Young driver insurance on R50 Cooper

[mister.t]

I've been given a great opportunity to own a fabulous, very very well looked after R50 Cooper for very cheap money from a good friend of mine. The spec list is tremendous for the price -
2001/51 R50 Cooper
Pure Silver
Black Roof
Chili Pack
Full Panther Leather
A/C
ASC
BOOST CD
Full Panoramic Sunroof
6 CD Autochanger
Tints
FSH and its only done 11000 miles since they got it in 2002 (bought it with 22k miles on the clock)

Anyway enough of that, Ive been offered it silly cheap, and the guy who bought it for his son for his 17th birthday says that he was £1200 to insure, but he didn't mention who with (considering the car was only just over 6 months old at this point) Anyone have any ideas how low I can go on insurance, and where to go?? Any answers would be gratefully recieved. Thanks very much in advance, Ollie Tebbutt.

[West9]

Untill your 19, I doubt any insurance company will touch you dude... i've tried, and failed miserably

[Aberdeen Al]

Quote: Originally Posted by West9 (original)

Untill your 19, I doubt any insurance company will touch you dude... i've tried, and failed miserably

Bit of a sweeping statement there - you have to remember that insurance companies give quotes on an individual basis and not on a blanket demographic basis.

Give the likes of Adriam Flux and Admiral a call - just because 1 x person has been refused it doesn't mean to say everyone else will follow suit. There are 17 year olds on this forum that have Mini Cooper S's !!

[James]

My friends insured on an 05 cooper but on his sisters policy and it was about £1500

[ButtonIt]

try greenlight, they've been fantastic to me

you'll have to search google forthem though, can't remember the web addy

[S33BBY]

I can also recommend Greenlight. Their quote was by far the best for me.

[Michael_Works]

do you not have to be at least 21 with Greenlight? Bell have been good with me pal

[S33BBY]

Possibly. I'm 22 so it wasn't an issue.

The problem with Bell (and similar) are that they will only replace the standard parts of the car. So, if you have one of the packages (e.g. Pepper) you have to declare it but the parts are not actually covered. That's no good for me as I have a very spec'd up car!

[mister.t]

Thanks very much everyone!! Going more quote hunting now if I get this - My god it will be the best thing that has ever happened to me

[MiniOneSam]

I've got an R50 One, I passed my test 6 months ago today, and I'm 18 on December 31st.
Insured with MINI Insurance on my own policy it costs me just over £2k, possibly going down to £1300 at the end of the year

My car is a 2004 (53) Mini One PEPPER Pack with Spoiler, Sunroof, 15" Alloys and 28,000 on the clock (at the time).

So I can imagine the £1200 your mate quoted you was with being on a parents insurance, it's how you want to do it;
- Build your own NCB and not risk your parents' NCB and pay a LOT more.
- Go on parents' insuance, lower premium but risks parents NCB

[David King]

Im on my Dads motor trader policy, it costs just over £500 a year with a 1k excess to insure my one, but it allows me to drive any 1.6. Also means you can do any mods without any insurance increase, hopfully start looking into MCS in a few months time . The cheapest quote i had to go on my own policy was £1950 and that was with virgin. Frankly on a cooper i dont think you stand much of a chance at getting 'cheap' insurance.