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Teens pay £11,500 for first year on road

Teens pay £11,500 for first year on road

It could cost young, novice drivers a whopping £11,500 for their first year on the road, shocking new figures reveal – and that’s before fuel

Teens pay £11,500 for first year on road

07th October 2011

The Institute of Advanced Motorists (IAM) has called for an overhaul of insurers’ young driver policies after calculating these costs for a newly qualified 17-year-old male driving a 57-plate Kia Picanto.

The car would set him back £3,000, the IAM said, while a comparison site search revealed the cheapest fully comprehensive insurance premium was a huge £7,091.

Our tables show how this compares with other models for drivers up to the age of 20.

The cost of the driving test and lessons added a further £1,228, assuming the teenager passed first time – something more than half of learners don’t manage.

IAM director of policy and research Neil Greig said: “When insurance premiums match university tuition fees, innovative thinking is needed. Young drivers can only learn safer driving by practising it, but huge insurance premiums risk pricing them off the road.”

Costs: First year on the road

Lessons before you pass your test: £1,128
Driving test costs: £100
Four-year-old Kia Picanto: £3,000
12 months' insurance: £7,091
Road tax and MOT: £180
Total: £11,500

Five cheapest cars to insure (17-20-year-olds)

MakeAnnual premium
Ford Ka MkII £1,651
Ford Ka £1,781
Peugeot 107 £1,994
Daewoo Matiz £2,258
MINI One £2,269

(Based on cars costing £600-£10,000. Source: Confused.com)

 

Five most expensive cars to insure (17-20-yr-olds)

MakeAnnual premium
Honda Civic £4,516
VW Golf £3,928
Vauxhall Astra £3,723
Ford Focus £3,677
Renault Megane £3,327

(Based on cars costing £600-£10,000. Source: Confused.com)

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8 Comments

Does anyone check the figures?

If the "Five most expensive cars to insure (17-20-yr-olds)" tops out at Honda Civic for £4,516 annual premium, how come the Kia Picanto is listed at £7,091?
And if a Honda Civic (which model?) is really the most expensive car to insure - are are you saying they won't get insurance on something which would otherwise cost them more?
And yes, I did read the "cars costing £600 to £10,000" part.

By aje21 on 7 October, 2011, 1:18pm

I really don't know what to say about this. I'm 19 years old, and I've had my full license almost a year and I cannot get an insurance quote cheaper than £2,500. I'm not a bad boy racer like most young drivers, but if this carries on, I'm gonna have to wait til I'm at least 30 before I finally get my first car! Something has to be done.

By JPW2010 on 7 October, 2011, 3:24pm

@aje21

Thanks for your comment. The Kia Picanto quote is specifically for a 17-year-old male, while the figures supplied by Confused.com are an average of 17 to 20-year-olds. Apologies for not being 100% clear in the article but I hope this helps!

Thanks,
Auto Express

By Rhian on 7 October, 2011, 3:47pm

How does the UK insurance system work? Would a brand new Honda Civic for example be more expensive to insure? Here in Malta the insurance price is based solely on the purchase price of the car, apart from the age of the driver. The model of the car is not taken into consideration.

By ninette_z1 on 8 October, 2011, 3:27pm

why dont you just close your web site down

AE talking crap again
you really are a bunch of amateurs, are you by any chance related to What HI FI? they are just as bad

By fastpep1 on 8 October, 2011, 7:26pm

@fastpep1

People like you do my head in, moaning about anything and everything. Ig the sites that bad, use another. Do us a favour and disappear!

By bhalay207 on 8 October, 2011, 10:59pm

bhalay207 back at ya

Tell you what, ill stop logging on when you can learn to spell :)

By fastpep1 on 10 October, 2011, 10:37am

Reality Check

When I was 17, in the mid 1990's, no-one aged 17-25 would dream of owning a new car, you went the usual route of buying a banger which were usually cheaper to insure and cost peanuts to buy. Today, whilst insurance is undoubtedly an expensive joke (for everyone I hasten to add) people seem to expect to pass their test and step straight into something worth £5-£10k. They wonder why their insurance is so expensive for their £9k, 3 year old Fiesta ST in bright orange with black 18" alloys..... Duh!!! Motoring is expensive, always has been, it's just dawning on people again that is all. Cars have become to accessible due to various finance products that mean you can have acar way out of your price range for a paltry payment (never actually owning even a respectable % of the vehicle despite years of payments behind you) Truth is, cars are costly, they were in the 1970's, 1980's 1990's, 2000's and they are today. The whole problem stems from too many new drivers stepping straight into fast, trendy, expensive cars they cannot hope to control properly that as pushed the cost of insurance up all these years. About time some of them were brought back down to earth.

By JamesRiley on 15 October, 2011, 10:00am

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