Temporarily Over £6000 Limit For ESA

KellyKoo

Poppie68 wrote: »

Never listen to anyone else!

Look for insurance with a black box fitted that should bring your premium down a little.

Admiral with a black box was £4500.

baza52

you don't need 4k in cash, just withdraw £500 and when the 4k hits your account you will be under the 6k limit.

konark

Why doesn't your mum come with you and pay for the car, that way you never had no money! Or she can just write a cheque for you to give to the vendor.

KellyKoo

konark wrote: »

Why doesn't your mum come with you and pay for the car, that way you never had no money! Or she can just write a cheque for you to give to the vendor.

I don't think mum has had a cheque book for 15 years or so!

baza52 wrote: »

you don't need 4k in cash, just withdraw £500 and when the 4k hits your account you will be under the 6k limit.

You have given me an idea, get mum to give me £3000 via bank transfer, hold back the other £1000. I pay for the car, but get mum to put £1000 on her credit card for the card, which can be paid when the statement comes in!

skcollobcat10 wrote: »

£4500 for insurance is terrible, look online it all depends on your age and area you live in.

I suspect the area I am in, is one of the issues!

KellyKoo

skcollobcat10 wrote: »

£4500 for insurance is terrible, look online it all depends on your age and area you live in.

I think I figured out why I am being charged so much on insurance. Just put all my details in again via Compare The Market, but changed that I was working part time, and it brought the insurance down to £2201, so it seems for being unemployed with a disability I am charged over £2400 more!


Pure discrimination!

NYM

It's not really discrimination.

Why 'no job' means 'higher risk'

The reason that insurance companies are raising policy prices for the out-of-work is because – unfair as it seems – they perceive unemployed drivers as a greater risk than those who are in work.

MoneySupermarket’s motor insurance expert, Peter Harrison, said: “This is partly because the unemployed are likely to be using their cars more during the day and may even be travelling on unfamiliar roads when attending interviews. And in the eyes of an insurer, a downturn in financial circumstances, such as losing your job, even, means you are more likely to make a claim, which drives up premiums further.”

Missed or late payments on debts, such as loans and credit cards, when you hit the kind of financial hardship that results from unemployment is also likely to have a negative impact on your credit rating. And, as insurers look at an applicant’s credit history when determining the cost of their policy, wrenching as it seems, this can also drive up the cost of premiums.

Look at the guide for disabled drivers on http://www.gocompare.com/car-insurance/disabled-drivers/

HappyMJ

Would you be better off just getting taxi's?

In my area a taxi would cost £3.50 per journey which gets you up to 3 miles away. If you had to undertake 10 journeys a week that would only be £1,750 per year. A 16 mile journey to the nearest city (Derby) would cost £15 each way. 10 journeys a week would be £7,800 per year. Using the express X38 bus (1 stop at the Royal Derby hospital for the appointments) instead which would be £3.50 plus £6 (day fare) plus £3.50 would be £3,380 per year. A car would cost 45p/mile according to HMRC so would cost £3,744 per year. Your insurance alone is already higher than that figure.

You don't work otherwise you wouldn't get ESA, Housing Benefit etc... so do you even have a need to undertake 10 journeys in a week.

I am home most of the time and get a taxi twice a week and public transport along with that which is an extra £6 for the day ticket. ALL of my shopping is home delivered. I have no need at all to waste any money on a car. My flat has a space allocated for a car and it sits empty. My SOA shows I spend £60 on ALL transport costs. That gets me to Derby every week, Nottingham once a month (no additional cost as it's included in the day fare) and Lichfield every 2 months and this week (about once a year) I'm off to the really big city London for a weekend. The train fare is £17 return and that's 134 miles away. I couldn't do that in a car for that much just in fuel and certainly not including parking costs.

If you're on income based ESA and have to attend hospital appointments outside of your home area you can get the full cost of public transport reimbursed. In a car they's only pay 25p/mile which for me would only be £6.

Jackieboy

KellyKoo wrote: »

I am finding it difficult to find an automatic for less than 2k, I think the cheapest I have found this month was a Fiat Panda 09 plate for £2450. It was immaculate outside, but the inside stank of stale smoke!


I do think I can be a bit fussy, I should perhaps be more realistic. The more I think on this, and look at insurance the more I think I should just wait a little longer.

I drive automatics and have only once spent ove £2k on a car. I normally buy off Ebay, where are you looking?

Daisychains

I'm on esa & recently was awarded PIP & got over 1000 back pay do you think I need to declare this to esa?

Daisychains

I'm under the 6000 limit (3000)