rego/ insurance for a car with very limited use

[fat4D]

So after a lot of debate and thought I have decided that I can't sell my baby (the BA) so now I have to figure out what to do with rego and insurance.

I'm receiving a fully maintained work car with no limitations to private use. so the ba will only come out for the occasional cruise, show, track event and Sunday drive. over the next 6 months it might not even see the road as provided the minister of finance doesn't say no there is something I've wanted to do for a real long time that I might be in a position to do.

I would like to keep it insured that ones a no brainer but is there a cheaper option to the standard policy?

for rego as the car isn't a classic or historic and I assume won't qualify for either of those is there a type of restricted use rego available on a newish car?

All help/ info will be appreciated