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Cost of Owning

Discussion in 'The UK and Ireland' started by Chronic, Aug 15, 2019.

  1. Chronic

    Chronic Member

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    Location:
    London
    Do you mean 4 figure? Just spoke with Direct Line and they quoted £1,431 p.a.
     
    • Like x 1
  2. Tony Hoyle

    Tony Hoyle Member

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    Stockport, UK
    New driver, expensive car, in a city.. 5 figure isn't unheard of at all. Basically insurance companies saying 'no chance'.

    1431 is less than I would have expected.
     
  3. gangzoom

    gangzoom Member

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    Uk
    Whoo that's cheap!!! Get that quote written down/emailed DL have a habit of quoting higher the second time round.

    My first car cost me £1000 to insure 3rd party, and that was a £500 Nissan Micra.

    So much for the doomonglers who like to quote every clickbait saying Tesla's are expensive to insure.
     
  4. ewoodrick

    ewoodrick Active Member

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    I'm US based, in most states we have to pay for tags and/or other fees yearly. Not sure what the UK requires.
     
  5. Tony Hoyle

    Tony Hoyle Member

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    By tags do you mean prepaid toll tags? Most people don't need those.. not that many toll roads.
     
  6. AMC7

    AMC7 Member

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    Wow DL quoted me £1290 with full NCB!!
     
  7. tess19

    tess19 Member

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    birmingham
    Is that for LHD P+?
     
  8. Roy W.

    Roy W. Member

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    Tags in the States are our equivalent of registration and road fund license. The number plate is called a “tag” plate there, and they all have an annual expiry date sticker, which is paid for annually by the owner as a form of road tax.

    Sadly, to do this they’ve got to go and see Patty and Selma at the DMV ;)
     
  9. MacJester

    MacJester Member

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    Aug 11, 2019
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    Cranbrook
    VED is vehicle excise duty - basically the tax for owning a car. I suspect it’s pretty much the same as ‘tags’ in the US.
     
  10. Chronic

    Chronic Member

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    Aug 15, 2019
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    Location:
    London
    Cool thanks all for your replies. One thing that might be useful is to have a repository of useful spreadsheets, for example a "cost of owning" spreadsheet for the UK.
     

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