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Question regarding the 2018 S5

4.1K views 6 replies 4 participants last post by  DrEskimo  
What would you recommend for a 19 yrs old student?

My friend got a gle63 coupe and his insurance is 9k per year. So I was thinking S5 would be slightly cheaper since it is V6. I didnt think that people would consider me as a misspent youth. It is not RS5, come on
Depends on your financial situation...

If you have no debt, own your own home and make over $100k a year, then you can probably afford the luxury of a new S5. The fact you have done this at 19 is an incredible feat!
If you live at home, have thousands in student loan and other debts, and earn about $40k a year and are thinking of getting one on a lease deal, then you might want to rethink your financial priorities....

Anyone happy to throw nearly $10k to insurance companies either has too much money to burn or has little concept of 'value'...
I'm loathed to spend more than ÂŁ500 on my insurance!

Anyway, these are just rhetorical questions. Obviously don't want you to disclose your personal details to strangers on a forum!
Think carefully about the true cost of this and where it will leave you in 5/10/15years time.

As for what a 19yr old drives...I was driving a 5yr old Renault Clio worth about ÂŁ3,000....:thumbsup:
 
Doc is on the money about an average spend on insurance, but that’s for someone with a few more years under the belt (I know, Doc, not that many!).

And certainly no wiser because of it....

Trying to remember my insurance at 18/19 and think it was about ÂŁ1,000?

$10,000 translates to roughly £5k in my head..? I wouldn’t dream of paying that much ever!