Facelift Audi S3 Insurance Sky Rocketed, 19 Year old

[Bitzieee]

Wondering if anyone might have any suggestions/ideas?

I'm 19 years old and have a 66plate Polo GTI at the moment and have an Audi S3 on order due to collect 2nd of September. I had a crash last September (nothing crazy, just lost concentration and rear ended someone at around 10mph. My insurance was £700 for the GTI at the time, but went up to £1600 because of the accident. I'm no due to Renew my insurance on my GTI and it has gone up to £3500 and I really cant wiggle it any lower...

Before I ordered my S3 my quotes for the insurance were £2500 (including my claim and 1 years NCB which is what I will have in Sept). They still said that a month after ordering it, now my insurance is £4500 and again I can't get it any lower no matter how hard I try. I obviously ordered the car under the original quotes which was a deciding factor in my choice of vehicle really.

And yes I understand owning a brand new S3 at 19 is a little OTT.

So my question is really, do I have any way to use my previous quotes as leverage or does anyone have any ideas what I can do next? I either take a huge hit on insurance or lose my £500 deposit and have little time to source another car, which wont be my 'dream' car like this is, that's for sure...

Thanks in advance

 

[Liquidfusion-S3]

Even at my age at 33 I still wouldn't want to take the hit of paying £4500, heck I find even £400 is far too expensive for my S3 insurance.
£4500 is a lot of money which could be better spent else where, like saving for a mortgage.

Cars will get old and you'll lose interest over time, find a cheaper car to run.
You have plenty of years to come to get a dream car

 

[Vale46]

Wondering if anyone might have any suggestions/ideas?

I'm 19 years old and have a 66plate Polo GTI at the moment and have an Audi S3 on order due to collect 2nd of September. I had a crash last September (nothing crazy, just lost concentration and rear ended someone at around 10mph. My insurance was £700 for the GTI at the time, but went up to £1600 because of the accident. I'm no due to Renew my insurance on my GTI and it has gone up to £3500 and I really cant wiggle it any lower...

Before I ordered my S3 my quotes for the insurance were £2500 (including my claim and 1 years NCB which is what I will have in Sept). They still said that a month after ordering it, now my insurance is £4500 and again I can't get it any lower no matter how hard I try. I obviously ordered the car under the original quotes which was a deciding factor in my choice of vehicle really.

And yes I understand owning a brand new S3 at 19 is a little OTT.

So my question is really, do I have any way to use my previous quotes as leverage or does anyone have any ideas what I can do next? I either take a huge hit on insurance or lose my £500 deposit and have little time to source another car, which wont be my 'dream' car like this is, that's for sure...

Thanks in advance

Sorry to hear your predicament. Insurance is incredibly expensive for the young these days. Just to add a little to your woes (sorry), I read insurance tax in the UK is going up by 2% today (to 12% IIRC), which may add a further hit.

Have you tried adding parents or other older drivers to the policy to help bring it down?

Failing that, I have found some specialist brokers that advertise in the back of car magazines have helped kids of friends in the past.

Good luck.

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[Bells]

Unfortunately I don't believe you'll have any leverage based on previous quotes they're usually only valid for 30 days, plus insurance prices are rising all of the time and I believe have increased again as of today due to some tax increase.

I picked up my FL S3 the other week and have paid just £204 with Aviva to cover me until my renewal in November but I'm 21 (22 in July) and have 3 years NCB. I'm hoping it'll be under £1000 for my renewal in November but I won't hold my breath.

Personally I couldn't stomach paying in excess of £2500 to insure an S3 my advice would be to wait a couple of years until you are slightly older and have a few more years NCB. Alternatively have a look at insuring a PFL S3 as they might work out cheaper to insure.

 

[Bitzieee]

Sorry to hear your predicament. Insurance is incredibly expensive for the young these days. Just to add a little to your woes (sorry), I read insurance tax in the UK is going up by 2% today (to 12% IIRC), which may add a further hit.

Have you tried adding parents or other older drivers to the policy to help bring it down?

Failing that, I have found some specialist brokers that advertise in the back of car magazines have helped kids of friends in the past.

Good luck.

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Your honesty is appreciated, but thankfully that 2% rise was included in my quotes today and yesterday,

I have both my parents on who have 30 years + NCB and clean licenses.

Do these brokers only lend money or help get prices down? I'm fortunate enough to have no issues in terms of borrowing the money

 

[Pinky1959]

Have you actually phoned the companies and asked why it has gone up to double what it was , That's a hell of a price though , I would take the hit on the deposit keep the polo and maybe next year try for a new s3 .or go to the dealers now and see if they have an audi a3 s line they could get you into if you are determined to change meantime .They will be able to sell the s3 when it comes so don't let them fob you off .
Good luck in getting insurance down

 

[Bitzieee]

Unfortunately I don't believe you'll have any leverage based on previous quotes they're usually only valid for 30 days, plus insurance prices are rising all of the time and I believe have increased again as of today due to some tax increase.

I picked up my FL S3 the other week and have paid just £204 with Aviva to cover me until my renewal in November but I'm 21 (22 in July) and have 3 years NCB. I'm hoping it'll be under £1000 for my renewal in November but I won't hold my breath.

Personally I couldn't stomach paying in excess of £2500 to insure an S3 my advice would be to wait a couple of years until you are slightly older and have a few more years NCB. Alternatively have a look at insuring a PFL S3 as they might work out cheaper to insure.

I don't want a PFL S3, but they are also not far behind in terms of insurance costs...

I still take a hit of £500 on my deposit if I don't take the S3

 

[Bitzieee]

Have you actually phoned the companies and asked why it has gone up to double what it was , That's a hell of a price though , I would take the hit on the deposit keep the polo and maybe next year try for a new s3 .or go to the dealers now and see if they have an audi a3 s line they could get you into if you are determined to change meantime .They will be able to sell the s3 when it comes so don't let them fob you off .
Good luck in getting insurance down

I haven't actually rung them yet although I will over the weekend when I have chance,

I can't keep my Polo for another year as it was a 1 year lease through work (I work for Volkswagen) and they have no revamped the scheme so I cant have another even if I wanted one

 

[S3GURI]

I'm 22 my insurance renews tomorrow at £985 for the year. Got 3 years NCB however if I were to get a quotation now. It would be £1640 (premium tax has been increased and that's what I get quoted at on comparison sites).. in February I got quoted £750 for the year. As someone mentioned above you've got plenty of time to enjoy cars, and you'll loose interest. Sadly I feel that this has happened to me, just don't enjoy the car any more. And for this reason my 66 plate Audi S3 will be part exchanged for something cheaper very soon


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[EmmaJ]

Prices have gone up due to new rules around compensation payouts. Plus all the other additional rises as mentioned on the thread. Try specing the ACC with autonomous braking and advise the insurance co. That should help lower the premium assuming you can still modify the spec.

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[KieranJ22]

How about paying for the car to have a tracker and upgraded security alarm? Lower the mileage then when you're near the limit, call your insurance and extend the mileage

 

[Craig Cull]

I pay £900 per year for my fl S3 saloon with 522ps and all mods declared. My insurance company wanted a cat5 tracker or they wouldnt insure it and im 32 with 8 years no claims. I wouldnt be paying £4500 for anything tbh

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[Bitzieee]

Prices have gone up due to new rules around compensation payouts. Plus all the other additional rises as mentioned on the thread. Try specing the ACC with autonomous braking and advise the insurance co. That should help lower the premium assuming you can still modify the spec.

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I'll be checking with the dealership as soon as I can to see about changing the spec, that's good information to have, thankyou

 

[Bitzieee]

How about paying for the car to have a tracker and upgraded security alarm? Lower the mileage then when you're near the limit, call your insurance and extend the mileage

Already planning on that, the tracker used to lower unsurance by £800 but not it makes no difference what so ever...

And that's not a bad idea on the mileage, certainly a way to make it a little more bearable but not as it was

 

[Vale46]

No doubt thought about, but I'll mention it all the same...

Is the insurance with the car off the road or garaged?

If not, it might be worth renting a nearby garage?

Might be easier said than done, but having the car off the road, at least for me, made a significant difference.

 

[GSB]

No doubt thought about, but I'll mention it all the same...

Is the insurance with the car off the road or garaged?

If not, it might be worth renting a nearby garage?

Might be easier said than done, but having the car off the road, at least for me, made a significant difference.

Made no difference for me, and I had thought that with living in a part of east London that's usually on fire, I might grab a bit of a discount by using a garage. In fact, I had heard that garaged cars attract a slight increase in premium due to increased occurances of owners pranging the cars into doors, pillars and walls.

 

[Ormesome]

What about your dad or mum taking out the policy but you as main driver? before anyone pipes up this isnt fronting so you will be fine but it might work out cheaper. someone a few months ago posted on here about insurance and he got it cheaper by his dad taking it out but having himself as main driver & dad as additional. I had never heard of this at the time so i was sceptical & did research. Totally legit and seems to save some people a few £'s. have a search. its on here somewhere! what are the details of your quotes? your name on all of it with mum and dad as additional drivers?

 

[Spinstorm]

I agree; just take it in a parents name and add yourself as a named driver.

Nothing wrong with that - you can drive it as much or as little as you like and so can you parent but I am sure that the price difference will be huge.

 

[Ormesome]

I agree; just take it in a parents name and add yourself as a named driver.

Nothing wrong with that - you can drive it as much or as little as you like and so can you parent but I am sure that the price difference will be huge.

But if he's named driver and drives it as a main driver would then its called fronting. Also if the OP is buying it on finance in his name then he would run in to trouble if he had a crash.

 

[TDI-line]

Just a thought, but as the S3 hasn't been processed, and is probably just a series of numbers and letters waiting to be assigned a build schedule, and as you are perhaps in a sticky dilemma, regarding said insurance price hike.

How about, this time round, re-spec the car as a smaller auto-mobile engined A3, with lower insurance.

Good luck.

 

[S3Alex]

I've been through a lot of this with my kids,and the insurance companies are wise to most of the methods of trying to lower premiums.

I tried all of the things like adding them as named drivers etc,and found that it made no difference at all,once the 18-20yr old was put on the policy as named driver or primary.

Another thing that made no impact at all was limiting mileage,and that in itself is another factor they're well aware of,in terms of which driver is doing the most mileage,and then listing that person as the primary driver.

By all means try all of these,but at the end of the day be prepared for a nasty bill.

 

[GSB]

Just a thought, but as the S3 hasn't been processed, and is probably just a series of numbers and letters waiting to be assigned a build schedule, and as you are perhaps in a sticky dilemma, regarding said insurance price hike.

How about, this time round, re-spec the car as a smaller auto-mobile engined A3, with lower insurance.

Good luck.

It'd be a good idea. The S3 will be a vandalism / jealousy / police magnet, will cost a good chunk of a house deposit just to insure, and I know that despite my learning to drive cars at 13, learning to drive artics at 15, and passing first time aged 17 + 1 month, I'd have been a lethal liability in something like an S3. I'd never have even considered it a possibility at the time, but looking back I know being unable to afford a motorbike at 16 or a fast car until my 20's is a considerable factor in my own survival to my 40's.

 

[Djs3saloon]

Alright guys, I've tried a new insurance quote for my s3 in January ! Five quid cheaper £425 strange knowing there was a 2% increase today??

 

[OST]

You have had some really solid advice above. Lose the £500 deposit or order something less powerful and look forward to the future.

It took me 7 yrs to get into a S3 from first test driving one and financially boy am I happy...I bought a flat in between to boot.

Lower your short term expectations, broaden your long terms...

 

[Tom.H]

You have had some really solid advice above. Lose the £500 deposit or order something less powerful and look forward to the future.

It took me 7 yrs to get into a S3 from first test driving one and financially boy am I happy...I bought a flat in between to boot.

Lower your short term expectations, broaden your long terms...

Sometimes waiting is key! I had a loan to buy my R32 9 years ago, went through some hard times financially during my ownership of it but thankfully am in the position now to have an S3 (albeit on PCP) with the insurance paid off.

 

[Ormesome]

Alright guys, I've tried a new insurance quote for my s3 in January ! Five quid cheaper £425 strange knowing there was a 2% increase today??

Didn't you add an extra years no claims to your no claims bonus? Not sure what every year is worth, 10% discount usually? So add that from the quote you got.

 

[Djs3saloon]

Didn't you add an extra years no claims to your no claims bonus? Not sure what every year is worth, 10% discount usually? So add that from the quote you got.

No I amended my original details, for cover to start at the end of the month..

 

[glospete]

Prices have gone up due to new rules around compensation payouts. Plus all the other additional rises as mentioned on the thread. Try specing the ACC with autonomous braking and advise the insurance co. That should help lower the premium assuming you can still modify the spec.

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I took this up with LV as I have ACC on my A3. They said that unless it is a standard figment across the complete range then they couldn't / wouldn't look at reducing premiums. So there I am stuck with paying the exorbitant figure of just over £200


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[EmmaJ]

I took this up with LV as I have ACC on my A3. They said that unless it is a standard figment across the complete range then they couldn't / wouldn't look at reducing premiums. So there I am stuck with paying the exorbitant figure of just over £200


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Interesting! I believe it's standard on the Golf R however. I wonder if that's the same attitude across all insurance companies. Didn't think to mention it but I'll phone my insurance company tomorrow and ask them as I have ACC.

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[RichardT]

A few observations..
At 19 the OP is extremely lucky to be in a position to possess a new S3. Even luckier that in post #5 you say that you have no problems with getting money to pay £4500 per annum for insurance. But it is really not a good idea to pay as much as that to insure a car (borrowed ot not). It's simply a waste of money. You can try all sorts of dodges to reduce it, but it's not going to reduce to the level that it's still not a waste of money!
Also slightly concerning that, again in post #5 you don't know what an insurance broker does.

There is some good advice on here - suggest you consider it. If you have access to this sort of money at your age you would be much better advised to either save it or use it for a more responsible purpose such as having some great holidays travelling. At your age and with some money in the bank the world is your oyster - use it wisely.

Just spend a quarter of the money you were considering on a car now and wait some years before you get your dream car. You will love it all the more.

I doubt very much if you will lose your deposit - certainly not if you use it against a cheaper car at the dealers.

 

[LJC105]

@Bitzieee I was in a similar position to you and I now have a PFL S3. It would have cost me £2000 more to get a new FL S3 insured through Confused.com just for a +10 ps increase.

I recommend you shop around. I'm with Churchill and they gave me a very good deal for someone who's 20, 2 years NCB and 2 non faults (one being a write off). Try a PFL reg on the insurances quotes.

Also set your insurance renewal date as far as you can. I managed to do this and it significantly reduced my premium. Take your time with insurance and hopefully you'll strike lucky. I know a few people including myself have been able to be insured on these cars at a young age. Good luck.

 

[Spinstorm]

But if he's named driver and drives it as a main driver would then its called fronting. Also if the OP is buying it on finance in his name then he would run in to trouble if he had a crash.

There is no rule against buying a car for someone else and who knows how much or little he is driving the car. It's defiantly sneaky don't get me wrong but it harms no one. He is still insured. He is still paying. And he can afford it.

I just read the Admiral site guide to why fronting is bad and illegal - and it was funny. It reads to me as an excuse to keep insurance more expensive than it needs to be.

I'd do it in a heartbeat to insure my children if I had any

Also don't wait. If you want it get it. There are always logical reasons not to do or buy anything. If you can afford it and want it then buy it. Don't let anyone discourage you.

Waiting years to get a car you want when you don't have to is just pointless. Do what you want!

 

[TDI-line]

A few observations..
At 19 the OP is extremely lucky to be in a position to possess a new S3. Even luckier that in post #5 you say that you have no problems with getting money to pay £4500 per annum for insurance. But it is really not a good idea to pay as much as that to insure a car (borrowed ot not). It's simply a waste of money. You can try all sorts of dodges to reduce it, but it's not going to reduce to the level that it's still not a waste of money!
Also slightly concerning that, again in post #5 you don't know what an insurance broker does.

There is some good advice on here - suggest you consider it.

Also, if the premium has already going to be around £4500.

What would happen if there was a prang in the new S3, even if you weren't driving and say it was parked up in a street, you come back, and one side is scrapped from front to back and needing a lot of body work., and no other damaged vehicle in site.

You get the car repaired under insurance.

It's now New years eve, your out having a good time, the car is parked at home. Bang, another fecking idiot has driven into the back of the car, probably a motor bike this time, considerable damage now across the hatch, bumper, lights etc. No third party in site, or damaged vehicle.

You get the car repaired under insurance.

Both of these claims will be Your Fault, as there is No third party to claim against, and have to be declared for the next 5 years when getting insurance quotes.

These both happened to me when i had the original A3 1.8 Turbo sport in around 2002, and did effect my insurance for many years.

I sold the car after this.

Unfortunately there are a lot of dicks on the road.

 

[Ormesome]

There is no rule against buying a car for someone else and who knows how much or little he is driving the car. It's defiantly sneaky don't get me wrong but it harms no one. He is still insured. He is still paying. And he can afford it.

I just read the Admiral site guide to why fronting is bad and illegal - and it was funny. It reads to me as an excuse to keep insurance more expensive than it needs to be.

I'd do it in a heartbeat to insure my children if I had any

Also don't wait. If you want it get it. There are always logical reasons not to do or buy anything. If you can afford it and want it then buy it. Don't let anyone discourage you.

Waiting years to get a car you want when you don't have to is just pointless. Do what you want!

I'm sorry but this is terrible advice on so many levels!

 

[glospete]

Interesting! I believe it's standard on the Golf R however. I wonder if that's the same attitude across all insurance companies. Didn't think to mention it but I'll phone my insurance company tomorrow and ask them as I have ACC.

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Yes, It'll be interesting to hear what they say.

 

[EmmaJ]

Yeah makes no difference :/

 

[Satory]

There is no rule against buying a car for someone else and who knows how much or little he is driving the car. It's defiantly sneaky don't get me wrong but it harms no one. He is still insured. He is still paying. And he can afford it.

I just read the Admiral site guide to why fronting is bad and illegal - and it was funny. It reads to me as an excuse to keep insurance more expensive than it needs to be.

I'd do it in a heartbeat to insure my children if I had any

Also don't wait. If you want it get it. There are always logical reasons not to do or buy anything. If you can afford it and want it then buy it. Don't let anyone discourage you.

Waiting years to get a car you want when you don't have to is just pointless. Do what you want!

Garbage. Utter garbage.

Firstly you are factually wrong. He would not be insured in effect. In the event of a claim his driving habits could be established as a question of of fact and the insurance company would have every right to refuse to pay for damage to his car. They would initially pay any third party costs but may then seek recovery from the policy holder thus leaving him with an unlimited liability.

Secondly, what you are inciting him to do is to commit a criminal act. Are you sure that is a smart thing to do on an open Internet forum?

 

[Liquidfusion-S3]

There is no rule against buying a car for someone else and who knows how much or little he is driving the car. It's defiantly sneaky don't get me wrong but it harms no one. He is still insured. He is still paying. And he can afford it.

 

[Daz Auto]

Interesting! I believe it's standard on the Golf R however. I wonder if that's the same attitude across all insurance companies. Didn't think to mention it but I'll phone my insurance company tomorrow and ask them as I have ACC.

Are you confusing Adaptive Cruise Control with Front Assist - http://www.volkswagen.co.uk/technology/proximity-sensing/front-assist

All Golfs have Front Assist. I think this made them 5 insurance groups lower. It would also have stopped the OP from having his accident and saved him a small fortune.

I wish I could have afforded an S3 at 19. Either Mummy and Daddy are very rich. Or... what football team do you play for?

 

[S3Alex]

There is no rule against buying a car for someone else and who knows how much or little he is driving the car. It's defiantly sneaky don't get me wrong but it harms no one. He is still insured. He is still paying. And he can afford it.

I just read the Admiral site guide to why fronting is bad and illegal - and it was funny. It reads to me as an excuse to keep insurance more expensive than it needs to be.

I'd do it in a heartbeat to insure my children if I had any

Also don't wait. If you want it get it. There are always logical reasons not to do or buy anything. If you can afford it and want it then buy it. Don't let anyone discourage you.

Waiting years to get a car you want when you don't have to is just pointless. Do what you want!

This,as everyone else has said,is utter rubbish.

The first thing any insurance company will do is to find a way of not paying out,and this has to be No.1 on the list.

It's not sneaky...it's just stupid,and will result in the insurance being invalidated in the event of any claim.