The Cheapest Cars For Teens To Insure.
Vauxhall’s flagship car, the Corsa, is the most popular vehicle among younger drivers – but they would save £400 if they picked a rival hatchback.
By opting for the Peugeot 107 as their first car instead, a driver aged between 17 and 25 would pay £900 for fully comprehensive insurance, compared with £1,305 for the Corsa.
The small engine of the Peugeot is the biggest factor in bringing premiums down compared with other, more powerful models. It’s also a cheaper option to buy. A brand new three-door 107 sells for around £6,000 whereas the 2015 Vauxhall Corsa starts at £9,000.
But research shows that the Peugeot is less favoured among younger drivers, according to insurance quotes searched via comparison service Comparethemarket, which includes information about a person's age and car model.
Among those cars that are perhaps less fashionable, but cheaper to insure are the Fiat 500, Citroën C1, Kia Picanto and Toyota Aygo. All of these cars can be covered for £706 or less.
But none of these cars are favoured by motorists in their teens and early 20s.
According to the data, under-25s would prefer a Ford Fiesta (£915 to insure), Renault Clio (£980 to insure), Volkswagen Golf (£1,104) and the Vauxhall Astra (£883).
Under-25s typically spend half of their car’s value on insurance, and the cost of getting a younger driver on the road has by increased 18pc in the past year, to £2,232 on average for 17-year-old.
The Cheapest Cars For Teens To Insure:
CAR: Cost to Insure for Under 25s:
Peugeot 207 £900
Fiat 500 £912
Citroen C1 £928
Kia Picanto £958
Toyota Aygo £970
...... And the cars they actually buy......
Vauxhall Astra £1402
Volkswagon Golf £1702
Renault Clio £1248
Ford Fiesta £1246
Vauxhall Corsa £1304
The Trick For Getting Cheap Car Insurance:
Getting the cheapest car insurance is, sadly, not as simple as just using a price comparison service.
These websites - try Moneysupermarket's quote finder - provide an excellent starting point. But some major insurers only deal with customers direct so you will need to enter your details on their websites as well. These include Direct Line and Zurich.
Some insurers also offer special offers that are worth factoring in and are often not included on comparison websites. For instance, the Post Office will guarantee the over-50s that they will beat their renewal premium by £50