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Learner Driver son being given car.

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Comments

  • forgotmyname
    forgotmyname Posts: 33,015 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Once he passes the quotes usually increase. He is more of a danger on his own compared to being with an instructor.
    Censorship Reigns Supreme in Troll City...

  • fivetide
    fivetide Posts: 3,811 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Have a look at the Co-Op who do a black box policy for young drivers. Can bring it down a lot.

    Also see the tips on here about adding you to the policy etc which can help.
    What if there was no such thing as a rhetorical question?
  • Strider590
    Strider590 Posts: 11,874 Forumite
    Small car = big premiums

    Despite their insurance group, they get classed as high risk due to the number of young drivers using and crashing them.
    “I may not agree with you, but I will defend to the death your right to make an a** of yourself.”

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  • Foxy-Stoat_3
    Foxy-Stoat_3 Posts: 2,980 Forumite
    £12K...really ??

    Just ran a quote through meerkats on a 1.6 GTI 207 (for example) with a SW7 postcode, Fully Comp is only £4700...unless your son's occupation is a bad one, I cant see it being 12 large?!

    Good luck with whatever you decide to do but maybe selling it and buying a lower group'd car would be best.
    "Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!
  • spacey2012
    spacey2012 Posts: 5,836 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    For young drivers, the car is the easy affordable bit. Until they are in a position of been able to insure a car, tax it, maintain it, then it would be better sold whilst it still runs.
    The smart move is passing the test and getting covered on someone's policy who owns a car already with a firm like directline as a very occasional named driver, even if they never drive and build some NCD they will allow on a policy.
    As long as no fronting takes place it can help get a foothold.
    Be happy...;)
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