[importunate]

Two days ago i brought a 3 litre v6 jag. Not in supercar territory but thought it would still be costly for insurance. Turns out that it ifs 5 years old its classes as a classic! So forget about 1 litre **** boxes and paying 3 grand to be bored to death. Buy a thirsy cream leather, walnut dashed tank and spend 300 quid on insurance instead.

[gbduo]

Yep. That is in the insurance thread and something that a lot of people on here have been saying for years. It is only if you are a sheep and follow the crowd that you are going to get shafted.

A Defender is another good choice, but personally, I would have a Volvo 850 as a first car, they are built like a tank with air bags everywhere. There are very fights you wouldn't win with that.

[JC.]

Ive owned and insured all cars mentioned so far in this thread very cheaply - several jags, Ovlov 850 and a LR.

When you're a bit older you'll be paying less for a V8 model than you currently pay for a 6.

[davidelliott294]

How much is your premium and what age are you? Where do you get this classic car insurance?

[Maccees]

Cars that are five years old count as classics?

[davidelliott294]

(Original post by Maccees)
Cars that are five years old count as classics?

This can't be true otherwise my Polo is a classical car.

The definition of a Classical car in the UK is:

United Kingdom
There is no fixed definition of a classic car. Two taxation issues do impact however, leading to some people using them as cutoff dates. All cars built before January 1, 1973, are exempted from paying the annual road tax vehicle excise duty. This is then entered on the license disc displayed on the windscreen as "historic vehicle" (if a car built before this date has been first registered in 1973 or later, then its build date would have to be verified by a recognized body such as British Motor Heritage Foundation to claim tax free status). The HM Revenue & Customs define a classic car for company taxation purposes as being over 15 years old and having a value in excess of £15,000.

Taken from wikipedia for precise definition.

[gbduo]

Depends on the insurer most of the time, obviously mainstream insurers are going to rape you, but if you went to a specialist and one that does classic cars then it is doable. My car is 9 years old and is insured as future classic.

[importunate]

(Original post by JC.)
Ive owned and insured all cars mentioned so far in this thread very cheaply - several jags, Ovlov 850 and a LR.

When you're a bit older you'll be paying less for a V8 model than you currently pay for a 6.

Im not as young as most on here. Closer to your age. And my 9 points and 2 accidents make them squirm a bit.

[JC.]

(Original post by importunate)
Im not as young as most on here. Closer to your age. And my 9 points and 2 accidents make them squirm a bit.

I've got a clean licence and never had an accident.
My renewals were around £120 odd per car this year.

[importunate]

(Original post by JC.)
I've got a clean licence and never had an accident.
My renewals were around £120 odd per car this year.

Tbh im told jobs and where you live make a difference. But i dont really lose sleep over it tbh. Ive only had one propper accident, but did manage to close the m1. Haha

[F Ellen]

Hmmm, think I'll have to get my 17 year old car insured as classic if this is the case! Had no idea.

[mchairmaster]

(Original post by importunate)
Two days ago i brought a 3 litre v6 jag. Not in supercar territory but thought it would still be costly for insurance. Turns out that it ifs 5 years old its classes as a classic! So forget about 1 litre **** boxes and paying 3 grand to be bored to death. Buy a thirsy cream leather, walnut dashed tank and spend 300 quid on insurance instead.

So where did you get this insurance from?

[THRASHx]

Sorry to bump but I've been looking at original Minis which are about 20 years old and are more expensive to insure than most modern cars, so where does one get this classic car insurance? Also, surely it doesn't work out any better financially when you take into account tax and fuel let alone the work which needs to be carried out on it?

[Robertall]

I am 21. Passed my test 6 months ago. And have a diesel Volvo v70. Insurance is £850. Parts and servicing is expensive. Fuel economy and towing capacity makes up for it, along with cheap insurance. May I add also, climate control, heated cream leather seats, electric mirrors, electric windows. Umm, climate control, child locks, abs, casette player, heated rear window and mirrors, fog light.

The only thing wrong is that it isn't cool.

[The Stig]

I'm looking at X300 - X308 XJ6 3.2 - does anyone which insurers are good? Which classic insurance companies would you recommend?

Thanks

[LookIt'sPete]

Most classic car insures I've seen refuse to insure people below the age of 21... Who are you going to that will insure you on a five year old jag for only £300 at the age of 18, because I call bull****.

[PataynaRolaay]

The OP still hasnt told us what company he is with, and getting insured with for 300 per year. Sounds like complete bull**** to me eh?

[AdamPug306]

I'm 19, got a quote on a 1998 BMW 523iSE for £1500, one year no claims.

[hypercaine.]

(Original post by AdamPug306)
I'm 19, got a quote on a 1998 BMW 523iSE for £1500, one year no claims.

What company is this with?

[AdamPug306]

Elephant, I'm a student at University of Reading and also a part time delivery driver at Waitrose. Interestingly, it would be 1300 odd but I had a 'non fault' accident which drove it up 200 quid!