0 Comments 8 ways to find the best car insurance for younger drivers BelfastTelegraph.co.uk Insurance for new young drivers can be ruinously expensive – and if anything, it’s got worse over recent years. https://www.belfasttelegraph.co.uk/cars/8-ways-to-find-the-best-car-insurance-for-younger-drivers-36203056.html https://www.belfasttelegraph.co.uk/incoming/article36203062.ece/29880/AUTOCROP/h342/taxi%20driver.jpg Email Insurance for new young drivers can be ruinously expensive – and if anything, it’s got worse over recent years. The AA British Insurance Premium Index released in July 2017 revealed that average premiums for young drivers aged 17 to 22 are up to £1,771. However, even this can be misleading because costs can be much higher, for example insuring a 17-year-old in Northern Ireland can cost thousands. The main reason insurance is so expensive is that they are more likely to be involved in an accident. Unfortunately, a quarter of all … [Read more...] about 8 ways to find the best car insurance for younger drivers
Best car insurance 25 year old
IMAGINE turning 25 and seeing that your bank account had been boosted with a birthday present of £10,000. It’s the stuff of dreams, right? Well, if The Resolution Foundation had its way, this wouldn’t just be every young person’s fantasy - it would actually happen for real. The independent think tank says all 25 year-olds, no matter how rich or poor, should receive a lovely little £10k nest egg from the government to help with tuition fees, buying a home or caring costs. Supposedly, this would balance out inter-generational unfairness to help young people, already priced out of the housing market and struggling with insecure jobs, to stand on their own financial feet. But, if this were to happen in reality, would anyone really look after the handout in a sensible way and invest it wisely in their future? Or would they head to the nearest travel agent and splurge it on a one-way trip to Bali? We take a closer look at the bank accounts and spending habits of … [Read more...] about Can you guess who has £10,000 and who has £24? What’s really inside these 25-year-olds’ bank accounts
I am a 30-year-old guy who has owned 10 cars in the last 12 years. I'm driving a 2007 Audi A3 I picked up for €800 and recommissioned it as I was between jobs and needed a runabout. I'm after getting a new job that requires a 140km daily commute, my little 1.6 A3 needs to go. My budget is anything up to €13k. I know cars fairly well so will do most of my own mechanical work. I really hate spending one euro more on buying a car than I should. However, as I'm looking at my options I'm just a little bit stuck on what I should pick up. I've had two BMWs (Z4 and 320i) and like them, so a 123d appeals, but I'm terrified of the N47 timing chain issue. I like Audis but they aren't fun to drive so I'm thinking of a 09 CLK Mercedes 2.2 CDi. It might be the right combination of motorway suitable and fun to drive. Would I be better off with an A4 Avant or Jaguar X-TYPE and spending money on a classic car so that I have a two-car garage? It's a Jekyll and Hyde scenario. I'm a bit … [Read more...] about 30-year-old dilemma; Hold on? Third-baby car; dream machine; Micra managing.
If you’ve two or more cars in your household, you may be able to save £1,000s using a multi-car policy… then again doing that may leave you paying £1,000s over the odds. Frustrating isn’t it. There’s no law as to when it’s cheaper, but I have come up with a rule of thumb that can help. Multi-car insurance really is marmite. In a Facebook poll of 2,100 people I did recently, 40% with more than one car said multi-car won for them, 60% said separate policies did. And the differences can be startling. On the ‘love it’ side is boredwithbeingIgnored who wrote on my web forum: "Over three cars (incl our 18yr old son's), we saved £4,600 as our MultiCar policy reduced it to a much more manageable £2,600. Thanks MoneySavingExpert." On the ‘hate it’ side Suzanne emailed: "Husband had three cars on multi-car, followed your guide and bought three [separate] policies, saving £1,400." Get the opposite quotes to … [Read more...] about THE MONEY FILE: The ‘rule of thumb’ for multi-car insurance
According to the AA’s recent survey of motoring costs, the average cost of running a family car for a year is €10,691.37. Some good news for motorists regarding car insurance was cancelled out by the recent spike in fuel prices.“In 2018, it appears that fuel prices has jumped to the fore as the greatest concern for average motorists,” said AA consumer affairs director Conor Faughnan.“The continued climb in pump prices which we have seen on a near monthly basis is leaving a significant hole in wallets across the country.” The total is an increase of €20.25 on the same figure for last year, according to the AA’s calculations. Irish families, particularly those where two adults are commuting by car, will not be surprised by the findings.Between buying, taxing, insuring, repairing and refuelling cars, being an Irish driver is an expensive business. The bad news is there is very little an ordinary motorist can do about the price … [Read more...] about Making Cents: Play it smart and reduce cost of running the car