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Free insurance?
jsmith4519
Posts: 80 Forumite
in Motoring
After many hours of searching I think the answer is no but I will ask anyway.
Is anyone aware of a car manufacturer who provides free insurance on new cars but specifically for people who have only 1 years driving experience and 0 no claims? I tried a lot of companies but cannot find anything.
Cheers
James
Is anyone aware of a car manufacturer who provides free insurance on new cars but specifically for people who have only 1 years driving experience and 0 no claims? I tried a lot of companies but cannot find anything.
Cheers
James
0
Comments
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How old are you?0
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A lot of them seem to be for older drivers and you need 2 years no claims already.Censorship Reigns Supreme in Troll City...0
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Skoda are doing it on the Citigo sport at the moment, need to be 21-85 without many points but can't see anything about driving experience0
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Portly_Pig wrote: »It ain't really free either is it.
^ ^ ^ This
As with all new car incentives, the cost is just factored into the price you pay, so you'll still be paying for the insurance.
Why not just buy a 3yr old car, the money you save would probably pay all your insurance costs for the next 5 years.0 -
It is for my fianc! who is 21, had a look at skoda looks reasonable you need to have held full uk licence for 1 year so should b ok, does not say you need any no claims bonus
Thanks
James0 -
No mention of no claims being required but...
- Standard excess of £250 for accidental damage, fire and theft claims in addition to any young driver or inexperienced excess as appropriate
£10,640 to get a years free insurance? + 7.9% APR or more....Censorship Reigns Supreme in Troll City...0 -
forgotmyname wrote: ȣ10,640 to get a years free insurance? + 7.9% APR or more....
So that'll be £13,000 for a car that after 6 months will be worth around £8,500. :eek:0 -
So that'll be £13,000 for a car that after 6 months will be worth around £8,500. :eek:
Makes sense when you put it like that £4500 for a years insurance...
What about the insurance for the next 2 or 3 years though? Whilst still paying for a car loan? How will that affect the budget?Censorship Reigns Supreme in Troll City...0 -
forgotmyname wrote: »Makes sense when you put it like that £4500 for a years insurance...
That's actually about the going rate for teenagers these days, not sure about a 21 year old though.0 -
Yeah but there is the 2 or 4 years of the loan to pay whilst still getting silly quotes for the 2nd year up.
+ servicing requirements for a new car.Censorship Reigns Supreme in Troll City...0
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