct link with cost to statistics, and think it's very easy just to jump on the bandwagon and repeat the buzzwords without understanding them.

iolanthe07

mikey72 wrote: »

Maybe yes, maybe no, but if you make a claim this year, would you expect your insurance to go up to £300 a month, or even more? Because you're no longer a statistic, you'll have a track record of making claims, and as such would be infinitly worse than you were this year. Sometimes I doubt the direct link with cost to statistics, and think it's very easy just to jump on the bandwagon and repeat the buzzwords without understanding them.

I can't disagree with you; I think car insurance costs for young people have got completely beyond reason. My first car was a 1937 MG TA which my dad bought me as an 18th birthday present in 1964, and the insurance was £11 a year - about a week's average wage at the time. An 18 year old today would pay much more than an average week's wage for a year's insurance for a sportscar, even a classic one with poor performance. I know the risk of an expensive accident is high for young people, especially young men, but insurance costs are forcing them off the road - and that isn't right.