Was Looking To Buy A Lexus :<

[Venator]

Think I'll just have to get another car for the meanwhile tbh, and get a Lexus next year or something, man I really wanted one :<, thanks for the help though guys

[petayV8]

Thats crazy i also find it hard to believe i mean i did some quote on a IS when i was 22 or 23 and they were round the £800 mark

[Venator]

I honestly don't know man, the one car I actually want and I can't get it

Edit: If I can get insured on more powerful or equivalent cars then can't see why not the Lexus

[petayV8]

Sorry to here anyway, your day will come as mine did

[noby76]

tbh at the age of 21-22 I was not driving a 6 cylinder 2.0 car. more so a Lexus. at that age, I was running around in a 1996 1.2litre Clio with only 60bhp to its name and was still paying around £150 a month to insure it as a new driver with no claims discount and clean license. I have just done a quick quote on money super market as a 22 year old living in Brixton London and cheapest was around £3,300 with around £600 deposit and around 10 monthly payments of £300. if you can make these payments then they will be happy to insure you via comparison website but for under 23 years with no claims don't expect £100 per month on insurance for the Lexus IS .

[gstarr60]

@noby u and i are in the same boat my friend

[petayV8]

My first car was a 2.0L sdi rover 200 and was still only paying around 60 quid month. I was a named driver on a family multicar policy of my parents. The car was in my parents name as it was theres previously. All legit im pretty sure

[Noreen is200]

@Venator, such a shame to hear that. :(

I was 23 when I bought mine and I was paying £145 per month as a named driver. My renewal was two months before my 25th so I just missed out on a mega saving!! Gutted! But it has still gone down anyway to £80 per month.

What petays done makes sense....but I don't think I'm that patient!!

[gstarr60]

Yeah good shout petay, but with me im fully independent, i want any possession of mines to me in my name and my name only, bcoz when sh*t hits the fan, no one can have a word above me lol.. Just me tho i suppose.

[Lance]

There is, well used to be when I was young, a way round paying high premiums for a decent car at a young age.

What you need is an understanding parent or someone very much older than you that can get a cheap policy on the Lexus. Then they register and insure the Lexus in their name and you buy, register and insure a low insurance group banger, something like one litre Corsa. Take out an insurance policy that enables you to drive other cars and you will be have third party only insurance to drive the Lexus. Fully legal and above board.

Now, that's how we done it quite a few years ago so the insurers may have moved the goalposts but it's worth looking into.

[petayV8]

Thats totally understandle, my parents gave me that car and i didnt keep it long lol

[Venator]

There is, well used to be when I was young, a way round paying high premiums for a decent car at a young age.

What you need is an understanding parent or someone very much older than you that can get a cheap policy on the Lexus. Then they register and insure the Lexus in their name and you buy, register and insure a low insurance group banger, something like one litre Corsa. Take out an insurance policy that enables you to drive other cars and you will be have third party only insurance to drive the Lexus. Fully legal and above board.

Now, that's how we done it quite a few years ago so the insurers may have moved the goalposts but it's worth looking into.

Hmm, I thought insurers stop doing that, like I know with my current insurers (LV) anyone under 25 can't drive any other vehicle third party, but i'll check into that!

[ChrisIS200SportTTE]

Yeah that's an old trick a lot of my mates did when younger also.

Insurance companies tied that loop hole up a few years ago.... :(

[Venator]

Yeah thought so lol, or more people would be driving right now :arrrggg-matey:

[petayV8]

The reality of it is, youths are driving small engined hatchbacks etc and trying to make them the best they can not because they've got poor taste just because they cant get insurance on anything decent bless them lol. surprisingly took me a while to realise this doh. insurance is a killer

[AdamBu]

I had a IS200 a few years ago at 19 and had a LS400 at 21 if I remember right, might off been 22 but didn't have problems insuring it at all

[asharb123]

Hi, just been reading our thread about insurance and being a young driver. I've been trying to keep our costs down to justify having 2 cars. I can't afford to buy a new car due to other commitments. So I've kept the cars I have and believe that spending money to maintain them is cheaper than buying a new one. I've owned my BMW from when it was 6 months old, and I've had that 13 years. I bought the IS200 from my uncle who owned that from new and its now 13 years old.

The insurance for both cars is on a classic policy. I pay £350ish for the BMW and £380 for the IS and each year my policy comes down I never pay more. They do have mileage restrictions of 6,000 miles and 5,000 miles respectively. But its is one way of seeing if your insurance will be cheaper. As in work out realistically how many miles you will do per year. Buy a car that is around 12 years old being an IS you should pick one up at a decent price and have some change do any work like the obvious stuff which this site will tell you to look out for. Insure it on your mothers name and you as a named second driver. I'll be amazed if you do not save any money. PM me and I'll give you the name of the insurance company I use.

[Venator]

Hey pm sent, and I think there is an age restrictions for drivers on classic car insurance too, 21 or 25 or over? Just like traders insurance, I'll just wait another year and once my insurance comes up for renewal I'll be hunting around for insurance on an is200 :P