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Classic Car Insuranse

By Finchy
Mar 3, 2008
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  1. I'm almost at the age where I can start drivng (just a couple of weeks to go) and am a bit nutty when it comes to cars, frequent Top Gear viewer.

    I was browsing some used car sites and came across an ad for a Delorean, the guy wrote a virual essay about it, seemed to know what he was on about.

    He said that BECAUSE it was a classic, the insuranse would be cheaper. I was under the impression that classic car insuranse was higher than normal cars. If this is true, i would much rather buy a classic than a modern (i'm just wierd that way).

    If anyone has any knowledge in the area i'd much apprieciate it

    Thanks in advance
    Geeky Finchy
     
  2. CCT

    CCT TS Evangelist Posts: 2,653   +6

    'Classic' = there are no parts readilly and cheaply available

    This means that collision (and likewise comprehensive) coverage would be Sooooo expensive you wouldn't want it and thus, you are only going to pay for Liability.

    So, yeah, it would be cheaper.

    :)
     
  3. Finchy

    Finchy TS Rookie Topic Starter Posts: 353

    Thanks for the conformation

    I want to own one at some point, but for the next few years its probably best if i go for something more normal, and cheaper, until my premiums go down, i get experienced and (hopefully) a no-claims bonus
     

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