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Definitely not worth sitting it around for 3-4 years. Mess with all variables as above but try every single insurance company, not just comparison websites. You will get it down and you'll be surprised by how much.
The 182 needs to be driven as you'll only get upset looking at it...... Especially at the bargain you've picked up. Failing that, I can insure it for about £300 so I'll use it until your insurance drops if you like? keep it ticking over etc.