just had mine an it £121 for 6 months an £220 for a year is well sh!t..... 
The scary thing is that's not too far off what a reasonable 8v mk3 is worth these days.
i no plus only pay £250 a year for insurance take's the piss big time

if they fix the roads etc then it might not be as bad but we r pay for them nob out there driving with no tax/mot/insurance is not right