Join Date: May 2005
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Stunned by swap cost on MHF insurance
I sold the E700G and am looking at a little S560 Mercedes. The old policy with MHF still has 7 months and 3 weeks to run so I thought I'd do a swap.
Half the value vehicle, 5 years older, I thought maybe I'd be paying a £50 admin charge and that's it, but no they want another £180 to insure the smaller vehicle for seven months and 3 weeks.
Apparently it's a higher cost vehicle to repair but it seems strange to me. Anyway I suppose that since I'd probably get sixpence back if I went for a refund it's still my best option, but not very happy.
I don't know why I'm buying it anyway really, just caught my eye as a neat little bundle. Perhaps I won't...