Can anyone make one please?
My friends lad is nearly 18 and has an old Golf that he wants to run valued at £700.
The quotes for TPF&T have come back at twice the value of the car!
Can anyone recommend a good insurance company contact for young drivers please?
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To be honest, at £1,400, it sounds like he's already found one.
Usual recommendations: Budget Insurance, Admiral/Bell/Elephant and Tesco/Direct Line online, others have had good experiences with NFU Direct and Norwich Union.
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Halmer
IMO, my strong recommendation is that the young boy gets a car that has the lowest/low insurance rating. Let the guy (hopefully) build up his NCD and then in a few years he can get the car he really wants without sending thousands on insurance.
What if he got a few points/accident/claim on his ins - where would this leave him next year?
he may not like it, but it may be wise for him to wait a year or two, buy a new car with free inurance. The plus points are he will be older and hopefully wiser - when it comes to re-insuring his car, it should be cheaper. The pitfalls of free ins for young drivers is the very high excess.
Hope the above helps.
M
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Btw, has he tried your ins co as you have a Golf?
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Halmer IMO, my strong recommendation is that the young boy gets a car that has the lowest/low insurance rating.
Says the man who is considering buying a Mazda RX 8 for his Daughter's 21st b-day.
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Motorwayman
Yes it's my old Golf 1.3 that he is after. I've agreed that I'll let him have it as I've reluctantly decided to part with it so that I can claim my Passat back of my wife.
the Golf is an immaculate car for one 16 years old but, much as I don't want to let it go, it doesn't meet our needs now.
I spoke to his mum just now and he's managed to get a £1000 quote.
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We could go round and round - a rotary thread in tribute to the rotary engine perhaps? The point is that she does have NCB. Lease deals with free insurance can make great sense for young drivers if:-
a. they have their own income and credit rating, not their parents' - and this income is likely
b. they are confident they won't significantly exceed the allowed mileage
c. they don't pay a ridiculous APR and especially
d. they will be able to afford the insurance payments in years two and three.
Leases with manufacturers' schemes are particularly because manufacturers' free insurance schemes sometimes offer an enhanced NCB once the driver has got through the first year. They also offer fairly predictable monthly bills instead of a sudden failure meaning a new car.
Oh I forgot to mention that Liverpool Victoria are quite for young drivers too. Finally, does he have Pass Plus? That may help quite a lot.
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We could go round and round - a rotary thread in tribute to the rotary engine perhaps? The point is that she does have NCB. Lease deals with free insurance can make great sense for young drivers if:- a. they have their own income and credit rating, not their parents' - and this income is likely b. they are confident they won't significantly exceed the allowed mileage c. they don't pay a ridiculous APR and especially d. they will be able to afford the insurance payments in years two and three. Leases with manufacturers' schemes are particularly because manufacturers' free insurance schemes sometimes offer an enhanced NCB once the driver has got through the first year. They also offer fairly predictable monthly bills instead of a sudden failure meaning a new car. Oh I forgot to mention that Liverpool Victoria are quite for young drivers too. Finally, does he have Pass Plus? That may help quite a lot.
Our son purchased his first brand new Ka when he was 18 close to 19 - Free ins came with it. The same deal was obtained on his 2nd and third Ford Ka's in the subsequent years.
Oct last year - he got a ford Fiesta Zetec/Flame, but as he was just under 21 and Ford had moved the goal posts - he had to take their "Pass Pass" test. This was provided free oveer 6 one hour lessons - taught new good driving skills and got a certificate. This cert may help him to cheaper ins. He hardly lost any money on the cars as they were purchased via the FMC voucher scheme as one of his uncles work at FMC.
So in certain circumstances it is well worth the free ins and changing the car every year.
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Sorry - Pass pass - Should of read, Pass Plus. Again, this is provided over approx six lessons by an approved instructor - free of charge if you are under 21 and buy a new car from FMC.
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>> Halmer >> >> IMO, my strong recommendation is that the young boy gets a >> car that has the lowest/low insurance rating. Says the man who is considering buying a Mazda RX 8 for his Daughter's 21st b-day.
Halmer is requesting help as the young guy may not be able to afford the insurance costs. In my experience (nothing to do with Halmer question) people that find it hard to finacially support their motor - will slip up on the up keep of the vehicle.
Your reference to my RX8 post - a tad below the belt?
Not once did I raise the question re the insurance as we have already done our home work.
A free tip to all other potential buyers of new/second hand/first cars/etc - Always check out what the insurance cost is going to be as this will save a lot of heart ache once you start searching for the right car, find it - then note the high ins rates.
Regards
M
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I've just done a search on moneysupermarket.co.uk and the cost ranged from £1400 to £2000 for him.
The cheapest on moneyfacts.co.uk was £2400!
The accident statistics for young people must make appalling reading. Maybe they should stop them driving until they are 25!!
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I don't think that he has pass plus although his mum mentioned it to me.
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you could try:
www.confused.com/
I was given quotes on a 2.0 golf ranging from £400 - £1600
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Thanks Matt.
Just waiting for the quotes to be sent.
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(I hate to admit this) but on another board I frequent (not a motoring one!). Someone's son insisted on flash alloys for his car. For this, the insurance premium went up by 400 quid!!
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(I hate to admit this) but on another board I frequent (not a motoring one!). Someone's son insisted on flash alloys for his car. For this, the insurance premium went up by 400 quid!!
Martin, you are spot on.
Adding, making alterations to car will nearly always increase the insurance.
Parking on the drive/garage brings down the costs
Your job may also increase or decrease the insurance costs.
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>>The accident statistics for young people must make appalling >>reading. Maybe they should stop them driving until they are 25!!
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Well i can certainly agree with this, as soon as i turned 25 my premium dropped like a stone, despite my 'colourful' driving history before i passed my test aged 24.
PS rest assured i am a good boy now!!!
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Old golfs have ridiculous insurance prices - My mate (v similar age, living in same area) has had a j reg Mk2 golf 1.3 driver for 3 years (with the accompanying 3 years NCB), and he paid £200 more insurance this year than me on my k reg 306 1.4 xr (no NCB). iirc he paid well over a grand for his first year of insurance on it (TPTF) aged 19.
I wouldn't recommend a golf for a first car purely because of this - have a look at parkers.co.uk for the relevant insurance groups.
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