Want to buy first Ferrari in New year but only 21....

lee p had loads of quotes i think a testarossa was the cheapest

 

Get a 328, cheaper to run than a Testa....

 

i said that to lee but insurance was double

 

Yeah - Dave, the TR is the cheapest to insure by a long way. Yellow even more so. 328 were generally expensive, and 308 even worse. Mondial is a good option though...

 

Lee why is a yellow Testa cheaper than a red one??????????????

 

because people see you coming, and are less likely to run into you?

 

Now I know why my Mrs makes me wear yellow boxers

 

LOL!!

 

In answer to your original question, a 328 shouldn't be a prob to insure- I was 26 when I had mine and had no problem getting cover. It was always surprisingly cheap!

I think it is fair to say you can always get cover, the only question is how much you are prepared to pay...

 

Dave,

Welcome to Fchat.

Off Topic: Yes, colour matters. The number-crunchers (actuaries, etc.) at insurance companies just run the stats, no great rocket-science here. Black cars & bikes have more crashes, ostensibly as they're harder to see in the daytime, so it's the most expensive colour. A typical weighting might only be 3-5% but it's a difference. From memory, silver cars are next, as hard to see in rain, fog or low sun (this time of year). I think red has a weighting also, as it's associated with aggresive drivers and sports cars - funny that! Cheapest colours in UK are, again from memory, brown, white, non-metalics (cheaper paint if repaired) and what's known in the trade as 'death blue' - all the unpopular stuff, essentially.

In terms of visiblity, I always drive with side-lights on even in the daytime - a habit picked up from years of biking which one day might just help a half-sighted Volvo driver not to pull straight out in front of me - do you guys mostly do the same?

On topic: I'm impressed that you're thinking of buying an Fcar at 21 - I was p***ing my wages up the wall on booze and chasing girls at that age and certainly had none saved up (for anything sensible like a house, never mind a car). I was under the impression that most insurance brokers would fall off their chair laughing if you put "under 28" in the same sentence as "drive a Ferrari", but there must be specialists in this market - as for all niches in insurance. Check the back of TG or Evo magazine for likely specialists, or see those recommended on the FOC (ferrariownersclub.co.uk) website, which I think include Aon, Luker Rowe, Liverpool Victoria, Nowell Richards and several others.

Good luck.
J.

 

What's changed?

 

Just our ages

 

Especially with jimmyb given he is clearly seen on 355fiorano's profile pissing on a French brick wall!

 

But, hey, we digress.

In terms of insurance the biggest obstacle I have had is not age but ensuring the damn thing is garaged.

 

Yes indeed. If you put, "drive a Ferrari" in the same sentence as "live in London" and "don't have a garage", the insurance brokers usually need hospital treatment after cracking a rib or two from laughing so hard.....

 

My 308gt4 has cost the same for the last 10 yrs I live in Lincolnshire in a quiet village cost approx £200 (as a second car)now 35 yrs old though(me that is). When I was 21 my 944 turbo cost approx £600 so would think a older Ferrari would be around the same. I know a young lad(18 yrs)who got a quote for a mid 80,s 911 carrera for approx £1000. Try AON or Liverpool&Victoria and use it as a 2nd car. Good luck If you want any more info I work in Lincoln you can send me a PM

 

Considering what I was paying then, you should expect to be looking to pay £3-4,000 or so , depending on NCB.

The following brokers have accept me under 25 on Ferraris and Porsche (as long as you have previous sports car experience and car value less than £100,000):
Tesco
Direct Line
A.S.A insurance .

I usually have got 10-20 quotes each year and these guys have been cheapest. I wish I could use L&V , but they said no to me!

Hope this helps
Ade

 

Probably totally useless, but Diamond are good too...

Foxy x

 

good luck

i seem to get robbed insuring normal cars, let allone anything else

if you do get a good quote be sure to post the company

 

Dave, when you go for quotes I know this sounds obvious,but make sure you are the ONLY named driver,and no-one else or you can look forward to a major hit or even outright rejection. It has a big bearing on the costs if you don't restrict coverage. I use Norwich Union and got a good deal, but then again I am an old git
Best of luck, hope you get your car soon.