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Author Topic: 500 Abarth and 500 Abarth Esseesse insurance groups announced  (Read 11400 times)

Offline Hozepipe

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Re: 500 Abarth and 500 Abarth Esseesse insurance groups announced
« Reply #30 on: December 17, 2008, 09:55:49 am »
Group13/15 sounds about right to me for a hot hatch that will be highly desirable for thieves and affordable to young drivers.

Still a significant improvement on my 996 (Group 20) and if it makes the 500A more exclusive, then I'll be more than happy.

If individuals can't afford to run it, they should buy something else. I'm sure Abarth and the insurance companies have done their maths.
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    Offline John501

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    Re: 500 Abarth and 500 Abarth Esseesse insurance groups announced
    « Reply #31 on: December 17, 2008, 10:03:50 am »
    Euroboy has it spot on. There is a lot of bespoke body work on the 500A and it is the re build costs that force the price up, not the lack of Alarm.
    Joe, I'm not sure where you got the idea of Abarth being aimed at younger drivers, that was never the intension.
    The original buisness plan that I saw had the target market set at 30-45 year age group.
    Whilst the insurance grouping is higher than originally imagined, that is hardly Abarths fault! The car is still one of the only cars at 3.5 metres long to have 5 stars in the encap tests. Its the greedy British insurance industry to blaim and the rebuild costs that the "approved" body shops want to charge to repair the things.
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    Offline John501

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    Re: 500 Abarth and 500 Abarth Esseesse insurance groups announced
    « Reply #32 on: December 17, 2008, 11:28:10 am »
    Just as an experiment this morning we got an insurance quote for Jon Clapp on an Abarth G.P. Esse Esse. Bear in mind Jon is only 24 with 3 years no claims.
    The cheapest quote we got back was £471 fully comp with no alarm or tracker.
    That sounds like good value to me.
    As the 500 is 2 groups lower, why would it be any more expensive to insure?
    Visit Vospers Abarth, Plymouth

    Offline Joe

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    Re: 500 Abarth and 500 Abarth Esseesse insurance groups announced
    « Reply #33 on: December 17, 2008, 11:39:21 am »
    John, I completely agree, and by no means do I feel Abarth have done anything wrong! It is the rip off merchants that are 90% of the insurers in the UK. Also as an experiment I have made a few phonecalls this morning and have managed to get a quote from Elephant for a GPA for around £1700. Bearing in mind I have no no claims bonus as I've been on my dad's insurance, I think this is quite reasonable, and as you say - the 500 Abarth is a couple of groups lower.

    Things may be looking up  :)

    Apologies if any of my comments have been misconstrued as faulting Abarth in any way! As AlexK said in a previous post, my beef is indeed with the insurance companies.
    « Last Edit: December 17, 2008, 11:43:52 am by Joe »

    Offline euroboy

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    Re: 500 Abarth and 500 Abarth Esseesse insurance groups announced
    « Reply #34 on: December 17, 2008, 11:51:04 am »
    Rip off insurance is not unique to the UK, believe me!

    Im paying over 1.1k GBP for my 500 Abarth and im 25 with 3 yrs NCB and no convictions. 

    By comparison in in the UK I pay 700 GBP for my Spider which is more powerful and twice the RRP.
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    hungry