Car help

LandyAndy

Strider590 wrote: »

18yr old?

Have you checked quotes? Don't just assume a small car will be cheaper to insure, they can attract a huge insurance premium because they're more popular with the kids and thus more likely (statistics wise) to be involved in a crash.

We bought our 18 year old son an 06 reg Peugeot 307 1.6 petrol in the summer for £2800. Insurance in his name was £950. A 1.8 petrol Mondeo was about £1400 to insure. Smaller hatchbacks weren't any cheaper than the Peugeot to insure.

Threebabes

Captain_Flack. wrote: »

So keep the honda and buy one hatchback. That way you'll only be forking out for one car.

We have now moved on to this idea.

Threebabes

LandyAndy wrote: »

We bought our 18 year old son an 06 reg Peugeot 307 1.6 petrol in the summer for £2800. Insurance in his name was £950. A 1.8 petrol Mondeo was about £1400 to insure. Smaller hatchbacks weren't any cheaper than the Peugeot to insure.

Who did you get the insurance with pls?

LandyAndy

Threebabes wrote: »

Who did you get the insurance with pls?

Admiral.


The car is insured in his name with my wife and myself as named drivers. Adding us knocked about £500 off the cost. It probably made a difference that he had held a full licence for over a year as well.
.

Threebabes

Yes I think it does help, may hang on for a year for Sam. £1k is doable but when you are looking at £2.5k its a huge amount.

Thank you for replying.

LandyAndy

Threebabes wrote: »

Yes I think it does help, may hang on for a year for Sam. £1k is doable but when you are looking at £2.5k its a huge amount.

Thank you for replying.

I agree. We had set a total budget of £4k and were very pleased to be able to spend £2.8k of that on the car and still have just enough left in our budget to tax it and fill it with petrol.