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R.S.C
05-14-2005, 03:24 AM
First I'd like to say I'm new to this site, so be nice! *uzi*

I've wanted to get my hands on a BMW for a while now thanks to my cuz letting me drive his... :cool:

But insurance is the only factor worrying me about buying one other than maintaining it.

I'm 20 and wanna buy one for my 21st b-day, a little gift to myself. I live alone so getting under my parents insurance is not happening. And I only have a G2 at the moment and won't be able to get my G for some months...

What I want to know is what kind of insurance cost am I looking at if I want to buy a 92-93 BMW 325i or a 95 BMW 318is with a clean record at my age? I'm in Ontario, Canada.

I know there are quite a few young drivers here, so your info would be a real help. It would also be helpful to get me the name/number for the company your with and what rate your currently recieving.

Thanks

R.S.C
05-14-2005, 04:22 AM
Thank, but I'm pretty sure there are young drivers on this site that get better rates that what I see on Kanetix or insurancehotline. I'm interested in how and with who they get it with .

T-spec
05-14-2005, 04:28 AM
for me personally my insurance was charging me just a little more for my dodge neon beater than my 95 318I.

Mitch555
05-14-2005, 05:22 AM
I have noticed that "Wawanesa" is the cheapest company for car insurance (atleast for me)! They have good rates for new/young drivers!

www.wawanesa.com

M50E30
05-14-2005, 09:45 AM
Get your full G licence first since insurance will be expensive.

And stay away from a '92 E36. Some have problems with the rear subframe mounts tearing off the body and it is an expensive repair.

christian
05-14-2005, 11:07 AM
Hey welcome, im 17 and have had my bmw for about 3 years now i go through a company called "the hartford" and my insurence is only $70 a month try them there great! *th-up*

Bmwstylz
05-14-2005, 11:18 AM
you lucky American Bastards!! up in the Ontario Canadia the insurance industry aint so kind.

Well back a few years ago I was big pimp buying myself a gold e36 coupe for my 21st bday :D big pimpin oh yeah! anyways my insurance with clean record ran me about $130/month (no collision).

Co-operators is good for young drivers with clean records. But your best bet is to literally call like 20 different companies in the phonebook.

crusher
05-14-2005, 01:00 PM
call up the insurance companies.. if you have a home insurance your best bet to get cheap one is to go with them.

jeffrie
05-14-2005, 01:05 PM
Go with a 318is you'll never get an affordable rate with a 325 anything. I beleive 5 series are also cheaper to insure then the 3 series so their may be another option to consider.

HooliGaN*
05-14-2005, 01:11 PM
im 19 turning 20
been driving my 96 318is for almost 2 yrs in july
clean driving record with my G

the car is under my name and im on statefarm insurance
i pay 234 a month

jstalin
05-14-2005, 02:50 PM
Try Chieftan Insurance, I found they're half as cheap as everyone else

R.S.C
05-14-2005, 04:35 PM
I'm gonna have to call up the companies mention above to see what they say. And since I won't be getting my G untill the end of 2006, I'm gonna have to make due with my G2 when I first buy my car. I'm starting to lean more towards the 318is because of cost and the fact that I can get a slightly newer model and still be cheaper to insure than an say a 93 325. I'll call them up as see what they say.

RMKBMW
05-14-2005, 04:41 PM
I'm 23 and i have pretty good rates with my 98 328i, through The Personal, but then again I get a HUGE discount for being in the forces. Give them a call anyway.

ara325
05-14-2005, 04:45 PM
$115/mo with Pafco Insurance (in Markham...not that physical location really matters).

windwagen
05-14-2005, 06:45 PM
Hey welcome, im 17 and have had my bmw for about 3 years now i go through a company called "the hartford" and my insurence is only $70 a month try them there great! *th-up*

What's the legal driving age in Arizona?

R.S.C Would you be part of some sort of society or association where you can take advantage of group rates? Like RMKBMW mentioned, being on the "forces" gets him some wicked rates. TD Meloche Monnex has group rates if you are a member or PEO (you don't even have to have your engineering license). Some universities even have such a program for students.

R.S.C
05-14-2005, 07:39 PM
windwagen
The only thing I can think of is that my school (Seneca College) has some kind of program for graduated alumni's that offers car insurance through "Preferred Service Home-Auto Plan". But I'm far from graduating (2 years left) and far from an A student.. lol, just getting my GPA back up the the 3.0 mark... 3.20 this semster... *th-up*

Note: I got a quote from them for $5217.00 on a 96 civic after claiming to be a graduated alumni *uzi*

I dunno, maybe there is something out there that I would be able to join that will enable me to save money...

christian
05-15-2005, 01:18 PM
In arizona when u turn 15 and 7 months your allowed to get a learners permit wich means u can drive with your parents and only ur parenst sitting right next to you, you have to have this for 5 months befor you can get ur license so the legal driving age is 16

Nascar318is
05-15-2005, 01:55 PM
Go with a 318is you'll never get an affordable rate with a 325 anything.


I think he'd be better off with a 318I....4 door, as the IS is more expensive. Cause it's considered sportier.


R.S.C: Best thing is to get An e30 and the ins, will be better then a 94-96 318IS and you could mod it...

Mystikal
05-15-2005, 05:57 PM
I have noticed that "Wawanesa" is the cheapest company for car insurance (atleast for me)! They have good rates for new/young drivers!

www.wawanesa.com

I'm with them.