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