uni student wanting a type r !! need your guidance !

Quote:

---

Originally Posted by infurNOS

Is it really? Is that a question they ask in the insurance application? Im a couple years older than an average uni student and my insurance is only $1200 (SGIC). Unless it is different here in SA - they are still 4 cylinder N/As so i dont understand how it is so expensive?

---

type R theft magnet

so what happens when you crash and they don't pay out? its like paying $800 a year for nothing

its not hard to prove your 60 year old dad is not the daily driver of a souped up dc2r

Quote:

---

Originally Posted by charliebrown

so what happens when you crash and they don't pay out? its like paying $800 a year for nothing

its not hard to prove your 60 year old dad is not the daily driver of a souped up dc2r

---

You actually just pay an excess premium on top of your excess. Eg 700 normal excess + 1200 excess for unlisted driver under the age of 25 if you chose that cover. And even then the Premium per year is under 1000.

Quote:

---

Originally Posted by teee94

You actually just pay an excess premium on top of your excess. Eg 700 normal excess + 1200 excess for unlisted driver under the age of 25 if you chose that cover. And even then the Premium per year is under 1000.

---

Correct, like i stated its a risk you've got to weigh up if its worth taking or not... Drive sensibly and you should be fine.. worse case scenario your excess is 3k but if you dont have an accident for 2-3 years and your premium is 3k youve already saved

Actually, speaking about insurance, my renewal just arrived.

My premium has increased and my agreed value has dropped by an unbelieable $6000. WTF!

Quote:

---

Originally Posted by infurNOS

Actually, speaking about insurance, my renewal just arrived.

My premium has increased and my agreed value has dropped by an unbelieable $6000. WTF!

---

What car do you own ? :S

Quote:

---

Originally Posted by teee94

What car do you own ? :S

---

Dc2r, 2001 model...

Quote:

---

Originally Posted by infurNOS

Dc2r, 2001 model...

---

How the hell did it drop 6K ? How much is it worth now ? :S

Quote:

---

Originally Posted by teee94

How the hell did it drop 6K ? How much is it worth now ? :S

---

exactly my question, especially in 1 year, so angry. I could maybe understand 3-4 years but not 1...

Went from 19k insured to 13k

Quote:

---

Originally Posted by infurNOS

exactly my question, especially in 1 year, so angry. I could maybe understand 3-4 years but not 1...

Went from 19k insured to 13k

---

Dam.. Im amazed you could insure it for that much in the first place. Could only get 14K for my DC5R...

Quote:

---

Originally Posted by teee94

Dam.. Im amazed you could insure it for that much in the first place. Could only get 14K for my DC5R...

---

you mean your parents DC5R :P

Quote:

---

Originally Posted by charliebrown

you mean your parents DC5R :P

---

Haha you cheeky one !