Wowza! That's a lot of miles for a novice driver. I can see why the premiums are being hiked - I found the sweetspot was 6000. Less than that, and the premium hardly changed, more than 6K and the price rocketed quickly.
I think if I was studying that far away from home, I'd have been looking at getting a place in a shared house, and just bringing my washing home at weekends! data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7
She only does three days pw & studies from home on the other two. I played around some more & disovered the Jazz is in quite a high insurance grouping, relatively speaking. No idea why when it's slower than a slow thing on a slow day in slow town.
I can more than halve that figure switching to a VW Up & adding an experienced driver to the policy. Would probably need to buy some more miles though as £10k would mostly be eaten up by college. Although she should be able to earn some of their bonus miles with careful driving.
Looks like £4k would also buy a newer Up than Jazz, so I'm making progress.
That's around 9600 miles/year just for college if she does Mon-Wed-Fri at college and Tue-Thu at home.
If she does consecutive days at college could she not lodge for those nights?
Or if the mileage limit is per the insured car only, borrow another occasionally (or get a lift there/back) to keep the reading down?
What about the Peugeot 108 on the young drivers offer, friend got a new auto 108 with 3 yrs insurance and servicing with 2k or so initial payment then about 250 a month over 3 years, it's a marmite car but basically worked out cheap motoring for a youngster (black box is required though)
Nearer 8.6k for the full 36 weeks but her course is also entirely assignment/assessment based, so once the assignments are complete she's done. This year would have been around 8.1k.
An overnight stay may be worth looking at.
I'll take a look thanks but these deals usually limit mileage even more.
Edit
Can't see any specific young drivers offer, at least not direct from Peugeot. They want some £10k over four years to effectively rent with no maintenance included. Paying around 3x the interest to borrow than cash can earn in the bank would make little sense. Limited to 6K pa as well.
Also worth noting that new young drivers are more likely to have a minor prang, repair of which will be chargeable at the end of any finance deal if not resolved. Not to mention the added stress on a new driver about avoiding prangs in a new car.
Does it have to be an automatic? How soon do you need it? We could be selling our Swift in the next couple of months as we won't need a car in the city.
Yes it has to be auto as she's opted to learn i one. No great rush as she hasn't booked a test yet, but I wanted to be ready to go once she passes rather than start the research then.
Good points about a new car by the way.
I had a 2008 auto Polo for a few years, didn’t have the dsg box. Nice little car though and my dad now owns it. I currently have a 2015 auto fiesta, much better car than the polo. Insurance about the same.
"Does it have to be an automatic?
If there is No reason why she has to have an auto, why cant she go do the manual test first.
Then look at Ins' Co's that issue the Black Box thingy, that will bring the costs down.
Plus put yourself or Mum on the policy.
Get her past the test first, then start getting quotes.
I think she has already started to learn in an auto, as a lot of people are these days, as it is likely manuals will die out altogether within a decade.