With the cost of getting a young driver on the road climbing to nearly £7000 this year, choosing the right car and car insurance can have a significant impact on how much new drivers must pay to stay mobile.
Experts at GoCompare also delved a little deeper into the data to find the 10 cheapest cars for young drivers to insure, and whilst it’s no surprise that smaller engine ‘city’ cars top the list, it was also shown that the lower insurance group and lower Brake Horse Power (BHP), was the cheapest overall to insure.
|Model||Group||Lowest average premium|
|Volkswagen Up! 1.0 (59 BHP)||2||£888.00|
|Citroen C1 1.0 Vti (70 BHP)||7||£903.00|
|Skoda Citigo 1.0 MPi (59 BHP)||2||£913.00|
|Vauxhall Adam 1.2i (69 BHP)||2||£923.00|
|Fiat 500 1.2 (69 BHP)||5||£925.00|
|Peugeot 107 1.0 (68 BHP)||3||£937.00|
|Vauxhall Viva 1.0 (73 BHP)||3||£947.00|
|Ford Ka 1.2 (68 BHP)||3||£947.00|
|Hyundai i10 (1.0) 66 BHP)||2||£948.00|
|Peugeot 108 1.0 (68 BHP)||7||£968.00|
Lee Griffin (right), founder, and CEO of GoCompare said, “Car insurance for young and inexperienced drivers can be eye wateringly expensive when you compare it to the premiums paid by older drivers with a few hundred thousand miles of motoring under their belts.
“However, as our research shows, it is possible to save hundreds of pounds as a young driver by doing your homework and comparing first cars as well as first car insurance.
“Sensible cars with smaller engines are generally a better option for new drivers but don’t assume that because a car is in the lowest insurance group, it will always be the cheapest to insure. It doesn’t always work like that.
“Combining the right car with other money-saving tips such as selecting a telematics, or ‘black box’ policy and adding someone with an established safe driving history to your policy as a named driver can also help to keep the costs of car insurance down. Treating yourself to a hot hatch or sports car is best left until you’ve gained a few years of experience behind the wheel and avoided any accidents.”