just for peoples guide I have just re-insured my Clio 1.2 16V Dynamique, buisness class 2 (policyholder and named to use for work purposes) with lowered suspension and 17s, £527. This includes my 3 points for speeding and the fact that the missus has only been driving for 1 year. Im 24 and shes 23, Renault offered £577 (going to £638 with their payment scheme!)
Dont know if many people have tried but I use elephant.co.uk for all my quotes and they have been superb for the past few years, especially with mods! really good service aswell.
Renault insurance also increased by nearly £100 when I asked to protect my no claims ( I have full NCB ).
This quote may appear a bit high for some but I live in-between Newcastle and Sunderland, and they make the car crimes of Europe tremble in fear.
I have drove the 1.6 and yes, they have a lot more power, no contest really and the fuel bill wasnt much different cos I wasnt ringing the 1.6s neck to get it to move as I often do in the 1.2. However, in a setup race, and dont ask me how, I have beaten a mates 1.6 along a country lane type road, maybe my suspension drop meant I handled better? (either that or my insanity when it comes to this particular road)
I was goin to change the 1.2 for a 1.6, but to be honest, chip filter and exhaust and you aint that far behind one, plus you sound better for the mods, if your hp company dont shaft you on the payments go for it, just remember that the 1.2 16v has dropped significantly in price and the trade book proce (which is what they will try to offer ) is only £5600!! A lot of money to loose in one year!