Another year's MOT out of the way

[Will]

Just been back with my 300TE to get it passed off for the MOT. All fine now - only needed the parking brake shoes replacing and had a loose rear foglight bulb, not bad for an 18 year old car with 195k miles under it's belt.

Total cost has been £60.80 this year - £40 for the MOT and the rest for a new set of parking brake shoes. No other costs whatsoever.

I've worked out that now it really does owe me nothing. Has been incredibly handy over the last year - I wonder if I should sell it soon but I know I'll miss having it sitting there for the odd trip/moving stuff when it's gone

Bangernomics at it's best - amazing how some of the cheapest cars out there can provide such good service and be headache free

Will

 

[Shude]

The only problem with bangernomics on additional cars is that for all the time you're not using it the insurance and road tax don't go away!

 

[Will]

The only problem with bangernomics on additional cars is that for all the time you're not using it the insurance and road tax don't go away!

You're partly right (road tax) - but in my case it's been a godsend insurance-wise.

I had my 2.5-16 on a classic policy for the last few years. This meant, providing I owned another car () I could insure my 2.5-16 under classic insurance for about £120.00 PA. Fully comprehensive cover with an agreed valuation etc.

So - including the cost of insuring the 300TE on a regular fully comp policy (under £300 PA) it meant that I had two cars all fully insured for a little over £400. Not bad at all in my book

When I replace the 2.5-16 for something else - perhaps a modern car - I'll transfer the 124 back onto a classic policy. I don't mind paying £2.00 a week for a handy estate car to run about in.

Lastly - when insuring either of the respective vehicles (classic one or regular), you can also legitimately declare that you own/insure another car - often makes the premium cheaper

Road tax is the killer - and kind of unfair considering that neither of the above vehicles were/are parked on the road and very scarcely driven (and only normally at off-peak times anyway).

Will

 

[Donbronski]

I may need to talk to you about car insurance in the future - you seem to have it sussed out!

Not now mind, maybe more towards the end of my policy....

You're partly right (road tax) - but in my case it's been a godsend insurance-wise.

I had my 2.5-16 on a classic policy for the last few years. This meant, providing I owned another car () I could insure my 2.5-16 under classic insurance for about £120.00 PA. Fully comprehensive cover with an agreed valuation etc.

So - including the cost of insuring the 300TE on a regular fully comp policy (under £300 PA) it meant that I had two cars all fully insured for a little over £400. Not bad at all in my book

When I replace the 2.5-16 for something else - perhaps a modern car - I'll transfer the 124 back onto a classic policy. I don't mind paying £2.00 a week for a handy estate car to run about in.

Lastly - when insuring either of the respective vehicles (classic one or regular), you can also legitimately declare that you own/insure another car - often makes the premium cheaper

Road tax is the killer - and kind of unfair considering that neither of the above vehicles were/are parked on the road and very scarcely driven (and only normally at off-peak times anyway).

Will

 

[Will]

No problems

Nothing dodgy or unusual with what I've done. Just convenient that it worked out well for once.

Classic insurance is available for many older cars, some insurers even offer 'modern classic' policies IIRC that are available for ~ 10 year old cars.

One of the nice 'perks' of older car ownership

Will