I too would come off the scheme,we are going to order a Mustang in the next couple of days and with the five grand advance payment I was seriously tempted to just buy a secondhand one but the insurance is around £2200 it’s just not financially valuable, I will certainly look again at the end of this lease
I know that insurance varies wildly depending on where you live, but I ran an insurance quote yesterday on a price comparison site on a 3 year old BMW x5 45e. That’s a 389 bhp car and pretty high up on a car thieves wish list. I also had an insurance claim just over 2 years ago (first in decades) so can only claim 2 years No Claims Discount. I held my breath when I pressed the ‘Obtain Quotes’ button and was staggered that the best quote was only £850. I thought that was pretty good, especially as it will reduce each year as my No Claims discounts build back up.
