Some very basic monetary questions about cars. Watch

rastaman25
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Hi there!

I haven't even got my provisional yet and not started learning, but I'm interested in the costs of running a car.

You obviously need:

Car
Insurance
MOT
Fuel

So my question is, with around £500 to spend on the car max, how much would the others add up to?

Also any suggestions of a cheap car to run or links to auto trader are all welcome.

This is purely research, but just interested in the figures for when I get going!
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WelshBluebird
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Can't see you getting much for £500 tbh. My friend got a decent P reg Seat Ibiza for £500, but thats only cos his parents are friends with the people who were selling it.

As for insurance, assuming your 17/18 and a new driver your talking at least £1000 really. Though that does depend on the area you live in, the car you get, the engine size etc, and if you get it on your own name or your parents. For me on a 1.0 1999 corsa (been looking at a few on autotrader), when I pass my test, It'll be £1600.

Most used cars I've seen at least come with at least a few months MOT left, so that isn't going to be an initial outlay. Though it would be a good idea to get the car you buy checked by someone in the know. Even if its just a family friend who knows about cars. The thread somewhere around here shows the need to check the car before you buy it.

As for fuel, then without knowing what your gonna be doing with your car, then there's no way to tell really. Though I think we can say your weekly outgoing on fuel is just gonna keep on going up with the current trend in fuel prices.

edited car year lol
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rastaman25
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(Original post by WelshBluebird)
Can't see you getting much for £500 tbh. My friend got a decent P reg Seat Ibiza for £500, but thats only cos his parents are friends with the people who were selling it.

As for insurance, assuming your 17/18 and a new driver your talking at least £1000 really. Though that does depend on the area you live in, the car you get, the engine size etc, and if you get it on your own name or your parents. For me on a 1.0 1991 corsa, when I pass my test, It'll be £1600.

Most used cars I've seen at least come with at least a few months MOT left, so that isn't going to be an initial outlay. Though it would be a good idea to get the car you buy checked by someone in the know. Even if its just a family friend who knows about cars. The thread somewhere around here shows the need to check the car before you buy it.

As for fuel, then without knowing what your gonna be doing with your car, then there's no way to tell really. Though I think we can say your weekly outgoing on fuel is just gonna keep on going up with the current trend in fuel prices.
That's a dead useful answer, thank you!

How much did your Corsa cost initially?

What sort of mileage should be looked at for a first car? I assume when you get to over 100k it's a bit of a put off...
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dandan
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£500, you can't get anything decent for that, even for something like a 1.3 KA your insurance will be a grand because you are a bloke and young. Can't you borrow you mum/dads car?
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MJE
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As a slight aside, if you do Pass Plus you can knock down your insurance, my friend got nearly £700 off, and the others had £150 knocked off minimum.
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rastaman25
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(Original post by dandan)
£500, you can't get anything decent for that, even for something like a 1.3 KA your insurance will be a grand because you are a bloke and young. Can't you borrow you mum/dads car?
I could, but I really want to work for something in this gap year... I guess at the end of the day it might be a waste It's already shared with my sister as well... another problem is that I doubt I'll need a car during uni.

What price are you talking for a good car? £900?

I guess I could stretch to that, I worked out that in four shifts I get £160, so in five and a half weeks I would have that much... minus the damned tax.. but that'll be claimed at the end of the year.
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rastaman25
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(Original post by MJE)
As a slight aside, if you do Pass Plus you can knock down your insurance, my friend got nearly £700 off, and the others had £150 knocked off minimum.
Yeah, but is the amount knocked of greater than the cost of taking and learning for the pass plus?
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MJE
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I think Pass Plus is £145. Expensive I know, but it could be could in the long-run.

Well it's £145 in my area, dunno if it's a national figure.
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dandan
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Honestly, you need to probably spend £1500, its a false economy to buy something **** because you will be forever spending on it. Labour at a garage is about £40 an hour so even the smallest problem will cost hundreds, I know, my AC has gone on my Mondeo, needs a new radiator or something, £200 for the parts and another £200 for the labour, honestly, cars are a massive drain on your finances, if you can get away with it don't buy one.
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dandan
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(Original post by MJE)
I think Pass Plus is £145. Expensive I know, but it could be could in the long-run.

Well it's £145 in my area, dunno if it's a national figure.

Pass plus is not worth it, most insurance companies take no notice of it.
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Spotty Dog
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(Original post by WelshBluebird)
Can't see you getting much for £500 tbh
I hate to dispute this, but now that I'm 'in' the car market I'm finding that I personally can get quite a lot for £500 - And tagging my mechanic friend along, he's saying about half the cars I've looked at for between £500 and £600 are pretty well sound for their age, with only common age-related faults that are cheap to repair (cam belt etc).

Perhaps it's just the area I live in reflecting costs of living, or something. =/

EDIT: I've also found that although Pass Plus can knock a lot off your insurance for the first year, providing you're on 1 years NCB, there isn't a significant amount of difference for the second year.
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MJE
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Everything clearly seems to be just relative.

Insurance will depend on many factors, but it will invariably be expensive.

Fuel is also clearly expensive, and that also depends on your own consumption.

Do Pass Plus if you want, it's helped some of my friends a lot, some not so much.

And you're not even started driving yet OP, if you get an instructor that'll be more hundreds of pounds.

And that's all I'm saying now lol, Heroes is on soon!
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Ed.
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Insurance 1000 + probably more like 1500 if you are the policy holder.

MOT did mine the other day, cost £50 odd quid (but that is obviously because nothing needed doing)

Fuel depends how much you drive, havn't looked recently but it's around £ 1.17 a litre currently.
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WelshBluebird
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(Original post by rastaman25)
That's a dead useful answer, thank you!

How much did your Corsa cost initially?
sadly I don't actually have anything atm. I've been casually looking for a car for when I pass my test, and it seems a corsa is the cheapest thing I can get insured on (Fiestas, 106's etc seem to be around £200 more for the insurance). So thats near enough what I've decided I'm going to get when I do pass.

As for pass plus, looking at the quotes I have got from comparison websites, it wouldn't make any difference for me. But I may take it when I pass anyway, as I can get it for just £20 (if you live in wales, the WAG will cover most of the cost, meaning you only pay £20)
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blondie_
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Theres

insurance
fuel
mot
road tax
servicing(which needs to be done every 600o miles)

Insurance all depends who you go with, if your named driver, third party or comprehensive.
Fuel dependant on how much your going to drive.
The other 3 depends on the car.

Say 1500 a year at least!!!!
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Friggerpants
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You CAN get a lot of car for £500.

You just gotta know what to look for.


Take JC on here, he picked up a low miler Metro for a pittance, and it was in awesome condition.


Don't think late 90's, think late 80's early 90's cars.
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rastaman25
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(Original post by Friggerpants)
You CAN get a lot of car for £500.

You just gotta know what to look for.


Take JC on here, he picked up a low miler Metro for a pittance, and it was in awesome condition.


Don't think late 90's, think late 80's early 90's cars.
Any suggestions as to what cars would be best for a first timer?
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Sync
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(Original post by dandan)
£500, you can't get anything decent for that
Really have to dispute this - you can pick up a reasonable motor for £300 if you're lucky. £500 should buy you something reasonably economical and nippy. It's likely to be over 10 years old, but that really shouldn't put people off.

Some examples from 5 minutes at The Bay:

Dull, but practical and likely to be reliable

Ford Escort

Still looks alright even today, and this one could be made to look nice for not much money

My choice. Only two things can survive a nuclear bomb - a cockroach and a Mercedes 190e

Obviously I'm just going on what the sellers say in the above auctions - all those cars may be lemons in real life. Have a look on eBay and you can pick up some real bargains. Take a mechanically minded friend along with you who'll be able to steer you in the right direction. You're not going to get anything flash for £500, but it's easily possible to get something solid and reliable.
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tinkerbellejess
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In all honesty finding a good used car is like a lottery, you just got to be in the right place at the right time. Look at auctions, things like autotrader etc. I got my P reg polo for 575 with a years tax nearly and on 28k miles on the clock. It was purely because I was in the right place that I noticed it and moved quickly to see it with my mechanic friend and put a deposit down so they wouldn't sell it to anyone else. With thiws sort of market good cars go very quickly and you just have quickly find out if it's a good'un and make an offer as if it is a good'un then it won't be around for long!
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JC.
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There's tons and tons of cars you can get for 500 notes.

Search my user name, theres a thread about a metro I bought for 290 quid. 35,000 miles since 1985. Sold it in January for 325. There's plenty of bargains out there.

My current car is a Volvo 850GLT Price? 550.


Ideally you want to be looking at late 80's / early 90's stuff. Preferably Japanese.
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