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Cars and Insurance - new drivers

I'm looking for a car for my 17 year old son. Does anyone know if it's best to buy new, still within warranty or an older one with regards to the insurance?

Comments

  • Nasqueron
    Nasqueron Posts: 11,005 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 9 April 2017 at 8:41AM
    It'll come down to the insurance group of the car for a new driver with no experience, get an older car that ISN'T seen as a boy racer car i.e. don't be fooled by say a newish Nissan Corsa and as a rule of thumb, if your son wants it, it's probably the wrong car to buy.

    A clunky old Volvo is more likely to be reasonable especially with a black box tracker. Don't forget other costs like VED, running costs etc so don't just buy any old banger that'll need years of work but also do buy a reliable model as warranty is unlikely to be applicable in an older second or third hand car so something cheap to repair is better

    Uswitch suggest the likes of Hyundai i10 (group 1 insurance) or Dacia Sandero Access - group 2 if going new or say Citroen C3, Ford Ka or Toyota Aygo else for real budget VW Fox, Fiat Panda or Citroen C1. For under £1000 the 1 litre 2003 Corsa should be ok as it's limited power

    https://www.uswitch.com/car-insurance/best-first-cars-for-new-drivers/

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

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