The average cost for young drivers to take to the road today is currently in the region of 4,500. This amount includes buying a second hand car, twenty driving lessons, theory test, road tax and insurance.
Car insurance is now one of the biggest expenses a young driver will have to pay out for. A typical eighteen year with a second hand Vauxhall Corsa worth 1,450 will have to fork out 2,294 on average. The disproportionate rise in costs for young people is because they are more likely to be involved in accidents on the road. The Co-op found that the high cost in car insurance is the reason that up to thirty percent of young drivers choose not to own their own car. Many will rely on their parents car, or simply wait until they are older and costs are lower before learning to drive and purchasing their first car.
Most young drivers will find that the best option, should they wish to buy their own car, is to opt for a smaller car, widely referred to as superminis, as they are usually in the lower, cheaper insurance groups. Superminis include popular models such as Vauxhall Corsas, which are readily available and affordable, so it should be easy to get a good deal. In terms of insurance, the best model to choose is the Vauxhall Corsa GLS. The Ford Fiesta and Volkswagen Polo are also good choices for those looking for budget car insurance. It is important, however, that the models chosen are not turbo or sport versions, which can drive the cost of insurance much higher.
A good starting point is to look around on the internet for used cars. You will find models being sold by both private owners and
car dealers. Northampton, Leicester and Bristol young drivers, as well as drivers around the UK, should make sure that they shop around the get the best deal for their budget. Before settling on a car, continue the research and get some insurance quotes to make sure it will be affordable. There are plenty of insurance comparison websites available which will do the hard work for you. Those young drivers who are prepared to do their research and shop around should still be able to find something affordable for their budget.