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RS3 Insurance

Discussion in 'RS3 Forum (8P & 8V Chassis)' started by g5und, May 15, 2012.

  1. g5und
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    g5und Member

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    [May 15, 2012]
    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?
    #1
  2. t8ups
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    t8ups Site Sponsor Site Sponsor VCDS Map User

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    [May 15, 2012]
    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.
    #2
  3. _G_
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    _G_ Active Member

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    [May 15, 2012]
    same here... my old s3 was £800 and the rs3 on order... lowest quote so far is £450!
    #3
  4. spiralsmile
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    spiralsmile New Member

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    [May 15, 2012]
    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!
    #4
  5. g5und
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    g5und Member

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    [May 15, 2012]
    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 :)
    #5
  6. Dave Hedgehog
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    Dave Hedgehog Active Member

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    [May 15, 2012]
    limited RS models tend to go to enthusaists who look after them

    RS4 B5
    2001 507
    2002 527
    2005 508
    #6
  7. jerseypaul
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    jerseypaul Member

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    [May 15, 2012]
    Yes, we're in the 450 ish bracket too.
    #7
  8. elton121272
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    elton121272 Active Member

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    [May 15, 2012]
    Yep, I too am paying about £450 with 10yrs NCD protected.
    #8
  9. MBK
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    MBK Well-Known Member

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    [May 15, 2012]
    Same here, very reasonable compared to similar price/performance cars.
    #9
  10. Signum
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    Signum New Member

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    [May 16, 2012]
    350 GBP for me. Very reasonable indeed...
    #10
  11. S3DBW
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    S3DBW Member

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    [May 17, 2012]
    Just got renewal in, £278, so not going to complain at that
    #11
  12. RSjack
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    RSjack New Member

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    [Jun 17, 2012]
    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

    #12
  13. Dave Hedgehog
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    Dave Hedgehog Active Member

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    [Jun 18, 2012]
    I would recommend gap insurance, I have 25k return to invoice cover for 4 years from ala, about £60 a year
    #13
  14. Sticks
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    Sticks Member

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    [Jun 19, 2012]
    sainsburys,£350, fully comp and insured for the amount i payed ,
    #14
  15. g5und
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    g5und Member

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    [Jun 21, 2012]
    Bell have always been the best for me.
    #15
  16. HullRs3
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    HullRs3 7th Gear

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    [Jul 31, 2012]
    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.
    #16
  17. HullRs3
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    HullRs3 7th Gear

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    [Jul 31, 2012]
    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.
    #17
  18. wuta3
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    wuta3 Well-Known Member

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    [Jul 31, 2012]
    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.
    #18

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