BMW Z4: 17 year old insurance

[uuf361]

1.0 Corsa is going to be more insurable but still around £2K per annum,........

[PaulReed]

Best so far has been £9000 per year for 2.0 2007 sport.
Can get it down to £6500 with myself as additional driver (parents being main)..

Anybody know how well the tracking insurance is? Where they fit a tracker to record your millage..

[Adamski]

If the insurance is the same ££££ a the car's value, might be better saving your pennies until the insurance is less, and getting a better car with bigger engine and spec in a few years?


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[Spud]

Best so far has been £9000 per year for 2.0 2007 sport.
Can get it down to £6500 with myself as additional driver (parents being main)..

Anybody know how well the tracking insurance is? Where they fit a tracker to record your millage..

Putting your parents as main and you being the main driver is illegal.

That's a ludicrous price anyway - unless you are quite literally a millionaire. And if you are then you wouldn't be insuring a 5 year old base spec Z4.

Considering this, in any way shape or form, makes absolutely zero sense.

[sars]

Best so far has been £9000 per year for 2.0 2007 sport.
Can get it down to £6500 with myself as additional driver (parents being main)..

Anybody know how well the tracking insurance is? Where they fit a tracker to record your millage..

If you really want a rear wheel drive convertible, think about an MX5, it will be a lot cheaper than a Zed, after all £9k is a stupid amount to pay EVERY YEAR just to be in a £12k car. Insurance companies take a dim view of people lying to them, it just isn't worth the risk.

[Seb.F]

Best so far has been £9000 per year for 2.0 2007 sport.
Can get it down to £6500 with myself as additional driver (parents being main)..

Anybody know how well the tracking insurance is? Where they fit a tracker to record your millage..

Honestly, that's a ludicrous amount to insure a Z4 at. I'm 23 and insurance is still £900 for me on a 3.0i, but then again I can insure an R8 for £1350.

The most I've ever paid for insurance was my first car - £1600 for a 1.6 206.

As for the tracking - we provide the tracking service for one of the largest insurance firms that run this scheme - iKube. I can fairly safely say that they wouldn't touch a Z4 (they may do at a real push but don't quote me on that). It's just not the type of car worth going near for young people.

[cj10jeeper]

As said it's going to be mega expensive. My daughter got £900 iirc on an old Ka. Every trick in the book of low mileage, good postcode, 1/3 party F&T Even did pass plus. Premium still increased after test. 4 years on she's down to low hundreds.

Personally I'd run a banger for a year, save money and then get a Zed. You'll be wealthier with the savings, better driver, get a better Zed and lower premiums with ncb.

If you must get one then has to be a 2.0 and good luck

[Nova2k7]

There is no way you can insure a Z at 17 on your own! I would be surprised if any company would quote you! And don't put your parents as the policyholder as you might as well drive with no insurance!

[bluestreak56]

As said it's going to be mega expensive. My daughter got £900 iirc on an old Ka. Every trick in the book of low mileage, good postcode, 1/3 party F&T Even did pass plus. Premium still increased after test. 4 years on she's down to low hundreds.

Personally I'd run a banger for a year, save money and then get a Zed. You'll be wealthier with the savings, better driver, get a better Zed and lower premiums with ncb.

If you must get one then has to be a 2.0 and good luck

I second the opinion, it will be wiser!

The only way to go - ran my £1000 Micra for 4 years was the best thing I could have done.

[Jembo]

You are either very brave, very rich or can cope with serious disappointment.

My insurance Co. stomped & squealed by increasing my insurance by £2400 at renewal on a Polo 3 months after I had put my son on it and laughed when I mentioned my other cars.

Good luck

[Craigza]

I've just turned 21 and pay £1400 to Insure my 2008 3.0l Z4 Coupe....... on my own policy with no extra drivers.

At 18 I was driving a 2003 1.8 3 series BMW but that was pushing it back then, costing me £2200 a year to insure.

At 17 I think your dreaming! Get yourself a 1 series until you hit 21, ALOT of insurance companies wont touch a car over 120bhp until you turn 21 Is what I was always told.

Best of luck and report back if you do get lucky!

[Ricey01]

Best so far has been £9000 per year for 2.0 2007 sport.
Can get it down to £6500 with myself as additional driver (parents being main)..

Anybody know how well the tracking insurance is? Where they fit a tracker to record your millage..

I've not hung around here for long enough to know the etiquette for 'calling troll'.......but I'm calling troll

[SynapticFire]

I was quoted near £1400 a year last year. That was at 26!

Had a rough quote much lower (but still a fair whack at ~£600 ish) just now for when I next renew which would be 28, 5 years NCB and 9 years on the license.

[marchantsuk]

Right, so I'm 17 years old, just passed my full UK car test & have 1 year no claims on my full UK motorcycle license.
I'm just wondering which insurance companies you'd recommend for a young driver for a Z4.

Any advice would be great.

Wow, wish I could have afforded a Z4 at 17, good effort and good luck with your search.

I feel it may be expensive, but that's just my gut feel

[Ewazix]

............ and moving swiftly back to the real world, something to use inbetween the mountain bike and the Z4