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RS3 Insurance

g5und May 15, 2012

  1. g5und

    g5und Member

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    So I'm going through the renewal process at the moment as I added the RS3 onto my previous policy last month which expires at the end of this month. I've looked at all the usual places/comparison sites and I'm shocked at the prices... Cheapest I've found is £450! Bargain! I was paying £650/£700 on my previous car (an S3) so i'm baffled as to why the RS3 is considerably less. Has anyone else seen this?
     
  2. t8ups

    t8ups Site Sponsor Site Sponsor VCDS Map User

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    HSP is in the same boat, he pays less for his RS3 than i do for my Golf GT TDi. baffled. aparently its because its a new car and there are no stats on it as there are not that many about.
     
  3. _G_

    _G_ Active Member

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    same here... my old s3 was £800 and the rs3 on order... lowest quote so far is £450!
     
  4. spiralsmile

    spiralsmile New Member

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    I just renewed as well £450 parked on the street in London - that has come down from £700 for last car (clapped out Golf v6 4mo). As you say - reckon its the lack of data that it hasn't been correctly risk priced yet.

    Given there has been a couple of write-offs so far hopefully there won't be a big bounce this time next year!
     
  5. g5und

    g5und Member

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    Thanks for the responses. Lack of data sounds like the most obvious reason - let's hope there's still a lack of data this time next year to keep the premiums down :)
     
  6. Dave Hedgehog

    Dave Hedgehog Active Member

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    limited RS models tend to go to enthusaists who look after them

    RS4 B5
    2001 507
    2002 527
    2005 508
     
  7. jerseypaul

    jerseypaul Member

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    Yes, we're in the 450 ish bracket too.
     
  8. elton121272

    elton121272 Active Member

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    Yep, I too am paying about £450 with 10yrs NCD protected.
     
  9. MBK

    MBK Well-Known Member

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    Same here, very reasonable compared to similar price/performance cars.
     
  10. Signum

    Signum New Member

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    350 GBP for me. Very reasonable indeed...
     
  11. S3DBW

    S3DBW Member

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    Just got renewal in, £278, so not going to complain at that
     
  12. RSjack

    RSjack New Member

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    Hi all
    My insurance is up soon and best price is £400. But willonly pay market value if total loss
    Goes up to £550 for, new for old replacement car policy.
    What company are you all with????
    Thanks RSjack

     
  13. Dave Hedgehog

    Dave Hedgehog Active Member

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    I would recommend gap insurance, I have 25k return to invoice cover for 4 years from ala, about £60 a year
     
  14. Sticks

    Sticks Member

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    sainsburys,£350, fully comp and insured for the amount i payed ,
     
  15. g5und

    g5und Member

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    Bell have always been the best for me.
     
  16. HullRs3

    HullRs3 RS3 8P (2012)

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    Direct Line gave me a cheaper quote when I changed from my 1.8L TT to my RS3 in January, 6 months ago. Ok, it was end Jan, but all my other quotes were in the £1,000 range where the RS3 with DL was about £450 I think. I was 35, had nil points, 10 yrs no claims, on business insurance, parking in garage at home and car not modified. Also, I left off break down as already member of RAC despite Audi gives free break down cover & I think I just paid for legal cover, not 100% sure if I did as I have slept a bit since.
     
  17. HullRs3

    HullRs3 RS3 8P (2012)

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    Also got GAP when I got the car, same as when I got my TT. Now some people don't think much to this, but due to paying £40k for it, I think it is worth getting it.
     
  18. wuta3

    wuta3 Well-Known Member

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    Hmm with insurance savings like these because the car is new/un-measured ... those savings would offset depriciation and outlay ... that's what im trying to tell myself ... i'm actually saving money if I bought one!


    ... then back to earth, where dodgy accounting doesn't work in the household.
     

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