Classic cars forum & vehicle restoration.

[Jason]

I've got an insurance quote for my 1948 Alvis today.....for me and the wife to drive it and a maximum of 4500 miles per year and the premium is.....£198.90 I pay nearly £600 for my 1996 vauxhall corsa 1.2.

also as the Alvis is, shall we say, old, it will be free road tax too

so apart from reliability (sp?) with it being an older car it's obviously a lot cheaper to run an older car.

I just can't get my head around it, its cheaper to run a car with a bigger engine and worth (a lot) more than my corsa?

anyone got any views on this?

jason
_________________
"people with money buy a Rolls Royce, people with taste buy an Alvis".

[Rick]

Yup insurance isn't bad on an oldie, although double check coz some postcodes require garage storage, and classic policies often require you to have a 'modern' daily (the Corsa I guess).

Running an oldie can make a great deal of sense, the downside (if you can call it that) is that they do require quite a bit of ongoing maintenance, greasing, oil changes etc

RJ
_________________
Rick - Admin
Home:https://www.oldclassiccar.co.uk
Videos:https://www.youtube.com/user/oldclassiccarRJ/videos
OCC & classic car merchandise (Austin, Ford ++):
https://www.redbubble.com/people/OldClassicCar/shop

[Jason]

funny you should say that rick, he asked if we had a modern daily, and I said the wifes rover 214 so when the alvis is finished,I'll sell the corsa
as for a garage, it has to live on our drive (when the drive is finished, the Alvis is sat in the garden at the mo)

ongoing maintenance, I can live with that

jason
_________________
"people with money buy a Rolls Royce, people with taste buy an Alvis".

[pigtin]

Ran the Austin 10/4 from 1986 to around 2000 as a second car for the memsahib. Used to cost £42 for insurance and £15 for MOT. Did about 3k miles a year and, apart from tyres, spent no more than £150 in parts over that time.
My insurance is still under £50, but the MOT is also £50 now and the state of the local roads (worse than the1930s,) and the impatience of other drivers make it a little less fun to drive.

Don.
_________________
Due to the onset of my mid eighties I'm no longer sprightly and rarely seen in my Austin special. I have written a book though. https://amzn.eu/d/7rwRRqL

[ukdave2002]

The big loss in a modern car is depreciation, which will be minimal (if at all) in a classic, so on a purely commercial basis if the cost of repairs for your classic is less than the depreciation in a modern you should be quids in! The insurance difference will be a bonus.

On a practical side I for one need to be able to jump in a car and do a couple of hundred miles, and arrive fresh and in time for say a meeting, unfortunately this is just not a practical option for a classic on a regular basis, so I use a modern as well.

Dave

[peppiB]

My 87 Merc is insured as a classic (5 litre V8, central Newcastle upon Tyne, up to 5k miles pa) at £135. The 69 landcrab is listed as my day car, unlimited mileage and £92. The Minor comes in at £105 for 5K miles. Certainly the Merc will take me anywhere in the country, and I get out as fresh as when I got in. I am disabled so get a free road tax and this is used on the Merc.

In the 2 and a half years I have had the Merc, it cost me £54 for a second hand fuel pump assembly, £75 for a section of exhaust and £200 for the parts I used to put a new camshaft on the LH engine.

Other than paint for its respray the 1800 hasn't cost me anything in repairs(2 years), and I spent a grand three years ago fully restoring the Minor.

[Jason]

I forgot to say.....you should of heard the guy at the insurance company laugh, he said '£198.90' and I said 'a month?'

he didn't half laugh

jason
_________________
"people with money buy a Rolls Royce, people with taste buy an Alvis".

[SV8Predator]

[buzzy bee]

Hi

Probably doesn't effect many here, but as alot of classic policies do not work on a no claims bonus basis, you never build up any no claims, if you were to move onto a modern sometime it can sometimes be a kick in the teeth, especially if you are youngish!

Cheers

Dave