Young drivers pay more to insure their cars

Because age plays such a large factor in the cost of car insurance, there are some very expensive mistakes to be made by young drivers if they fail to do their research before buying a car.

Opting for a ‘go faster’ GTI could see them forced to fork out an additional £1,333 per letter – pushing the cost of their insurance up by £4,000. What’s more, some young drivers in high-risk areas could be paying up to £14,600 to get comprehensive cover for a sporty second hand car, such as a Golf GTI, w