Help!

[b4gga83]

Right, situation.

As i am turning 24 this year, I thought that I would treat myself to a 318is as I have been wanting one for the last two years. I have a good job and own my own home, been driving for the last 6 years and have a clean license, no accidents either.

I have a company car which i use during the weekdays and would be driving the IS on the weekends only and probably only cover around 2000 miles per annum.

The cost to insurance the IS, £2,500.

How can I get my premiums down?

Replies would be much appreciated.

[bazza93]

up your excess, get your dad to insure it and go as a named driver

[darkchild]

2.5K is stupid money to insure a 318is. Most insurers don't even recognise it as different to a standard 318i. Do a bit of shopping around.

[tylerma]

who is the quote with

and what area are you from

[bazza93]

also fit alarm immobilser thats approved by your insurance company

[march109]

WTF how is that possible, have you double checked the details you entered and where did you get that price??

Try classic car insurers (limited mileage policy) or try www.confused.com

if you have no accidents or convictions, are 24, have 6 years driving, company car, and only intend on driving 2000 miles per anum you must have made a mistake on the qoute form.

I have near enough the same circumstances as you and ecar.com insure me on a 325 sport for £400 per year 8000 miles with 3 points. Don't live in N.I or Beruit by any chance???

[b4gga83]

Live in handsworth B'ham, excess i put in as £450 and the quote was given by insurers through confused.com

[tylerma]

try elephant mate
they were very good to me new driver with a 318i cab no NCB fully comp and living in east London
which is one of the worst areas that only cost me £1250

[Steve-E30]

http://www.gocompare.com/

[romario]

As said above, can you find anyone who will insure it on a classic policy? Many will require you to be 25 but there will be some exceptions. One requirement of a lot of classic policies it that the car is not your main car, in your case it wouldn't be.

[Ziggy]

Try adrian flux / HIC / firebond / performance direct etc.

& I had a classic policy with Lancaster at 19 IIRC...

[gazza]

i used loads of different searches but found that a quote from a company called "A QUOTE" unbeatable 325 touring £209 fully comp and 318 cab £180 fully comp the second was a new policy with no no claims alas i am over 40 but they are worth a try

[Steve-E30]

I tried a few places for classic insurance on mine today and most places wouldnt touch it unless it was 1987 or older , The ones who did quote were higher than my regular insuance compant which suprised me , Im with http://www.endsleigh.co.uk/ if thats any help

[m-dtech]

adrian flux mate, go for limited milage.

[whipsey]

go straight to the insurace company not through a broker i've got a policy with tradex aand have three cars constantly covered for about £700

[schnaarf]

i'm insured as a second driver on my 325i touring with dad as first driver. £1043.86 and i'm 20 and had a license for 2 years with no claims and no no claims bonus. Its with direct line so i will get no claims bonus being a second driver...

[Cook318IS]

I'm 19, own a e30 318is and my insurance is only £1200 fully comp! hav u tried direct line? thats who im with and thats with 1 years no claims!