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How much does a car's insurance group affect the cost of your insurance.
Which has the biggest bearing on insurance costs, is it age, no claims or car group.
My current car is Group 5 but the new one I'm looking at is Group 17.
orangebird
26-07-2006, 16:19
How much does a car's insurance group affect the cost of your insurance.
Which has the biggest bearing on insurance costs, is it age, no claims or car group.
My current car is Group 5 but the new one I'm looking at is Group 17.
:erm: good luck. I'm assuming that the car you're looking at is either prestige or high performance?
:erm: good luck. I'm assuming that the car you're looking at is either prestige or high performance?
It's a Megane 225
This gives a little bit of information :)
http://www.expertcardirectory.co.uk/car-insurance-groups.htm
Just rang them up, she said it would increase from £400pa to £900pa. Big increase.
Anyway, does anyone know about buying ex demo models? What sort of discount off list would be normal with these?
Anyway, does anyone know about buying ex demo models? What sort of discount off list would be normal with these?
No disrespect, but the Megane 225 is a bit of a "boy racer" car - do you want to buy one that people have been thrashing to see what it can do?
No disrespect, but the Megane 225 is a bit of a "boy racer" car - do you want to buy one that people have been thrashing to see what it can do?
Depends on how much the discount is.
Try getting a quote here, Someone on these forums saved £190 I know of others who have saved more!
http://www.ecarinsurance.co.uk/?r=0.8860662274528295
Chimaera
26-07-2006, 16:53
Or try the ones that I use - www.confused.com or www.aquote.co.uk. Confused found me a quote that was just over £200 less than the quote from the company I had my car insurance with (Direct Line).
orangebird
26-07-2006, 16:56
Just rang them up, she said it would increase from £400pa to £900pa. Big increase.
Anyway, does anyone know about buying ex demo models? What sort of discount off list would be normal with these?Anything up to 30%. Depends which dealer you go to.
---------- Post added at 16:56 ---------- Previous post was at 16:55 ----------
Depends on how much the discount is.
You should think ahead a bit more than that. The car could only be a couple of grand, but if it's only going to last a month before you have to start shelling out on it, what's the point in buying it in the first place? You want a boy racer car, I'd buy new if I were you.
idi banashapan
26-07-2006, 17:00
for the love of god, please don't buy a french car!!! if you are looking for something around the 220bhp mark, try looking at the new Focus ST (222bhp from 2.5 Turbo volvo engine, one of the best engine makers about), mondeo ST220 (220bhp from 3.0 V6), Vectra GSI (212bhp from 3.2 V6) or, my personal favourite, the Leon Cupra R (225bhp from a 1.8 Turbo). remember, Seat is part of the VW Audi Group (as with lamborghini, VW, Skoda and others). All those I just listed will probably cost less if something goes wrong or needs replacing.
The car could only be a couple of grand, but if it's only going to last a month before you have to start shelling out on it, what's the point in buying it in the first place? You want a boy racer car, I'd buy new if I were you.
Would you not get a warranty with it? Its an 06 car.
Don't know if I can afford it new.
---------- Post added at 17:02 ---------- Previous post was at 17:00 ----------
for the love of god, please don't buy a french car!!! if you are looking for something around the 220bhp mark, try looking at the new Focus ST (222bhp), mondeo ST220 (220bhp), Vectra GSI (212bhp) or, my personal favourite, the Leon Cupra R (225bhp from a 1.8 Turbo). remember, Seat is part of the VW Audi Group (as with lamborghini, VW, Skoda and others). All those I just listed will cost less if something goes wrong or needs replacing.
Only ever owned french cars.
Not a fan of fords or vectras.
Have a Megane at present, its great, just want something with a bit more poke.
idi banashapan
26-07-2006, 17:05
fair enough. I suppose bad news travels faster than good, and I've only ever heard bad. I have driven a few french cars from Citroen, renault and peugeot and hated all of them. but that is purely my poersonal opinion.
Wicked_and_Crazy
26-07-2006, 17:16
Or try the ones that I use - www.confused.com (http://www.confused.com) or www.aquote.co.uk (http://www.aquote.co.uk). Confused found me a quote that was just over £200 less than the quote from the company I had my car insurance with (Direct Line).
Recently Confused.com has been poor in terms of the number of responses you get back. I've been told that www.moneysupermarket.com (http://www.moneysupermarket.com) is worth a try.
How much does a car's insurance group affect the cost of your insurance.
Which has the biggest bearing on insurance costs, is it age, no claims or car group.
My current car is Group 5 but the new one I'm looking at is Group 17.
Don't automatically assume that a group 17 car will cost more than a group 5.
Having used to work for Admiral I can tell you there are lots of factors involved. For instance a Ford Ka is usually around a group 4 but if there's been a spate of thefts of those cars in your area, the premium will rocket whereas if a BMW 325 (usually around a group 17) has a good and safe record in your location, you might get away with a reasonable amount.
Recently Confused.com has been poor in terms of the number of responses you get back. I've been told that www.moneysupermarket.com (http://www.moneysupermarket.com) is worth a try.
Worked for me, moneysupermarket pointed me in the direction of morethan which save me over £250 on my car insurance (mines a group 17 I think) so it does pay to shop round :tu:
Chimaera
26-07-2006, 20:10
Or try the ones that I use - www.confused.com (http://www.confused.com) or www.aquote.co.uk (http://www.aquote.co.uk). Confused found me a quote that was just over £200 less than the quote from the company I had my car insurance with (Direct Line).
Recently Confused.com has been poor in terms of the number of responses you get back. I've been told that www.moneysupermarket.com (http://www.moneysupermarket.com) is worth a try.
I got my quotes from them about 6 weeks ago - I got 25 different quotes, plus 4 that wouldn't quote (as I have to have business use) and another 4 whose sites were not working. I didn't get as many quotes from the other site though - the aquote one.
I'll give the moneysupermarket one a try next time though! :tu:
I found Confused to be fantastic, they found me a price which was £120 cheaper than anything moneysupermarket could offer.
We always use confused it has saved us a lot of money :tu:
Ive always used confused, and found them much cheaper than what moneysupermarket came up wwith. Anyway once i have found the cheapest quote, i usually telephone my insurance broker who matches the quote i have found online by giving a discount and therefore letting me stay with my original company and not having to pay a 2 month deposit on direct debit.
So before you decide to switch insurance companies, try to barter - if you dont try - you dont get!
Recently Confused.com has been poor in terms of the number of responses you get back. I've been told that www.moneysupermarket.com (http://www.moneysupermarket.com) is worth a try.
None of their insurers cover drivers in Northern Ireland. :(
King Of Fools
27-07-2006, 09:52
I have found that Confused offers me a large number of quotes but never offers the cheapest price for me (which is always with one of the Direct Line companies that have opted out of Confused).
None of their insurers cover drivers in Northern Ireland. :(
Quinn Direct?
http://www.quinn-direct.com/ :tu:
Very good for me!
Quinn Direct?
http://www.quinn-direct.com/ :tu:
Very good for me!
Wouldn't give a quote without a reg.
Wouldn't give a quote without a reg.
Make one up to get a quote :p:
None of their insurers cover drivers in Northern Ireland. :(
Quinn Direct?
http://www.quinn-direct.com/ :tu:
Very good for me!Yep, I'm with Quinn Direct too, they were considerably cheaper than all others (stumbled across them via confused.com too). Have just renewed my insurance with them for the next 12 months, and they're still cheaper, so it's not just a new-customers-only gimmick in the hope that you won't switch after the 1st year is up.
Tried Confused and Money Supermarket both came up with the same company as the cheapest but Money Supermarket one was £2 cheaper with a lower excess. Will wait and see what my current one comes up with.
Wicked_and_Crazy
27-07-2006, 13:20
Don't automatically assume that a group 17 car will cost more than a group 5.
Having used to work for Admiral I can tell you there are lots of factors involved. For instance a Ford Ka is usually around a group 4 but if there's been a spate of thefts of those cars in your area, the premium will rocket whereas if a BMW 325 (usually around a group 17) has a good and safe record in your location, you might get away with a reasonable amount.
Generally its the post code that will be classified as a high risk post code as opposed to the car in the post code. I agree it can make a higher group car look relalively cheap compared to the lower group car due to the theft premium however your not going to find a group 17 car cheaper that a group 4.
UNLESS
Well, general insurance is all about risk so general insurance companies will try to balance their risk and because of this is, if they for example get a bulge of Group 4 KA drivers or a certain age range living in a particular post city they will load the premium in order to become un competitive whilst if they want to bulk up another sector to balance the risk the often reduce the rates.
In companies ive worked for its a simple case of adding up points, points are allocated for things such as
Car Group
Your age
Your Post Code
The age of the car
Garaging, drive way or on the road storage of the car etc etc
Totalling up your points then gives a look up to your base premium on which your discounts are then applied.
---------- Post added at 13:20 ---------- Previous post was at 13:18 ----------
I got my quotes from them about 6 weeks ago - I got 25 different quotes, plus 4 that wouldn't quote (as I have to have business use) and another 4 whose sites were not working. I didn't get as many quotes from the other site though - the aquote one.
I'll give the moneysupermarket one a try next time though! :tu:
i tried confused in January an changed provider as a result. I tried in about a month ago for er in door and it only came back with 2 quotes!!
handyman
27-07-2006, 13:35
gazzae have a test drive in a leon cupra r, they are a nice drive.
OB - Whilst every salesman will have thrased the 225 I doubt that they could have done any lasting damage to a modern engine, theres no running in period on them anymore since they have been designed on computers.
As for discount at 30% I dont think you'll get anywhere near that. Your likely to get at most a couple of grand off one and at £19,500 list that still means a lot to pay out. Factor in depreciation on this and I'd bet you'll have a car woth £10k in a year. The seat on the other hand has an Audi 20v engine and VW chassis so that certainly helps it hold its value. I prefere the older style ones which you should be able to pick up very reasonably priced on a 05 plate possibly on a early 55 with a good amount of warranty.
Going down on saturday to check it out. Taking my dad with me, he used to be a car salesman.
They are also offering 5 years 0% finance which is tempting.
Still have to see how much my current car is worth over how much is left to pay.
pop80_uk
27-07-2006, 19:04
OB - Whilst every salesman will have thrased the 225 I doubt that they could have done any lasting damage to a modern engine, theres no running in period on them anymore since they have been designed on computers.
Thats not true though matey, every car has a running in period of 1000 - 9000miles. In this time it is suggested you do not exceed the manufacturers RPM suggestions this allows time for the ECU to learn how you drive and to balance the correct fueling mixture. It is also done to allow the engine to bed in and most cars even have a running in mode now built into the ECU which limits top speed and RPM for a specific period.
Well I ordered the car. Renault factory is closed in August so will hopefully get it in Oct.
Got a great quote from Admiral for insurance - £785 far far cheaper than anyone else.
Try Endsleigh. They were cheapest for me.
Had already tried them, they were nearly £1200!
etccarmageddon
24-08-2006, 11:58
....OB - Whilst every salesman will have thrased the 225 I doubt that they could have done any lasting damage to a modern engine, theres no running in period on them anymore since they have been designed on computers.....I've just got a new ford and can confirm there is a running in period of 1000 miles as directed in the manual. I dont know if this applies to other manufacturers.
---------- Post added at 11:58 ---------- Previous post was at 11:57 ----------
and my insurance - Tesco was cheap but marks and spencer was the best overall product and slightly cheaper than Tesco.
Tezcatlipoca
02-09-2006, 16:49
"Quote Me Unhappy"
Surprised no one has mentioned this....
http://news.bbc.co.uk/1/hi/business/5300930.stm
Car insurance costs look set to rise following a move by Norwich Union, the UK's second largest car insurer, to raise its rates by an average of 16%.
The firm said its hand had been forced by a similar rise in claim costs over the past two years, during which time insurance rates had remained static.
Norwich Union said claims for personal injuries had been the main reason for the rise in its costs.
Insurance for riskier customers, such as young men, will rise by up to 40%.
David Ross of the Norwich Union warned that other insurers would probably copy his firm's example.
(snip)
etccarmageddon
03-09-2006, 01:03
good job I just renewed mine! it was £690.
Carphile
03-11-2008, 10:15
There are lots of websites with useful information about car insurance such as this Car Insurance (http://www.carinsurances.co.uk/car-insurance-information/index.html) site. Here's an article from the Guardian about the Hard Sell of car insurance (http://www.guardian.co.uk/culture/2008/oct/11/advertising.car.insurance). This site has a lot of good advice on the different types on car insurance and choosing a policy (http://uk.moneto.eu/insurance/car-insurance/).
Hope that helps!! :-)
I pay about £630 a year for my 1.1 P reg Saxo :erm:
Only had my licence since last December though so hopefully it'll go down in May when i renew, and then again the following May when i turn 25.
I'm with ecar insurance who by the way are shocking. You can only email them, and sometimes they'll reply, and if you did want to ring them it's £1 a minute!!!
However, they were considerably cheaper than the next quote when i got my first car, a Ford Escort 1.3. (same insurance group as the Saxo so no price change)
Now i've got the Saxo i was quoted cheaper elsewhere BUT i've paid money upfront to ecar and its pay over 9 months so i'll stop paying in Feb for a few months, hence it wouldn't be worthwhile to have switched mid-term.
Don't be fooled by the assumption that your premium will drop when you get to 25 - very few people notice much of a difference.
I'm with Bell now, have been for almost two years. They beat eCar who I used to be with.
I pay about £630 a year for my 1.1 P reg Saxo :erm:
Only had my licence since last December though so hopefully it'll go down in May when i renew, and then again the following May when i turn 25.
I'd be happy to pay that if only I could be 25 again...... :cry:
AndyCambs
04-11-2008, 05:37
I find it particularly annoying on these "Cop" programmes the number of people without car insurance - and the penalty is relatively light - certainly low enough to make it economically viable to risk driving without insurance. The penalty should be at least twice the cost of applicable insurance.
I believe I read that uninsured motorists add £30 to everyone's policy.
Plus - having been hit by uninsured motorist - I can speak from experience - it causes problems/
haydnwalker
04-11-2008, 10:53
I'm with Bell now, have been for almost two years. They beat eCar who I used to be with.
I'm with Bell too - and same with me for 2 years - I didn't notice much of a difference (3yrs no claims) when i turned 25. I did get "extra" discount though for being a loyal customer (thats over and above the 3yrs NCB). My Audi A6 is costing me £500/year so not too bad IMO.
The only advantage I can see of being 25 is that you can add "Driving Other Cars" to your policy. So I can drive anything not owned/lent to me on hire on Third Party Insurance. Nice if I want to borrow my dads car to nip out if I need to.
Hello,
I am new to the UK and don't understand the Insurance Groups. I am thinking of buying a 2003-2006 older body style Audi TT Coupe (approx 5500 pounds) or a 2006/7 new body style Audi TT (for double the price). Small engine, hopefully turbo. I found out for the new 2006 one I will be paying group 17. How much is this and is it a lot comparatively speaking? I have no clue what to expect. Also, would I be paying less for insuring the older Audi TT?
I would appreciate some guidance on this!
Thanks,
Eva
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