Peugeot 107 - worth it for the low road tax or avoid?

gilbert_and_sullivan

jaydeeuk1 wrote: »

1.0 toyota IQ (its a proper auto too)-

That i didn't know, thanks, did they carry the running gear over from Yaris 1 i wonder?

Strider590

MarkBargain wrote: »

Are you sure?! Taking the Peugeot 107 as an example, that is in insurance group 3 of 50 (www.parkers.co.uk/cars/insurance/car-insurance-groups/peugeot/107/hatchback-2005/). Surely the insurer knows the age of the driver when giving the quote so can factor that separately to the type of car?!

Insurance groups are a VERY small part of what makes up the insurance premium.

You could have two group 3 cars, one could be cheap, the other could be double/triple the premium, if statistics show the 2nd car is more commonly involved in accidents, then every driver of that car will pay the price.

Plus, they insurance companies also stereotype the behaviour of a driver from the car they drive, so for example I have no doubt that Nissan Navara drivers are classed as being mentally unstable and extremely high risk.

MarkBargain

jaydeeuk1 wrote: »

£3k will get you an auto 1.0 toyota IQ (its a proper auto too)- will actually feel bigger inside than a 107/aygo as they're pretty wide. Much more practical, reliable and fun than the smart, and far better built and more premium than the older 107/c1/aygo

Excellent idea, these looks nice and at CO2 (g/km) fall into the £20 road tax bracket, plus insurance group 3. One like this looks ideal then?: https://www.drive24.co.uk/VehicleDetailsView.aspx?carid=39690181

MarkBargain

Strider590 wrote: »

You could have two group 3 cars, one could be cheap, the other could be double/triple the premium, if statistics show the 2nd car is more commonly involved in accidents, then every driver of that car will pay the price.

Oh, I presumed that was built into the insurance groups, otherwise what is the point of them?

Anyway, I would get insurance quotes before buying any vehicle as it a key consideration. Is a Toyota IQ reasonable for insurance?

gilbert_and_sullivan

jaydeeuk1 wrote: »

£3k will get you an auto 1.0 toyota IQ (its a proper auto too)- will actually feel bigger inside than a 107/aygo as they're pretty wide. Much more practical, reliable and fun than the smart, and far better built and more premium than the older 107/c1/aygo

Looked them up, its not a normal TC auto as per Yaris 1, it appears to be CVT auto, nothing wrong with that.

bigjl

If I was looking for a small Automatic I would probably have a look at a Corsa, the 1.4 appears to have a normal TC Autobox unlike the smaller engines ones that seem to have the Easytronic nightmare.

I like the mk3 Clio aswell but can't really recommend buying an Automatic Renault.

To many bad memories of them.

But that makes them cheaper than perhaps they should be and there are lots of ex Motability ones with low mileages knocking about.

WellKnownSid

MarkBargain wrote: »

Are you sure?! Taking the Peugeot 107 as an example, that is in insurance group 3 of 50 (https://www.parkers.co.uk/cars/insurance/car-insurance-groups/peugeot/107/hatchback-2005/). Surely the insurer knows the age of the driver when giving the quote so can factor that separately to the type of car?!

My 5 cylinder V70 and my six cylinder E-class both cost less to insure than the 208.

AdrianC

MarkBargain wrote: »

Oh, I presumed that was built into the insurance groups, otherwise what is the point of them?

Insurance groups are based entirely on the cost to repair a vehicle from a range of standardised collisions.

Insurance premiums, especially for younger or inexperienced drivers, are based on the typical demographic of the driver, and the likelihood of them doing expensive damage to the scenery and people around them.

So, while something like a Corsa might be the same insurance group as something like a Hyundai or Kia, the Corsa is far more likely to be being hoofed around McDogbits carpark by idiots in the wee small hours. So it will cost a LOT more to insure for a new driver.

jaydeeuk1

MarkBargain wrote: »

Oh, I presumed that was built into the insurance groups, otherwise what is the point of them?

Anyway, I would get insurance quotes before buying any vehicle as it a key consideration. Is a Toyota IQ reasonable for insurance?

Hard to compare really. I'm around 30, in belper 10 years no claims and paid £200-£250 (although was 1.33 and owned from new. I think its higher than what you might expect as most components are unique to the IQ and not shared with other platform. Servicing etc is no more expensive as things like pads and tyres are pretty standard.

MarkBargain

AdrianC wrote: »

Insurance groups are based entirely on the cost to repair a vehicle from a range of standardised collisions.

Insurance premiums, especially for younger or inexperienced drivers, are based on the typical demographic of the driver, and the likelihood of them doing expensive damage to the scenery and people around them.

So, while something like a Corsa might be the same insurance group as something like a Hyundai or Kia, the Corsa is far more likely to be being hoofed around McDogbits carpark by idiots in the wee small hours. So it will cost a LOT more to insure for a new driver.

So if a driver in their 30s or 40s insures a Corsa, and the insurer knows they are in their 30s or 40s, the car will cost more to insure because young drivers may treat the car badly, even though the insurer knows the customer is not a young driver themselves?