The Top Cars to Lease for Young Drivers
From the moment we go it alone on the roads, our cars soon become vital to our everyday lives. For young drivers the costs can be crippling.
When considering the cost of lessons, licences, theory and practical tests Confused.com estimate it costs around £1,320 to get to the point where you have passed your test and are ready to drive alone. New drivers then face even more expense to contend with to get out on the road and stay there. A vehicle and insurance now provide the main barriers between you and the open road. Don’t worry here at Rivervale Leasing we are here to help!
Firstly the cost of a vehicle; there are several benefits to leasing a vehicle even for new drivers – your road tax is likely to be included and you will have affordable monthly payments rather than one large payment for your car. Our guide to the different types of personal leasing can be found here.
Next onto the insurance costs. As young drivers are more likely to be involved in an accident’ the risk to the insurance company is greater, so the insurance premium is higher. It is usually around the age of 25 drivers are out of the high risk young driver category and have several years no claims so start to benefit from lower insurance costs. Until then, young drivers should be smart about the make and model of vehicle they choose to drive to keep their insurance costs as low as possible. Vehicles are categorised into 50 insurance groups. The group a vehicle is placed into depends upon many factors; the engine size, performance, initial purchase price and the costs of parts and labour are just a few things taken into consideration. There are 50 insurance groups; the higher the number the higher your costs are likely to be.
For young drivers or those who want to keep their driving costs as low as possible, the good news is there are plenty of cars to choose from in insurance group 1.
Here are Rivervale leasings top picks of cars in insurance group 1
|Vehicle||Insurance Group||NCAP Rating||Maximum mpg||Top speed||0-62 mph|
|Seat Mii1.0 S 3dr||1E||5||72.40 mpg||99mph||14.40 seconds|
|Hyundai i101.0 S 5dr||1A||4||70.60 mpg||96 mph||14.90 seconds|
|Volkswagen Up 1.0 Take Up 3dr||1E||5||72.40 mpg||99 mph||14.40 seconds|
|Skoda Citigo 1.0 MPI S 3dr||1E||5||72.40 mpg||99 mph||14.40 seconds|
The comments above do not necessarily reflect Rivervale's views unless clearly stated.
9 September 2015
Written by Natalie Faughy