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 Post subject: Running a second car
PostPosted: Tue Feb 26, 2013 3:38 pm 
The Guv'nor
The Guv'nor
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Joined: Sun Jul 03, 2005 11:19 pm
Posts: 23175
Location: Retrobike HQ
Looking at this post here guessing quite a few have a couple of cars. Due to an upcoming restructuring of the fleet of prestigious motor vehicles here at Retrobike HQ may run my current car as a second.

Interested as to the main considerations, assume it'd be insurance. Any recommendations for insurers / approaches.


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 Post subject: Re: Running a second car
PostPosted: Tue Feb 26, 2013 3:48 pm 
King of the Skip Monkeys
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Joined: Wed Nov 07, 2007 4:34 pm
Posts: 26146
Location: Moomin Valley
drop the annual mileage to less than 5,000.

tick 'access to other vehicles'

try Adrian Flux insurance


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 Post subject: Re: Running a second car
PostPosted: Tue Feb 26, 2013 3:48 pm 
Special Retro Guru
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Joined: Mon Sep 29, 2008 11:34 am
Posts: 5663
Location: Don't mess with monkeys, man
John wrote:
Looking at this post here guessing quite a few have a couple of cars. Due to an upcoming restructuring of the fleet of prestigious motor vehicles here at Retrobike HQ may run my current car as a second.

Interested as to the main considerations, assume it'd be insurance. Any recommendations for insurers / approaches.

Be careful of the new-ish SORN laws - don't just affect tax, but insurance.

As to insurance, some will recommend these multi-car policies. When I was running 2 cars for myself, I just negotiated with my insurers, in terms of getting a good deal - they offered me some* (*can't remember how many, at a guess, 2 or 3) years NCB, that actually meant it was cheaper to go with them, then cancel, and take out a new multi-car policy (they didn't offer multi-car policies at the time.

My advice, if you do end up running a "spare" car, that's one you trust, and is fairly reliable, after a while, you may be inclined to see the costs as a waste and get rid - well I don't regret getting rid of some of the 2nd cars I've run, but there's been the odd one or two that I wish I'd not let go - they weren't worth much financially, yet were reliable and a good standby for either when one of the others was in the garage or it was just handy for whatever reason to have a spare as a runaround (it's compulsory to say that with a Mike-Reid-esque delivery).

If either of them has become a bit of a pain in terms of problems that keep cropping up, though, it will rob you of any love you have for it.


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 Post subject: Re: Running a second car
PostPosted: Tue Feb 26, 2013 5:26 pm 
Retro Guru

Joined: Wed Apr 04, 2007 2:33 pm
Posts: 723
Location: Highlands
Another potential issue... like most mechanical devices cars really don't like sitting unused for long periods of time and I've found that a car that's pretty reliable when used daily becomes a pain with all sorts of niggles and problems arising if it's left for weeks at a time. If you have somewhere warm and dry to store the mostly unused one it's less of an issue but even so I'd try and make sure it was used once a week or so at least.


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 Post subject: Re: Running a second car
PostPosted: Tue Feb 26, 2013 10:04 pm 
Old School Grand Master
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Joined: Sun Aug 21, 2011 11:57 pm
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Location: Antwerp, Belgium
ajm wrote:
Another potential issue... like most mechanical devices cars really don't like sitting unused for long periods of time and I've found that a car that's pretty reliable when used daily becomes a pain with all sorts of niggles and problems arising if it's left for weeks at a time. If you have somewhere warm and dry to store the mostly unused one it's less of an issue but even so I'd try and make sure it was used once a week or so at least.


Your honor, I only shot all those people to make sure my guns always remained in proper working condition.


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 Post subject: Re: Running a second car
PostPosted: Tue Feb 26, 2013 10:10 pm 
West Midlands AEC
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Joined: Wed May 14, 2008 11:06 pm
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Location: Stow on the Wold, Glos
Ran three cars for a while and used a multi-car policy with Admiral. If you try insuring 3rd car separate we were getting ripped with not being able to use no claims on a 2nd car if being used on another. Got expensive too in the end and ditched the toy :?


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 Post subject: Re: Running a second car
PostPosted: Tue Feb 26, 2013 11:15 pm 
Gold Trader / MacRetro rider
Gold Trader / MacRetro rider

Joined: Thu May 06, 2010 10:05 pm
Posts: 5638
Location: Aberdeen
Depends what car(s) you're talking about, like LGF said you can get limited mileage policies, classic policies etc.
Had my mx5 on a Classis policy with Aon, and then Adrian Flux, whilst also running a cheapo diesel daily with the same insurer.
What's best for one person might not be best for you, so make sure you shop around.


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 Post subject: Re: Running a second car
PostPosted: Wed Feb 27, 2013 3:54 pm 
Old School Grand Master

Joined: Tue Oct 09, 2007 1:55 pm
Posts: 8202
Location: New Forest, UK
I reckoned that any second car cost a minimum of £1000 a year in tax, insurance, bit of maintenance etc. This was about the same as 10-15 days rental per year. So I sold the second car, intending to rent whenever I needed it...which has been 6 days in 5 years.

Spent £500 of the saving on a tandem, which gets used for taking the kids around locally instead of a car. It's a win/win/win: another bike, healthier and more fun!


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 Post subject: Re: Running a second car
PostPosted: Wed Feb 27, 2013 8:59 pm 
P.o.T.M. Winner / MacRetro Rider
P.o.T.M. Winner / MacRetro Rider
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Joined: Fri Jan 23, 2009 1:03 am
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Location: In the foothills of the foothills of The Cairngorm Massif :D
Absolutely agree with this. If used regularly then fine, but if a "favourite" takes over and the "less fortunate vehicle" sits idle for a few months all sorts of gremlins can creep in. Don't ask me how I know this :facepalm:

ajm wrote:
Another potential issue... like most mechanical devices cars really don't like sitting unused for long periods of time and I've found that a car that's pretty reliable when used daily becomes a pain with all sorts of niggles and problems arising if it's left for weeks at a time. If you have somewhere warm and dry to store the mostly unused one it's less of an issue but even so I'd try and make sure it was used once a week or so at least.


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 Post subject: Re: Running a second car
PostPosted: Thu Feb 28, 2013 1:00 pm 
The Guv'nor
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Joined: Sun Jul 03, 2005 11:19 pm
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Location: Retrobike HQ
Cheers chaps, been getting a few insurance quotes, need to see if I can insure as a 'classic', might be stretching it a bit...

Other alternative is to take the car off the road (might be able to find somewhere to dry store it FOC) but would think if I can continue running it (if only occasionally) that would be a better option.


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