Some personal news:
You can call me Chains, because I'm in a pickle right now. I do need a car kind of soonish, and one that both works and won't cost me £8000 a day in fuel. Fortunately, I have found someone who is selling a 2009 Ford Focus for £300, which in the current climate is an absolute bargain. There's nothing wrong with it, but he's willing to sell it to me for that price. However, I just got some insurance quotes. Because of the way insurance works here for some reason that makes absolutely not sense, other than a great way to get more money from someone, no claims bonus discounts are only "active" for 2 years. If you don't have an insurance policy for 2 years, you lose that bonus. Because of this, I'm effectively a new driver as far as insurance companies are concerned.
The insurance quotes I got for that Focus starts at £400 a month and goes up to £750 a month. The insurance companies are effectively telling me, even though I've never made a claim in over 10 years, I will completely write this car off 16-30 times in my "first" year driving, or an average of 1.3 to 2.5 times a month. At the prices they're quoting, and I've looked this up. I will be financially better off financing a £28,000 car than outright buying a £300 car.
I'm not going to do that though, I have got quotes for cars that no one wants because of the brands history of unreliability and rust which hasn't been true for over 20 years. Insurance companies don't really have that much data on this one specific car I'm looking at, and I can buy it for £1500. I'm getting insurance quotes on that car ranging from £150 a month to £250 a month, so I'll likely end up with one of those. I'm not saying what it is right now :3