The insurance companies have you over a barrel; you have to get insurance by law so they can charge what they like. This does not stop them from doing everything they can to not pay out if you need them. In the 1980's I was paying £300 for a 1.3, wouldn't get that at the same age now for less than £1000.
The best option might be a cheap classic car (morris minor etc); free tax, cheap insurance (MUCH less if it's a second car but cheap anyhow) and cheap and easy to fix.
Sucks being young.
How much is insurance for new drivers in UK? People are saying £1000 - 3000, how can it be that much money... ?
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| Tommy | I am unemployed at the moment, but even with a part time job I wouldn't be able to afford that sort of money a month. I mean that is a lot of money, considering you have to also buy a Car, tax etc. Is this a true amount? I am 22 years old ( nearly 23 ) and I am planning to start my lessons, but I wanted to find out how much it would be to run a car before I started lessons. So I searched for Insurance, Tax, Fuel etc, and the prices for Insurance that people were saying on forum's were crazy! Is this right? Can it really be correct? |
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| nick | According to recent figures from the U.K. Insurance Ombudsman, the average cost of car insurance for a newly qualified driver is £2,700. |
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| Jane | Yes that is right, it drops considerably after 25. Cabs are much cheaper than owning a car at your age. |
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| Riggs | there was a piece in the paper the other week about a 19 year old who bought a £3,000 car,the insurance quote he first got was £50,000, the cheapest he found was £6,000. |
