£5000 budget For mods what to do?

[benhwolves]

Spending 3.5k on insurance, as suggested above, is ridiculous IMO. Enjoy the car you have and don't throw money away

 

[Eddie.]

At 17, the last thing you want to do with (presumably) your first car, is leave it standard and be plain.

I understand the urge to want to play and tinker and the like, my best advice would be to spend a few hundred quid getting it nice and tidy, so genuine Renault parts, get a few bits powdercoated, whatever. It'll keep you busy and it's all OEM, so won't affect your insurance.

With the remaining £4700, get it locked away in a 3 year ISA. Then when you're 20, with 3 years NCB, some money saved up, plus your money and interest in the ISA, you'll have a really healthy budget for a really very nice car.

​Walk before you can run

 

[banther]

Just listen to the advice

 

[Goodj]

You could spend £5k on that car and you still won't be able to sell it for £2k.

Same as every other project thread involving a MK.2 Clio, not that anyone listens

 

[niall.pearce.7]

Just listen you f*****g spaz

Bit harsh mate. To the OP if u want to spend the 5k buy a standard 172 for 2k and make that your project as above do some track days in it and enjoy it. But save some of that money for insurance. By the time your 19 it should be cheap enough to insure.

 

[Jordanb29]

All these replies are true. Ive stopped modifying my clio and decided to put money into a savings fund for either a new car next year or towards a flat etc. Even buying a 172 at your age and spending the rest of your money on insurance for just one year of going around in it is stupid. Especially when you have just passed, wont have much road experience and will bump it the odd occasion. Just save the money and keep putting money into the savings if you can for a year or two and then you will be able to afford a nice car and your insurance will be cheaper so you can afford to keep it and run it

But that idea of buying a 172 and going to trackdays until you can afford the insurance is a smart and fun idea! I like it!

 

[BlackGoldMatt]

why not buy a 172, keep on your driveway / garage or whatever and you can slowly mod that to how you want for when the insurance is right? You can still do subtle mods to your 1.2 (lower, wheels...) Just remember there's more to just buying and insuring, running cost of a 1*2 can get expensive when your young and your income is not the best!

 

[...]

I drove a purple 1tr corsa 1999 reg at 17. Im 19 now in an RS200.

Get no claims, then buy a better car.

​i am sure your age is why you won't realise , and of course you mean a renaultsport clio 200


but let chris harris educate you .....


https://www.youtube.com/watch?v=LDCE4FjVHOU :rasp:

 

[JaredHasNoBrain]

What run through your mind whilst putting up a thread about having £5K but only have a £500 car?!

WTF, I don't know what to say. apart from don't f**king do it.
Crazyyy

 

[dannyb2012]

He's young he's at that age where you do sillys things but this is bit too far your more than lighty too crash it wen u put 5k into it you pay 5k to do it all next day you will crash it showing off in it save your money as everyone above is telling u !

 

[cjgower]

I've been in this situation! But I kept buying a different car every year as insurance prices drop I would jump up a group.
even that was a big regret. 1.4 206, then 1.8 Mg and now the clio. Wish I hadn't got the mg.

Just stick with what you have until you can afford a real rs or equivalent.

 

[Poopensharten]

I say go for it. Really want to see how it turns out TBH.

 

[banther]

Bit harsh mate. To the OP if u want to spend the 5k buy a standard 172 for 2k and make that your project as above do some track days in it and enjoy it. But save some of that money for insurance. By the time your 19 it should be cheap enough to insure.

This whole thread is going round in circles. If OP just read the advice he wouldnt do it!

 

[banther]

I've been in this situation! But I kept buying a different car every year as insurance prices drop I would jump up a group.
even that was a big regret. 1.4 206, then 1.8 Mg and now the clio. Wish I hadn't got the mg.

Just stick with what you have until you can afford a real rs or equivalent.

​Amen to MG regrets

 

[JaredHasNoBrain]

This whole thread is going round in circles. If OP just read the advice he wouldnt do it!

Apart from Danny, he just wants to see the world burn lol

 

[banther]

Apart from Danny, he just wants to see the world burn lol

Yeah I got a red card due to my original comment!!

 

[Dave..]

To be fair, the "save up for something better, later" argument is all relative.

I'd say, don't waste your money on a Clio at all and save it for something with two seats, 300+ bhp and a 20K price tag.

 

[iLikeDuplo]

Time to be the 100th echo... don't do it. I drove 1.1 renault 5's til I was 21, racked up 4 years no claims and got me a Williams, carried on growing my no claims and added a 182 to my collection last year. Skip the williams as there won't be any left in a couple of years and just enjoy small engine driving (some of the most fun you'll ever have in a car) until it makes any sense to get something with some poke.

 

[mharvey]

To be honest if you're set on spending money on it then personally I'd leave it the colour it is now, 172 rear bumper, rs fron grille and 172 alloys and lowered.
Nothing major but looks nice enough and you'll still have over £4k to save for your 172 in a few years?

 

[Poopensharten]

Apart from Danny, he just wants to see the world burn lol

​FTW

 

[Jordanb29]

To be honest if you're set on spending money on it then personally I'd leave it the colour it is now, 172 rear bumper, rs fron grille and 172 alloys and lowered.
Nothing major but looks nice enough and you'll still have over £4k to save for your 172 in a few years?

exactly what ive done to mine. Cost £40 for springs. £60 for rear bumper, £120 for alloys and £20+old grille for RS Grille. And got a 172 spoiler for £15 aswell. £235 and got a car which looks much better than stock and keeps me happy

 

[ekaJ]

Good old CS, friendly as ever.

I think the mistake was putting £5k in the title lol.

 

[iLikeDuplo]

Good old CS, friendly as ever.

I think the mistake was putting £5k in the title lol.

I think you've put your finger on it lol

 

[cjgower]

​Amen to MG regrets

​Haha! nice to know im not alone on that one

 

[imprezaworks]

Lol at five grand to spend. Sell it and buyer a newer nicer car?

 

[MatthewR]

Just do some simple mods,

Coilovers £200 inc fitting
172 rear bumper £200 inc colour match
rs grill £50 new
colour code £100

job done, drive around in a nice car for a few years and upgrade, happy days

 

[GiT]

£500 - spend nothing - have a laugh in it.

 

[banther]

​Haha! nice to know im not alone on that one

a 160 perhaps?

 

[Haydn]

When I was 17 I had a 1.2 Seat Ibiza, 19 I had 1.8 MGF and now I'm 20 with a Clio 182...

No Claims Bonus does the business!

 

[J44SNJ]

Keep your 5k for a few year for a better car, im 20, bought my rs200 when i was 19 and insurance is less than 850

 

[RexinaTrophy]

Seriously don't, I've just bought my first house at 28, and know for a fact if I hadn't pissed about with money like you're probably about to i'd be on my second.

Spending 10x a cars value on mods is insane.

£5,000 would buy a 172 + a year's insurance. Surely?

 

[banther]

This thread seriously continuing....? OP PLEASE just take the advice and don't spend 90% of your money. I'm 22, just bought a house on my own. When you save that hard .. 5 grand is a serious amount of wedge.

Please please please don't sink it into a project that will reward you with exceptionally little in return.

 

[Hixle]

Absofu*kinglutely. Only a cnut would spend £5,000 on such a piece of cr&p. £5,000 would buy a 172 + a year's insurance. Surely?

And only a c**t would spend £3k insuring a clio. Surely?

 

[MatthewR]

Absofu*kinglutely. Only a cnut would spend £5,000 on such a piece of cr&p. £5,000 would buy a 172 + a year's insurance. Surely?

Lol was there really any need for that? Factor in extra fuel, tax, service costs and other consumables then it may not even stretch to cover it all, plus you only have the car for a year then your stuck as the 5k has gone!

 

[LeeLappage]

Spending £5k on a £500 car? Really?

Respraying a blue car a slightly different shade of blue? Really?

This! :lolup:


- No really, Do not waste your money on that car mate, I promise you will regret it.

 

[McGherkin]

And only a c**t would spend £3k insuring a clio. Surely?

You seen insurance prices for 17 year olds these days?

 

[Hixle]

You seen insurance prices for 17 year olds these days?

Yep, I worked in motor insurance for 5 years.

It was just a retort to Rexina who insinuated that spending £5k on a £500 car was a waste of money, while at the same time suggesting that the OP spends £3k+ insuring a car worth max £2k instead - which IMO is just as big a waste of money.

 

[scott1205]

I made a rep mate. i dont regret it one bit loved my first car almost as most as much as i love my 182, but it doesnt take 5000. not how cheap the parts are now. spend 1000 on that, keep the 4000 in the bank till next year and buy a cheap 172 and insure it. i had my 182 when i was 18 and paid around 1800 insurance.

 

[ekaJ]

Well I don't think the OP is coming back lol.

 

[Munson]

Buy a 182 and spend two big ones doing a 1.2 engine conversion. Probably be cheaper.