How much to pay for a VR6?

[richieboy2008 0]

Hi, I plan to buy a Corrado VR6 at some point after xmas. I'll have a budget of around 4-5K. What kind of VR6 should can i expect to get for that kind of money?

 

Also, does anyone know of any insurance companies that can quote less than £800 fully comp for a 22 yr old, clean licence, that will do less then 6000 mile per year?

[Jim 1]

Hi :)

 

If you're going to spend up to £5000 you should be able to pick up a very nice, well looked after example. Keep your eyes on the For Sale section.. there is even a Storm for sale in there at that price currently!

 

Insurance wise.. well.. it depends on your area and how much NCD you have.. if you have 2 or 3 years no claims you have a good chance of getting fully comp for that sort of money. Get ready to do some phoning around and haggling though!

[dr_mat 0]

The insurance "market rate" for old gits with full no claims in medium risk areas on Corrado VR6s is about £800/yr, so unless you've got that full no claims I'd be expecting around a grand plus for insurance, particularly given your age. Though the low miles might help if you can keep the car securely garaged.

[Jim 1]

Are you kidding?! I got an insurance quote of £560 for a Corrado VR6 - thats for next year with 5 years no claims, aged 25, parked on the road in sunny Coventry doing about 10,000 miles a year!

[chrishill 0]

paying £700 on mine, 3 years no claims, 26 and in a bit of a dodgy (according to the insurers!) area.

[Jim 1]

I just did an online quote with Direct Line and if I lived outside of Coventry in one of the slightly better areas I could get insurance down to £450! More of a motivation to keep my car pretty standard i'd say! :|

[richieboy2008 0]

I just tried elephant, £750 fullycomp. Not bad.

[dr_mat 0]

I didn't say that's what you'll pay if they're in a good mood, just that that's what some nebulous "market rate" says is about right for the car... I'm paying a lot less than that, too, and I was quoted £395 without modifications this year ..!!

[mr.ots 10]

Paying just over £600 fully comp with Admiral.

 

VR6 Storm (extra insurance group I think) 0 NCD (using my full NCD on my van) living in east london (high risk area).

 

Maybe it's just be because I'm an old git! :)

 

Also found sticking an older female on the policy brought it down around £70

 

Try including your mum on the policy. :lol:

[richieboy2008 0]

I stuck my dad on there. Took it down by about £250!!

 

Well roll on xmas!!!! Thats all I can say.

 

btw, anyone interested in a Renault 10 1.4 RT??????? No didn't think so. lol

[bristolbaron 10]

my gf has just started driving, she has a 8v mk2 gti, insurance 3rd party was £450.. down to £420 if she added me to her policy! Shes 27 im 24.. couldnt believe i'm actually of some use!

[NickVR6 0]

My Vr6 costs me £480 fully comp with all mods listed and protected full no claims, garaged.

[CoxyLaad 0]

Are there any 'low risk' areas left?

[lukeage 0]

I just tried elephant, £750 fullycomp. Not bad.

 

Only thing to be aware of with elephant is they do something called a no-claims bonus excellerator. This is where you get a no claims discount after 10 months - This sounds good, apart from no one else but elephant will recognise it as a NCB - so if you come to move your policy over to another company, they won't accept it is it is not a 'year's no claims bonus.

[mr.ots 10]

I know there are a few companies doing this 10 month accelerator so maybe they will accept each others even if the 12 month merchants wont.

 

Would need to be checked.