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Old 28th November 2013, 01:56 PM   #1
Cuttah
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Default Classic Car Insurance

Has anyone been able to get an E36 M3 insured on a classic car policy?
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Old 28th November 2013, 02:01 PM   #2
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I had an E46 M3 with Classicline so Id guess they would do a E36
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Old 28th November 2013, 02:03 PM   #3
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Yes, I'm with Classicline Insurance or Rugby. Can't remember how much it is though, but it isn't much (there again I'm old).
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Old 28th November 2013, 02:12 PM   #4
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I'm with Footman James, is about 280 quid fully comp with recovery. Bargain doesn't even come close...
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Old 28th November 2013, 02:54 PM   #5
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Yes E36 Classic Line £330 comp I seem to remember. London area, it is a very good price.
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Old 28th November 2013, 03:43 PM   #6
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You will not build up discount with a classic policy. Just in case you didn't know.
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Old 28th November 2013, 04:02 PM   #7
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You can't use it as your primary insurance either usually (i.e. you have to have another car) so the NCB shouldn't be a massive problem
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Old 28th November 2013, 04:11 PM   #8
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Quote:
Originally Posted by DXB View Post
You will not build up discount with a classic policy. Just in case you didn't know.
There's a few other restrictions usually as well, eg needs to be a second car, limited mileage, garaged, no or few mods etc
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Old 28th November 2013, 04:19 PM   #9
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My e36 m3 was with footmanjames the first year and classic line the second think it has to be a second car tho on limited mileage classic line say you can build up no claims with them.
First years insurance was £350
Second was £387 with mods declared
Someone told me as long as the BMW is 10 years old or older it can go on classic insurance
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Old 29th November 2013, 02:41 AM   #10
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Thanks all, that's most helpful.

I would have the M3 as a 2nd car and on limited mileage and tried Flux's, Performance Direct and 2Gether as I have had them all on previous classics / kit cars.

All said to me that a '97 M3 wasn't old enough for a clasic policy (they are often around £120), and I was getting quotes all in the region of £550.00 - that being with 3 pts, 0% no claims (still on the Daewoo) and 3k miles.

I passed on an M3 I quite liked at the weekend because of the quotes, so good to have these others to try.
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Old 29th November 2013, 06:39 AM   #11
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Have you looked at removing the ncd from the Daewoo and using it on the m3 ? The ncd % discount should be worth more on the m3 I woukd imagine
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Old 29th November 2013, 02:04 PM   #12
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Yes I did Stuart, but I need the Daewoo to do the majority miles so insurance costs worked out pretty similar.

If I don't have any success with the other companies, it just means I go a bit longer before purchase.
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Old 29th November 2013, 03:48 PM   #13
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try admiral or churchill on the multi car policy. £550 on my 2002 M3 conv... in London, but we have no claims / conv ever.. no garage ..350 excess, 7/8k a yr miles..
cheaper online btw other car 323i bm...

FOOTMAN NO QUOTE, FLUX AND CLASSICLINE WAS 1000 QUID LOL < semi classic..
dec 2013 price

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Old 29th November 2013, 03:57 PM   #14
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Sky was a grand + last year too..
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Old 1st December 2013, 03:39 PM   #15
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Seeing as this is as close as you'll ever get to owning any sort of M3...why not try imaginaryinsurancedirect.....

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Old 1st December 2013, 05:25 PM   #16
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Steve




http://youtu.be/vCCG2Z9LoVk
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Old 3rd December 2013, 06:10 AM   #17
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Give rh classic insurance a call.
I've had a 97 golf vr6 insured with them a few years ago.
I've also had mk1 golfs, mk2 golfs inc a rallye. 59 beetle and currently my 1950 ford f-1 pick up.
The pick up is £88 a year fully comp!
The beetle was £63! Lol
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Old 3rd December 2013, 06:11 AM   #18
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Ooh and you'll get free salvage retention with them.
If you write the car off, you get payed out and get to keep it.
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