Hello all, I’m a 21 year old man who has a a4 b9 and I’m currently paying around 400 pound for the car, I absolutely adore the car but the monthly payments are absolutely overwhelming me, selling it would be a last resort. So I ask, does anyone have any advice I could use to lower my insurance on it, any ideas will be much appreciated.

Realistically Dillon, and assuming you have shopped around for better prices, with your age against you all you can do is swap the car for an older, cheaper, less powerful vehicle, and park it in a garage overnight if possible.

Welcome Dillon,

To eliminate any ambiguities, could you confirm whether your are paying £400 a year which equals £33/month, or daftly, you are paying £400/ month for your insurance.

Regards,

Gareth.

Hello Gareth, unfortunately it is paying 400 a month.

many thanks

Dillon

18 minutes ago, Magnet said:

Welcome Dillon,

To eliminate any ambiguities, could you confirm whether your are paying £400 a year which equals £33/month, or daftly, you are paying £400/ month for your insurance.

Regards,

Gareth.

Hello Dillon,

So that is £4,800/pa, add to that, the car’s depreciation over that year, and you really are into bonkers territory! I am ignoring any finance you may be paying, together with the annual road tax, and obviously the actual running costs of the car. Sorry to put it bluntly, but you are in extreme danger of running yourself into an economic disaster - unless your earnings are exceptionally high,or you are ‘of some means’.

As Cliff says - assuming you have checked all comparison sites - you will need to seriously research vehicles with low insurance groupings, and cut your cloth to suit those vehicles.

Really sorry to say it as I see it, but it’s madness to have to spend a significant amount of amount of your working time to ‘feed your current situation’.

Regards,

Gareth.

We don’t know your driving history to date, but £400 a month on insurance is insane, considering cost of fuel and running costs as it is. Unfortunately males under 25 are deemed high risk, and of course the area where car is left overnight and your job will also have impact.

Use some of the insurance comparison sites, on a standard 1 litre car for example and see what comes back price wise. You can also add telemetric box, which means you need to drive within speed limit at all times and even when you drive.

Additional advanced driving qualification may help, but ultimately you need to be over 25 with no claims to start bringing it down.

Hi.

If you need any help with insurance at all then please feel free to drop me a line.

Regards,

Dan.

Spartacus made a good point about insurance claims. If there were any they would have jacked up your premiums.