Car insurance 17 yo

[Angelofmycoins]

I'm replacing my car with electric . Current car is a medium size estate, 10 years old, 2.1 litre diesel engine. Some superficial damage from minor scrapes. Its insurance class 30.

WIBU to hold on to this car for my son who is 17 next July?

I will get peanuts selling it, and then having to rebuy a second hand car when he has passed his test we will loose money.

BUT, do you know about insurance on a bigger car like this for first time driver boys? Will the engine size/insurance class make it a massive quote? Struggling to find out from Admiral etc as they all want to wait until he passes his test to give a quote. .....?

It’s not a typical teenage boy car so might not be as awful as you think.

Get a quote pretending that he’s a year older than he is and just passed his test to get a rough idea. Remember that adding you / df as a named driver can lower the cost.

Thanks. I've tried the fake quote, adding him as a named driver onto our policy.
They wanted his Driver license number, so I couldn't go ahead.....

Pretend he has passed his test by changing his age to see what quotes come up. You are just seeing what things cost. We did this on CompareTheMarket with Ds1 when we had no idea how much it would cost. We didn't have an actual car for him either just used number plates off cars for sale on Autotrader to see what cars cost what.

The biggest unknown is the driver so for reference I could halve the price of the vehicle from a £9.5k Polo to a £5k Polo and the insurance remained the pretty much the same with a big excess. It isn't just about the car they drive, it is about the potential cost of the car they hit eg Mercedes.

You don't need a driving license number for a quote on a comparison site. I liked CompareTheMarket as it held all the details and I just kept changing the car. I a

Try Go Compare or Compare the Market. They ask for the license number but you can continue without giving it.

Thanks I will try, but actually we would only add him to our policy, which is with Admiral and they won't help. I'll see how much it would be if he drives it alone.

Engine size is my biggest variable concern, not the car's actual value which isn't vast.

eg.
The larger an engine your car has, the higher a cost your insurance will be. Sometimes the difference between a 1.9 and a 1.6 can be over £1,000. The higher the engine size, the most likely statistically you are to have an accident, especially as a new driver.

If he’ll be the main driver of that car, then he can’t just be named on your policy. It needs to be in his name.

Just do a dummy quote through compare the market, name you son as main driver and you as secondary. Might be lower than a typical teenage car, my dsd’s was

Put it into money supermarket and check the premium vs. an alternative car which might be the sort you would buy him.

You need to have him as the main driver, surely?

there are plenty of sites and companies to run dummy quotes that don’t need a DL number though

Best is coming out £4k per year with me as a named driver on it. No idea if that is good or not.

You need to do some comparisons with smaller engines cars too and that will give you a rough idea of whether it’s much higher than a smaller car

My kids have their own cars and a black box policy which worked out cheaper than if we shared a car.

Have you looked up how much learner insurance is? It might be best to use the current car for learning then replace it after passing the test?

If it’s his car that only he uses but you were going to be named driver for insurance purposesthen it’s called fronting and technically insurance fraud.

I would see if you can trade in your old car when you buy your new one - or if you have already bought the new one, look to do a trade in on something like a Nissan Micra or other small car. Having seen the complete hash my son makes of parking my Yaris, I'd hate to see what a 17 year old does parking a big chunky car. Also, diesels are being phased out and you would be penalised if you tried to drive a ten year old diesel in most major cities already. Ditch the diesel. Buy a small compact when he has passed his test.

We had an insurance group 18 car and they wouldn't insure my 17 year old at all. He pays £1700 for a 1.0l aygo!

Thanks. Are petrols being phased out too?

An engine of that size at 17 will mean ridiculous insurance quotes.

Unless you can afford it, it's a non-starter. Sell it and keep him the money, diesel values are on the way back up.