Starting out as a motorist has always been a notoriously expensive affair, but today’s new drivers are set to struggle financially more than ever, as the cost of learning to drive has risen 18 per cent in the past five years.
New research by comparison website GoCompare has discovered that the average cost of getting on the road for the first time now stands at £6,768.
Driving costs upwards is the increase in the amount young drivers and their parents are willing to spend on a new car, which now stands at an average of £3,825, up from £2,477 in 2009.
And, despite a fall in insurance costs for young drivers – the traditional barrier between teenagers and the open road – premiums still stand at an average of £2,232 – often much more than the value of the cars to which they apply.
At an average annual premium of £2,232, there is no getting away from the fact that insurance for young drivers is costly.
The cost is such that around 30 per cent of parents surveyed by GoCompare, admitted to helping their children pay for insurance cover, with 48 per cent describing premiums as a “rip off”.
Driving lessons themselves can often prove prohibitively expensive too, with the average learner spending £480 getting themselves up to speed.
Matt Oliver, spokesman for GoCompare, said: "Learning to drive and owning your first car is a rite of passage for most young adults but the cost of becoming a new driver can quickly mount up.
"Although we found the average amount spent on a first car is now £3,825, many 17-year-old drivers will find their first year's car insurance premium costs more than the car itself. At an average annual premium of £2,232, there is no getting away from the fact that insurance for young drivers is costly."
Are the costs involved with learning to drive keeping you or your children off the roads? Have your say in the comments section below.
January 22, 2015