The 10 cheapest cars for new drivers to insure in 2022

As with just about everything else, the cost for a new driver to hit the road is on the rise.

The average total to take lessons, pass a driving test and then buy, insure and operate a first car is now £6,574, according to GoCompare – the highest since before the pandemic.

To help motorists decide which models they should consider for their first motor, he revealed the top 10 cheapest cars to insure for a young driver between the ages of 17 and 21.

A big price to pay for independence: A driver aged 17-21 will pay over £6,500 in total to hit the road for the first year in 2022, according to a new report

The total cost of getting on the road for a young driver – and their parents who are likely to offer financial support – has risen by 3% from £6,394 last year.

It’s the highest since 2019, when the average car bill for a young driver was £6,846, although the figure has dropped significantly in 2020 to £6,071, likely due to much lower insurance premiums in due to driving restrictions during Covid shutdowns, according to the price comparison site.

The total amount is a combination of license applications, driving lessons and tests, then the cost of the first car, insurance and taxes.

GoCompare says the annual increase for new drivers is “solely attributed” to rising vehicle costs.

The value of used cars has increased for 29 consecutive months, according to AutoTrader.

Average cost for new drivers to hit the road in 2022

Average expenditure for the purchase of the first car: £3,592

Excise duties on vehicles: £66

First year insurance premium: £1,430

Provisional driver’s license (if requested online): £34

Driving lessons until passing the exam (45 lessons at £30 per hour): £1,350

Driving tests (theory and practice – if taken during the week): £85

Driving license application: £17

TOTAL COST: £6,574

Source: GoCompare with average prices based on data from August 21 to July 22

Its latest report says the average August price for a used model was £17,039, 16% higher than the same month in 2021.

For new drivers who can probably only afford a small older used vehicle, this had an average ripple effect of over £200, with the average young motorist under 21 spending £3,592 for its first set of wheels – up from £3,366 in 2021.

While the average price paid for a first car has risen, the cost of insurance has reversed, according to the report.

For 17-21 year olds who bought their first year of cover through GoCompare between August 2021 and July 2022, they paid an average annual price of £1,430 for a full policy, which is £42 less than in the 12 prior month.

Buying the right first car will also impact premiums, with the report listing the cheapest models to insure for young motorists.

The report says the cheapest engine to insure is a Skoda CitiGo at just £908 a year over the 12 month period under review.

The mechanically identical sister cars, Volkswagen’s Up! and Seat Mii, were the top three cheapest engines to insure, at an average of £930 and £960 respectively.

10 cars that offer the cheapest insurance for new drivers

1. Skoda CitiGo: £908

The smallest model from the Czech brand is spacious and has an impressive 3-cylinder engine. It also offers the cheapest young driver insurance costs at an average of £908 a year, according to GoCompare.

2. VW Up! : £930

Sound familiar? It should, because the Up! is mechanically the same as the Skoda CitoGo. The premium VW badge appeal means average premiums for a new driver under 21 are £930.

3. Mii Seat: £960

The VW Group hat trick is completed by the Seat Mii. Behind that Seat badge is the same car as the Skoda CitiGo and VW Up!, although the Spanish brand’s typically younger customers will make it the priciest of the trio at £960.

4. Suzuki Celerio: £961

For years the Celerio was Britain’s second cheapest new car, with only Dacia’s Sandero being cheaper. They’re basic but relatively reliable, which – with low average premiums for young drivers of £961 – makes it very attractive.

5. Hyundai i10: £971

The i10 is the Korean car brand’s answer to affordable driving. The previous generation car is well equipped, has a nice interior and will cost young drivers an average of £971 to ensure full compatibility.

6. Fiat Panda: £983

The Panda has been around since the early 1980s, when it offered an inexpensive, no-frills automobile. For young drivers this is still the case with average premiums of £983. It doesn’t have the best Euro NCAP crash test record.

7. Citroen C1: £984

French brands have traditionally made some of the best small cars on the road for years, and Citroën’s C1 is no different. It’s cheap and cheerful – and quite reliable because it’s been made in conjunction with Toyota. It will cost new drivers £984 a year to insure.

8. Peugeot 108: £996

The 108 is mechanically the same as the Citroën C1 above and the Toyota Aygo. She might look a bit tiny on the inside, but the motors are powerful, as is the overall reliability. The average new driver’s cover is £996, says GoCompare.

9. Peugeot 107: £1,004

The Peugeot 107 – the older version of the 108 listed above – marginally enters the four-digit range. It shares all the same credentials and a cheaper purchase price. Average new driver premiums are £1,004.

10. Ford Ka: £1,016

Like the Fiat Panda, the Ka has been around for a while. The little Ford offers affordable first year insurance costs for a 17-21 year old driver of just £1,016 – that’s what GoCompare customers wanting full cover had to pay last year.

Source: GoCompare, based on full fonts purchased through the comparison site between August 21 and July 22 by customers aged 17-21 with a full UK license less than a year old

Those living in the South West have been found to have the lowest cost of car insurance with an average of £1,221, while young people living in London are ripped off with the highest premiums with an average of £1,221. £1,896.

You can read our top ten tips to reduce the cost of auto insurance in minutes in our report.

The study also calculated that one-fifth of total spending on getting on the road was for driving lessons, with the RAC saying the average learner needs 45 before passing their test, which, at a cost of 30 £, returns to £1,350.

An additional survey of over 1,000 parents of new drivers found that more than one in four (27%) thought the cost of car insurance for their child was much higher than they expected .

Some 44% of parents said they contributed to the cost of their offspring’s first car, although a fifth (19%) also described the process of helping children hit the road as a “significant drain on their own finances.

Learners have to pay an average of £1,350 in driving lessons to be able to hit the road, according to the calculation

Learners have to pay an average of £1,350 in driving lessons to be able to hit the road, according to the calculation

Ryan Fulthorpe, GoCompare’s resident car expert, said the company’s ‘Cost of Driving’ report serves as a benchmark to break down the costs young people and their families will face once they reach driving age at a time when life is expensive. are on the rise.

“We knew it was going to be a tough year for a number of reasons – the global rise in used car costs, the cost of living crisis happening in the UK and not to mention this is the first year that we are somewhat returning to normalcy after the pandemic,” he said.

“Unfortunately, it looks like while costs for young drivers have been going in the right direction over the past two years, we are now seeing a slight price increase.”

It is important to note that GoCompare’s calculation does not include fuel costs, which have increased significantly in 2022.

ComparetheMarket estimated that – at current average UK prices and young drivers driving 6,800 miles a year – it will add an extra £992 to their car bill for the first year.

The study also failed to include annual MOTs, which cost up to £54.85, and servicing and maintenance, which for an older car will likely cost hundreds of pounds.

Some links in this article may be affiliate links. If you click on it, we may earn a small commission. This helps us fund This Is Money and keep it free to use. We do not write articles to promote products. We do not allow any business relationship to affect our editorial independence.

Comments are closed.