Insurance update
#11
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Join Date: Mar 2001
Location: Warrington
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James,
it is very unfortunate but the UK insurance companies do severly load the premium for greys. I currently pay 1500 (EU import) with Direct line, 31, 7years protected NCB but due to light fingered b@$+@rds I have had two claims in the last 3 years, my NCB was protected but they still load the policy due to it.
I would expect that they would attempt to double the premium for a Jap Import, its scandalous really. Your resale value would also be quite a bit lower for the same reasons.
Youve got to ask yourselve just how much you will be saving and how long you intend to keep the car for, if youve got the tax free status then it could be considerable. When I imported a Prelude a few years back the price I paid at Auction in Japan was 3800 GBP, by the time I got it home with shipping and duty it was closer to 7K but for a similar UK spec car with the same mileage the book price was 12K.
If you can pick up an S2000 for approx 10K (maybe less) then the savings are probably worthwhile.
In the Type V thing, it may help your resale value but will probably make the insurance worse. From what Ive heard about the Type V I doubt its worth it and will probably difficult to source at Jap Auctions.
Good Luck
it is very unfortunate but the UK insurance companies do severly load the premium for greys. I currently pay 1500 (EU import) with Direct line, 31, 7years protected NCB but due to light fingered b@$+@rds I have had two claims in the last 3 years, my NCB was protected but they still load the policy due to it.
I would expect that they would attempt to double the premium for a Jap Import, its scandalous really. Your resale value would also be quite a bit lower for the same reasons.
Youve got to ask yourselve just how much you will be saving and how long you intend to keep the car for, if youve got the tax free status then it could be considerable. When I imported a Prelude a few years back the price I paid at Auction in Japan was 3800 GBP, by the time I got it home with shipping and duty it was closer to 7K but for a similar UK spec car with the same mileage the book price was 12K.
If you can pick up an S2000 for approx 10K (maybe less) then the savings are probably worthwhile.
In the Type V thing, it may help your resale value but will probably make the insurance worse. From what Ive heard about the Type V I doubt its worth it and will probably difficult to source at Jap Auctions.
Good Luck
#12
Originally posted by UKjasonm
In the Type V thing, it may help your resale value but will probably make the insurance worse. From what Ive heard about the Type V I doubt its worth it and will probably difficult to source at Jap Auctions.
Good Luck
In the Type V thing, it may help your resale value but will probably make the insurance worse. From what Ive heard about the Type V I doubt its worth it and will probably difficult to source at Jap Auctions.
Good Luck
Seriously though, I'd love to have a try in one! I'm becoming accustomed to the steering response of the S2000, imagine almost halving the lock to lock turns...
Also that Midnight Blue colour really works for me.
#15
I'm sure you're right Jason but I'd love to give it a try. I know the US guys who took one out on a closed circuit track when they were in Japan had very mixed opinions about the VGS and rear suspension mods.
I just love the Midnight Blue colour and want one of those badges
I just love the Midnight Blue colour and want one of those badges
#16
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Originally posted by tokyo_james
How would that compare to the cost an a UK model, everything else staying the same?
I was intending to ship one back from Japan when I eventualy return to the UK, but if the insurance is ridiculous I will have to reconsider that idea......
How would that compare to the cost an a UK model, everything else staying the same?
I was intending to ship one back from Japan when I eventualy return to the UK, but if the insurance is ridiculous I will have to reconsider that idea......
#18
Registered User
Originally posted by UKjasonm
If you can pick up an S2000 for approx 10K (maybe less) then the savings are probably worthwhile.
In the Type V thing, it may help your resale value but will probably make the insurance worse. From what Ive heard about the Type V I doubt its worth it and will probably difficult to source at Jap Auctions.
Good Luck
If you can pick up an S2000 for approx 10K (maybe less) then the savings are probably worthwhile.
In the Type V thing, it may help your resale value but will probably make the insurance worse. From what Ive heard about the Type V I doubt its worth it and will probably difficult to source at Jap Auctions.
Good Luck
I can get the tax free import as I have been overseas for around 8 years already, so no import or VAT for me. But I am beginning to think that it is not really going to be worth it if it doubles my insurance costs
Oh well. I will just have to buy one when I get back....
#19
I wonder if those Type V badges could be got hold of somewhere.
Also, I'd like one of those steering wheels - not just for pose value - I'm 6ft 2in and find that on getting in, and when I'm in the right seating position, there's not much room between the bottom of the standard rim and the top of my thighs. Would be a boon for taller people (or those with really thick thighs ha ha ha)...
Also, I'd like one of those steering wheels - not just for pose value - I'm 6ft 2in and find that on getting in, and when I'm in the right seating position, there's not much room between the bottom of the standard rim and the top of my thighs. Would be a boon for taller people (or those with really thick thighs ha ha ha)...
#20
Originally posted by slippery_pete
I wonder if those Type V badges could be got hold of somewhere.
Also, I'd like one of those steering wheels - not just for pose value - I'm 6ft 2in and find that on getting in, and when I'm in the right seating position, there's not much room between the bottom of the standard rim and the top of my thighs. Would be a boon for taller people (or those with really thick thighs ha ha ha)...
I wonder if those Type V badges could be got hold of somewhere.
Also, I'd like one of those steering wheels - not just for pose value - I'm 6ft 2in and find that on getting in, and when I'm in the right seating position, there's not much room between the bottom of the standard rim and the top of my thighs. Would be a boon for taller people (or those with really thick thighs ha ha ha)...