Got my 325 sport insurance quote...

[kingbreezer]

Ԛ£700 fully comp with an Excess of Ԛ£400 for a 325 sport.
Is this alright do you think?

Now for a couple of serious questions.

For Ԛ£2k, am I likely to get a good 325 (sport replica is fine by me too), or will it be a lemon?
How reliable, honestly, are these cars if they've been looked after?
I didn't geta quote for a non-sport, but I'm told by a fellow member that non-sports will be a bit cheaper to insure? Maybe due to their parts being cheaper or something?

Thanks in advance guys!

[Richy325iTouring]

im pay 600 fully comp and the 320
witfull mtec kit

[massive]

depends how old you are where you live and your circumstances. Im 24 and pay Ԛ£400 TPFT on a 91 sport with 4yrs no claims in Hereford. No points claims and convictions.

[Zayyan]

im pay 600 fully comp and the 320
witfull mtec kit

The kit doesn't make the slightest bit of difference though.

This thread's a bit pointless at the moment as you've not said where you live, what age you are, how many years NCB you have, or whether you have any points or convictions or have had any accidents.

So I can't see how anyone can tell you whether you've got a good quote or not.

[kingbreezer]

Sorry, not entirely with it this morning!
I'm 19, live near Huntingdon. No points. No convictions.
No claims is a complicated one, but for some reason I have maximum.

I was mainly wondering if many people have big excesses, and how likely I am to get a good car for Ԛ£2k.

[Zayyan]

In that case, that's a fantastic quote.

I presume you've inherited the policy from one of the parents at 17 with 3 years no claims and now have maximum? Are you actually able to do that?

I think jonb is selling a standard 325i which is Sport spec for exactly Ԛ£2k; have a look in the "Cars for sale" section.

[E30BeemerLad]

it's a bit of a debate whether a sport would actually be cheaper to insure or not as whilst a sport will come with the factory goodies like the Mtec body kit etc, if you were to insure a non-sport which has the kit fitted, then that is classed as a modification so could bump up the premium for a modified 325i over and above that of insuring a standard sport.

Whilst I'll get a public flogging for saying this, sports are way over priced cars and in my opinion, a sensibly modified non-sport is just as good a car.

These are all old cards now, the last production sports are now 12/13 years old now, cars that have done no mileage may be no better than something that has done 150K miles as not using a car can cause just as much problem as an abused example as seals, bearings and bushes etc all suffer from lack of use/ lubrication/flexing etc.

Better off looking for something that has had some use for the price bracket you are in, someting that has had a few quid spent on it with the usual faults being rectified, but you are always going to have an ongoing maintenance problem with an E30.

Better off just getting something that looks a straight unmolested car that has some evidence of service history/ maintenance rather than a jazzed up rot box.

If you spend a bit of time looking through the maintentance/ technical query threads on here you will probably arm yourself with sufficient knowledge to make a decent choice. Ask a fellow zoner to come and look at cars with you for a 2nd opinion.

For 2K you will get a sport that will probably need some bodywork or other gremlins cured. But for that money a nice late 2 door se could be had, so you start with a good solid motor and then can refine/modify it at your own pace and with what you can afford.

Look at me, 6 months on the zone and spouting off like an expert!

[massive]

Sorry, not entirely with it this morning!
I'm 19, live near Huntingdon. No points. No convictions.
No claims is a complicated one, but for some reason I have maximum.

I was mainly wondering if many people have big excesses, and how likely I am to get a good car for Ԛ£2k.

Good quote for comp on a Sport at 19. Some companies dont even insure you until 21 or 25.

You'll have to seach high and low for a decent sport for 2k

[320Touring]

Beemerlad speaks the truth

and Ԛ£700 isnt a bad quote

I pay Ԛ£710 Fully comp on my 320i touring-24 no NCB and 1 accident

Glasgow postcode too

[Richy325iTouring]

im pay 600 fully comp and the 320
witfull mtec kit

The kit doesn't make the slightest bit of difference though.

This thread's a bit pointless at the moment as you've not said where you live, what age you are, how many years NCB you have, or whether you have any points or convictions or have had any accidents.

So I can't see how anyone can tell you whether you've got a good quote or not.

if it isnt declared then the isurance is invalid
so it does
im paying the same as i was paying on the touring well it works out the same with the transfer fees they shafted me with
i havnt got any no claims either so im happy with mine

[Zayyan]

The kit's a factory option so I'm sure it doesn't make a difference.

kingbreezer, re big excesses, are you implying Ԛ£400 is big?

Mine's Ԛ£1,050.

[kingbreezer]

Lots of cool info

Thanks dude, that's exactly the sort of info I was looking for.
I've been offered a sport replica by 'jonb'. He will be getting one in stock soon, and it seems like a good'un.
f reg, 2 door, zinnobar red, factory fitted options include, m-tech 2 kit, lsd, close ratio box, 15" bbs, recaros, m-tech suspension, m steering wheel etc. (i have the printout from the dealer), 130k, loads of history. and the engine bay is mint. Brand new MOT.

This is exactly my price limit, and seems pretty decent. It has high enough mileage to have been used, but also history.

How much time am I likely to need off the road for repairs per year, do you reckon? I'm looking forward to 7.8 to 60 though.

Edit: Holy shit, Ԛ£1k excess? Hmm, then maybe Ԛ£400 isn't that bad. I can just hope it won't get vandalised then, I suppose.

[Richy325iTouring]

yea but it has to be declared because of valuation purposes on replaire replace ment etc
sport are no hassle kit was standard
im not paying any extra for my kit or my alloys (as mine arnt standrd bmw rims) but its all declared so if anything happens i wont be out of pocket
plus old bill round my way check your policy to see if eveything been notified to insurance

[A1BMW325iSport]

mines 248 f/comp with privilege, i have 8yrs no claims

[Zayyan]

yea but it has to be declared because of valuation purposes on replaire replace ment etc
sport are no hassle kit was standard
im not paying any extra for my kit or my alloys (as mine arnt standrd bmw rims) but its all declared so if anything happens i wont be out of pocket
plus old bill round my way check your policy to see if eveything been notified to insurance

I meant it doesn't make a difference to the policy price because it's a factory option. As you've confirmed.

And kingbreezer, yes a Ԛ£1,050 excess. It lives in the garage and I don't drive like a knob so the excess is something I don't intend to be paying

[kingbreezer]

yea but it has to be declared because of valuation purposes on replaire replace ment etc
sport are no hassle kit was standard
im not paying any extra for my kit or my alloys (as mine arnt standrd bmw rims) but its all declared so if anything happens i wont be out of pocket
plus old bill round my way check your policy to see if eveything been notified to insurance

I meant it doesn't make a difference to the policy price because it's a factory option. As you've confirmed.

And kingbreezer, yes a Ԛ£1,050 excess. It lives in the garage and I don't drive like a knob so the excess is something I don't intend to be paying

Do excesses come out of payment if the car is written off, or only if it needs repairing?
I'll hopefully be parked on a private drive, but being at uni in Nottingham could mean it gets vandalised at some point in its life.
At home I'm fine because I live on a farm, so it would only get stolen, not vandalised. However, I doubt it's really worth stealing is it?

[Zayyan]

Do excesses come out of payment if the car is written off?

Yes.

If you keep it for most of the year at Nottingham you'll have to inform your insurance company of this or they might not pay.

Oh and if it looks like a Sport (i.e. M-Tech kit), unfortunately there is a higher chance it'll be stolen, yes.

[E30BeemerLad]

anything that is fitted to the car as an extra has to be declared, the bodykit on mine is a genuine kit that was fitted when the car was 2 years old by the supplying dealer. Mtec kits are no longer available from BMW and I recall an eye watering Ԛ£2800 was the price for a kit.

When you speak to the insurers they will ask you if the car has any modificatons or optional extras fitted. If you don't declare then you could run into problems when a claim is made.

I was perhaps too honest for my own good and declared the obvious visual mods such as kit, alloys, suspension, brakes, exhaust etc, but I also told them about chip, cam, fpr etc etc.

My premium is Ԛ£500 fully comp with privilege, I am 30 and my missus 27, think the excess is Ԛ£100. Unless I had a fault claim, doing what I do for a living I would probably just claim directly from the third party insurers.

JonB is a top bloke and has sold many a part on here and I believe he is well thought of and he seems to accurately describe the gear he is flogging.The car you have mentioned sounds very good, but is of course modified in the eyes of insurers, so well worth doing some homework and getting accurate quotes before you find you can't afford to insure it properly. Also, be advised that even when declaring bits of add on kit etc to the insurers, most policies have a "standard" issue when it comes to replacing items damaged in a collision etc, so even though you have forked out for say a nice set of springs/ dampers etc, if the insurers need to replace this kind of kit as part of a claim, they will only fund the cost of standard parts.

My car only cost me Ԛ£500 to start with, well in fact it was Ԛ£250 and I gave my mate a 4 year old Sony Vaio lap top , but it costs me the same to insure the damn thing for a value of Ԛ£2K and I know full well I wouldn't get that if I put it around a tree. If I did, I would probably break the car instead of claiming.

If you take on a massive excess like Ԛ£1K, in my opinion there is little point having fully comp cover as the insurers will probably value the car at Ԛ£1500 maximum and that means you would only see Ԛ£500 for a claim. Probably just aswell insuring for TPFT. I am considering just going TPFT given my car is currently a bit of a rotter.

[Fushion_Julz]

I pay Ԛ£350 TPFT (for the 325i) with Ԛ£100 excess, no mods and Ԛ£600 of stereo cover included. Parked on a road and social & commuting use with full, protected NCB (60%) with Churchill...

The M3 is insured with Adrian Flux on a classic agreed value, limited mileage policy (5,000pa) with full NCB (cos they match your main policy) and fully comp (obviously)...parked on a drive or garaged, no mods and including occasional commuting use for Ԛ£450 with no excess and Ԛ£600 audio cover.

[kingbreezer]

Don't worry, I'll make sure they know all the details of any car I have. They don't usually charge extra for mods, butI'll let them know.
My current policy covers me in Nottingham, so I'm covered on that front.
I love the look of the sport kit, that's part of why I want a 325 hehe.
I might try and get a tailored policy with some stereo cover too, if thse cars draw attention. I won't be modifying it at all apart from small stereo (Value of about Ԛ£500)

[taddy]

Hi, im 20 and the lowest ive been quoted for a 320i is Ԛ£1800 so can someone give us an idea??

Norwich Union wont look this way as any engine above a 2lt is for people above 21yr old only.

So the lad who got that quote for Ԛ£700, is that your only insurance or do your parents have something to do with it

Cheers fellas

[Zayyan]

Yeah kingb, tell us how you got 5 years no claims at 19

[320Touring]

Hi, im 20 and the lowest ive been quoted for a 320i is Ԛ£1800 so can someone give us an idea??

Norwich Union wont look this way as any engine above a 2lt is for people above 21yr old only.

So the lad who got that quote for Ԛ£700, is that your only insurance or do your parents have something to do with it

Cheers fellas

I found on elephant.co.uk that adding my parents as named drivers reduced my policy considerably

[E30BeemerLad]

being married and/or having kids reduces premiums too!

[dazleeds]

being an old git like me helps loads

[Zayyan]

I've had my licence longer than you though!

[dazleeds]

i have 5years ncb and only passed test in jan 05

[Zayyan]

Bastard. Still don't know how that works though.

Nor how the dude who started this thread has 5 years NCB at 19.....

[dazleeds]

thats impossible to have 5years ncb at 19????
cue beemerlad legaleagle

long story mate but i have full protected ncb with morethan

[320Touring]

Bastard. Still don't know how that works though.

Nor how the dude who started this thread has 5 years NCB at 19.....

i know that confused.com will let you claim up to 4 years EQUIVELENT NCB if you have been under someone else's policy previously, with no claims

[Zayyan]

I thought you could inherit it from the rents maybe?

I really want to know

[Zayyan]

Bastard. Still don't know how that works though.

Nor how the dude who started this thread has 5 years NCB at 19.....

i know that confused.com will let you claim up to 4 years EQUIVELENT NCB if you have been under someone else's policy previously, with no claims

Interesting, but that can't be the case here as he's only been driving for two years.

[taddy]

So do any of you know an insurance company that might look in this general direction?

With a 318i its not that bad because ive managed to get that down to just under a grand! Which is pretty good in my eyes.

Thats with 1yr NCB, Cat 2 alarm and 1 accident which i werent at fault

[E30BeemerLad]

until you are out of your 20's anything with a bit of poke is going to cost you top $$$ to insure.

Not only do you pay for the car and the associated risks that come with theft and vandalism, especially as lots of us like to "refine" the looks of our cars, thus making them more of a magnet for thieving scum. But also insurers look at the risks you present to other road users and the damage caused to other property when control is lost etc, but one of the other biggest factors is that young drivers often have a car full of mates when the car leaves the road and rolls over etc, who all in-turn come and see me about claiming injury:lol:

Most insurers are still operating in a market place where for every Ԛ£1 they collect in premiums, they pay out Ԛ£1.05 in claims, so although non of us really have any sympathy for large global organisations who still manage to turn massive profits across the life & pensions side of things, we are stuck paying silly premiums.

Uninsured drivers are also a big scurge, every one of us is paying about Ԛ£30 on our annual premiums to find the motor insurers bureau, who pick up the pieces for uninsured driver claims and untraced/hit n' run twats.

Happy days

[Zayyan]

So do any of you know an insurance company that might look in this general direction?

With a 318i its not that bad because ive managed to get that down to just under a grand! Which is pretty good in my eyes.

Thats with 1yr NCB, Cat 2 alarm and 1 accident which i werent at fault

With Norwich Union you'll definitely get that under Ԛ£800 if you have Pass Plus.