Now im in the same boat as you best 4x4xfar, I brought a series 3 just before christmas and hope to get it on the road when im 17. Friends have told me to try propa classic car insurers as they will do a good deal. A friend of mine had a 1989 turbo diesel 110 for his first car and it cost £800 on third party. Now I dont think this is too bad as other mates of mine spend as much as £1200 on fiestas worth only £600 in value. The engine size of the car isnt actually always the crucial value point of insurance, its based on a point system and therefor the higher the insurance group on the car the more they rip you off