Treating myself eventually

[Matthew_T]

When I eventuually get a paid job, would it be wise to spend the majority of the money I get on my bike?

I am thinking in terms of buying new wheels and a bigger, brighter light set.

Is it worth doing this or is it better to save up in order to get a ne bike or even a car?

 

[gary in derby]

Had a car for 30 years and its kept me skint. Need a van for work but that's it now. Bike for me fed up with fuel prices. Insurance hikes and expanding waist line. Stick with pedal power if you can.

Gary

 

[smokeysmoo]

When I eventually get a paid job, would it be wise to spend the majority of the money I get on my bike?

I am thinking in terms of buying new wheels and a bigger, brighter light set.

Is it worth doing this or is it better to save up in order to get a ne bike or even a car?

I get the impression your still young Matthew, still a teenager maybe? Nothing wrong with that - until you try and get car insurance. I'm 38 years old, been driving for 21 years, have full no claims, no points and no accidents claims or convictions, and I've just been quoted nearly £1300 to insure a new 1.4 litre small hatchback car, and the most basic model too, RRP approx £9000!

So good luck if you decide down that route. A colleagues soon paid £4000 for his first years insurance on a Peugeot 106 1.1 that cost him £900, his renewal for year 2?, (with no accident, claims etc,etc) another £4000!

He now rides a 600cc motorbike and pays a fraction of the price, go figure.

If I were you I'd stick to bicycles until you really have no other option, (if indeed that day ever comes).

 

[fossyant]

You can get lots of nice bikes for the price of car insurance these days.

 

[Matthew_T]

You can get lots of nice bikes for the price of car insurance these days.

+1

 

[cloggsy]

I'm 38 years old, been driving for 21 years, have full no claims, no points and no accidents claims or convictions, and I've just been quoted nearly £1300 to insure a new 1.4 litre small hatchback car, and the most basic model too, RRP approx £9000!

'kin 'ell... Where do you live, Beirut?

 

[smokeysmoo]

'kin 'ell... Where do you live, Beirut?

Not quite, a touch North East of Beirut, and about 10 miles from Manchester .

A few years ago our town was regarded as the car crime capitol of Europe. That said I never had any problems, and no-one I know has ever had any problems, go figure!

I always seem to get slapped with car insurance. When I first started work I worked in a hotel, and as it was a licensed premises that cocked things right up, and it seems to have stuck with me.

FWIW our Sales Manager is a tad older than me, full no claims etc, lives in a different postcode and was quoted £1600 for the same car!

Insurance companies, meh!

 

[VamP]

Not quite, a touch North East of Beirut, and about 10 miles from Manchester .

A few years ago our town was regarded as the car crime capitol of Europe. That said I never had any problems, and no-one I know has ever had any problems, go figure!

I always seem to get slapped with car insurance. When I first started work I worked in a hotel, and as it was a licensed premises that cocked things right up, and it seems to have stuck with me.

FWIW our Sales Manager is a tad older than me, full no claims etc, lives in a different postcode and was quoted £1600 for the same car!

Insurance companies, meh!

I think you need to shop around.

 

[smokeysmoo]

I think you need to shop around.

If I was actually in the market for buying car insurance I certainly would, fact is it was a specific exercise for work purposes, but never the less the data supplied was all correct as if I had been in the market to buy, and the company concerned was not aware it was theoretical exercise.

I'm blessed in the current insurance scandal nightmare of today as I have a company car

FWIW when I had private car insurance my best results always came from comparison sites. I cringe everytime I see an advertisement for Direct Line or Churchill as IME they were consistently the most expensive and usually by a considerable margin.

12 months car insurance for the price of 10? My @rse

 

[VamP]

If I was actually in the market for buying car insurance I certainly would, fact is it was a specific exercise for work purposes, but never the less the data supplied was all correct as if I had been in the market to buy, and the company concerned was not aware it was theoretical exercise.

I'm blessed in the current insurance scandal nightmare of today as I have a company car

FWIW when I had private car insurance my best results always came from comparison sites. I cringe everytime I see an advertisement for Direct Line or Churchill as IME they were consistently the most expensive and usually by a considerable margin.

12 months car insurance for the price of 10? My @rse

Yeah, I was only being facetious. The range of prices that come up on comparison websites is outrageous. From about 300 to about 3000 for my car.

I honestly believe that teh only way to get a good car insurance deal is to change your provider every year, and use a comparison website to always get the lowest deal. If you try to show customer loyalty the insurance companies reward you by whacking your premiums up

 

[Col5632]

Stuck with the same company and my insurance has went from over £600 a year to just under £500 a year, 25 years old with 6 years no claims on a 1.8 turbo mk4 golf If i didnt need the car for seeing the gf and my second job (deliver chinese food) then i would consider getting shot of it cause it costs me £20 a month just for the road tax Spend around £200 a month on fuel also which is why im trying to be on the bike as much as possible so i would recommend getting a decent bike and trying to use it as much as you can

 

[CopperCyclist]

Yeah, I was only being facetious. The range of prices that come up on comparison websites is outrageous. From about 300 to about 3000 for my car.

I honestly believe that teh only way to get a good car insurance deal is to change your provider every year, and use a comparison website to always get the lowest deal. If you try to show customer loyalty the insurance companies reward you by whacking your premiums up

+1 on all points, especially the customer loyalty.

 

[the snail]

+1 on all points, especially the customer loyalty.

Yep, loyal customer = sucker

 

[4F]

Every year I phone around, find the best deal and tell my current provider (Direct Line) that if they want to keep me they are going to have to better it. Every year so far they have.

 

[Kiwiavenger]

bizzarley churchill quoted me more expensive for the lump sum payment, but when taking into account installements they worked out £10 per month cheaper than the cheapest quote i had on compare the meerkat!

it shot up though when they took my staff discount off but i made a few more changes then too (redundancy money bought me a new car! lol)