Insurance?
08-01-2008, 03:23 AM
#12
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Originally Posted by JohnK,Aug 1 2008, 11:40 AM
With this I have a couple of options - insure it myself, and , or my mother has offered to insure it and put me as a named driver, then I would insure her A-class Merc and place her as a named driver and pay the insurance on the S2k plus the extra cost of me insuring the Merc compared with what she was paying.
08-01-2008, 03:41 AM
#13
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Originally Posted by lovegroova,Aug 1 2008, 03:23 AM
This is called "fronting" and is fraudulent. Should you have an accident and the company discovered the truth (it's here in black and white) they may refuse to pay some or all of your claim. Don't do it.
Went to Chris Knott who told me that their drivers need to have had their license for at least 2 years for a car like the S2000. They recommended Elephant which I went to, who quoted me around
08-01-2008, 03:44 AM
#14
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Originally Posted by lovegroova,Aug 1 2008, 12:23 PM
This is called "fronting" and is fraudulent. Should you have an accident and the company discovered the truth (it's here in black and white) they may refuse to pay some or all of your claim. Don't do it.
May I also recommend taking your IAM test. A few insurers recognise it and it has benefits
08-01-2008, 03:44 AM
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Originally Posted by lovegroova,Aug 1 2008, 11:23 AM
This is called "fronting" and is fraudulent. Should you have an accident and the company discovered the truth (it's here in black and white) they may refuse to pay some or all of your claim. Don't do it.
The proper way to do it is to put you as the Driver and add your mum as a named driver. This will have the same effect of pulling down your insurance.
I just ran a quick quote on Admiral using the details you give and some I made up.
To insure yourself only they quote
08-01-2008, 03:45 AM
#16
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The best thing would be to get at least a year's NCB in something less racy than an S2000 (I'm guessing you can't afford a self inflicted write-off) and then, once you are 25 and have some NCB, try again.
12 months really isn't a long time and you'll appreciate the S even more, and you can use the savings to get a better example too.
Something like a 2nd hand MINI might be an idea as you'll lose very little in terms of depreciation.
Alternatively, get a
12 months really isn't a long time and you'll appreciate the S even more, and you can use the savings to get a better example too.
Something like a 2nd hand MINI might be an idea as you'll lose very little in terms of depreciation.
Alternatively, get a
08-01-2008, 03:46 AM
#17
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Originally Posted by JohnK,Aug 1 2008, 12:41 PM
So my question now is, would it be worth taking the risk, being a careful driver and getting 3rd party for a year or two, until I have the necessary experience/NCB with the car for people like Chris Knott to get me a decent price.
Cue Gad
08-01-2008, 03:53 AM
#19
Turning 25 and say 3 years no claims will seriously bring the cost down.
Personally keep the cash which you'd use save by driving another car for 2/3 years and save in the region of 6k. This money can then go along way to get a getting a newer S. I did: CRX, MR2, S2000.
Personally keep the cash which you'd use save by driving another car for 2/3 years and save in the region of 6k. This money can then go along way to get a getting a newer S. I did: CRX, MR2, S2000.
08-01-2008, 04:08 AM
#20
Originally Posted by JohnK,Aug 1 2008, 10:50 AM
Yeah sorry I should have said a bit more about this - I've had about 3 years' worth of lessons and driving on an airfield near my house, it was just that with uni and a lot of other commitments I never actually got round to taking my test. I do understand it's a powerful car and group 20, but I would only be doing around 7k miles a year, and I consider myself to be a pretty natural driver - I used to be part of a kart racing league until I was about 17.