Home Automotive New drivers more likely to spend common £4,000 on first automobile

New drivers more likely to spend common £4,000 on first automobile

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New drivers more likely to spend common £4,000 on first automobile

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Younger folks about to take a seat their driving exams are getting ready to spend a mean £4,124 on their first automobile, which implies most franchised dealerships are lacking out on this chance resulting from their stocking insurance policies.

Pre-17 driving consultants at Younger Driver surveyed 500 of its prospects who will quickly flip 17, to search out out what their plans are after they go their driving check. The driving college specialises in instructing 10-17 yr olds learn how to drive, with the purpose of making a safer subsequent technology of drivers.

Nearly two thirds of the respondents (64%) stated the brand new driver would have their very own automobile after they handed their check – with 8% already having one lined up. One in three (29%) stated the brand new driver would solely have use of their guardian’s automobile to start with. Solely 3% would don’t have any entry to a car. 

Of the brand new drivers who will probably be getting a automobile, the Younger Driver analysis revealed that:

  • 98% will get a used car
  • 84% will get a petroleum, 12% diesel and 4% electrical
  • 92% will get a handbook

When requested how a lot they have been more likely to spend on a brand new automobile, solely 4% stated they deliberate on forking out greater than £10,000. Seven per cent have been taking a look at automobiles below £1,000, with the common quantity, from all of the responses, being £4,124.

In 60% of instances the automobile can be purchased by a guardian or different member of the family, and for 40% it might be the motive force themselves. 

A automobile dealership was the most well-liked method of securing a brand new automobile, with 36% saying that’s how they’d buy a car, carefully adopted by 35% wanting on-line. One in 10 (11%) plan to get a automobile from mates or household.

Sue Waterfield, head of selling at Younger Driver, stated: “It’s attention-grabbing to see such a excessive proportion of children could have entry to their very own automobile after they go their check. Driving permits younger folks way more independence and alternatives in relation to employment and schooling, particularly in rural areas the place public transport will be missing.

“Our purpose as an organisation is to verify new drivers are as properly geared up to drive on their very own as they are often. We all know the accident price is considerably larger for brand spanking new drivers.”

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