SAVING ON PREMIUM HELPED ME BUY DREAM CAR

ANNA Day had always dreamt of driving a vintage BMW convertible. But because she had to commute 50 miles every weekday for her job managing cultural projects, it wasn’t practical. Instead, she leased a Seat Ibiza which she said was ‘fine, but a bit boring’.

But since the first lockdown, Anna, 44, from Dundee, has hardly commuted and believes she is likely to be working from home for the foreseeable future.

So when her car lease came up for renewal, Anna took the plunge. ‘I got rid of the Seat and fulfilled a midlife-crisis dream by buying a 20-year-old BMW,’ she says.

The annual insurance on the BMW is just £ 150 – compared with £380 for her Seat. The reason the price is lower is likely in part due to the age of the car and because she has estimated an annual mileage of 6,000 – down from 10,000.

The lease on the Seat cost £1,200 up-front, plus £130 a month. By contrast, the BMW cost £1,000 outright. She says: ‘I can’t wait until lockdown eases when I shall use the BMW for trips to the beach or weekends away.’