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A Good Performance from Car Insurance

Everyone has an idea of the type of car you are under 30 years of age, you'll be
they'd ideally like. You've probably classed in the high-risk group for a
plotted out exactly which car, or cars, performance car, and will pay more for
you'd buy if your numbers came up on the your premiums than someone even 2 years
Lottery. Maybe you stand and gape in older. Luckily there are companies who
open-mouthed admiration and envy as offer cheap car insurance for performance
someone drives past in your dream car. cars; it's just a matter of shopping
But what would be the true cost of your around.
dream car? Obviously if you're a Lottery As well as insurance and repairs, check
winner, money would be no object, but if the emissions to find out the possible
you've scrimped, saved and sold your cost of your road tax. For cars
grandma to buy the luxury sports car registered after 1st March 2001, the cost
you've coveted, you may not have all that of tax is calculated by the engine
much to spare on hidden costs. emissions, which can easily be found on
What hidden costs? I hear you cry. Well, the manufacturers website, or ask at the
aside from the obvious road tax and MOT local dealership. To give you an idea,
costs, there's car insurance - a legal the new Subaru Impreza STi has emissions
requirement - and repair bills which will of 243 g/km, which means the road tax on
be inevitable on some cars. Add to that one of these will work out at £300 for
any 'performance' extras such as filter the year, or £165 per 6 months. Doesn't
kits, injection systems and even racing sound like a huge amount, but when you
style in-car accessories (if that's your have to pay it all in one go it can be
thing), and the costs can easily mount quite a hardship.
up. There's a lot to take into account And then there's the thing that a lot of
when planning a car purchase. people seem to forget when purchasing a
Before you decide you definitely want high-performance vehicle - the fuel
that sports car, do some research into consumption. Traditionally, the bigger
the insurance and other details. Try and the engine the more thirsty it is. And of
find out what the most common faults on course, the more powerful the engine the
your chosen model are, and how much they more fuel needed to run it. Sticking with
typically cost to fix in your area. the Subaru as an example, the urban fuel
Repair costs are one of the things an consumption is a mere 20.5 mpg, compared
insurance underwriter will take into to a smaller model like the Peugeot 206
account when deciding what to charge you with an impressive 65.7 mpg.
for cover. The point is, all these things should be
It's almost a given that any high taken into account before going ahead
performance vehicle will be in a high with a purchase. There's no point in
motor insurance group. The Subaru spending a large amount for a car you
Impreza, the Lancer, the Evo and most can't afford to move off your driveway.
other popular sports cars are group 20, Lawn ornaments are much cheaper.
the highest insurance group possible. If




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