Finance cars for young drivers

What is car finance? Can a guarantor finance a young driver? Can you buy your first car? Car finance for 18-year-olds – and older On your 18th birthday the situation improves.

However, just because you are eligible to apply for car finance doesn’t automatically mean you’ll be successful. Just Add Fuel deals for young drivers Available for new car buyers aged and over, a Just Add Fuel finance agreement makes it easier to budget for a new car, by including the finance, insurance, servicing, tax and breakdown cover in a single monthly payment.

However, young drivers are still likely to need a guarantor for this. If you’re and you’ve passed your driving test, your next step is probably working out how to buy your first car. However, there are a few things you can do to prepare for buying your first car while you’re still under 18.

We have a massive range of brands available, and will help you find your perfect first car. Young drivers ’ car insurance is likely to be very expensive and as a new driver there are a few things you can do to ensure you get the lowest price available to you. You could opt for an insurance policy that comes with a black box.

These telematics devices monitor how the car is being driven and reports back to the insurance company. The Peugeot 1has been named as the cheapest car to insure for younger drivers in the UK It found that the lowest premium for a year old with this car was just £74 nearly half the price that.

Car finance Allows young drivers to purchase a brand new car on a PCP (Personal Contract Purchase) or an HP (Hire Purchase) Agreement and get the first year’s car insurance for free or an insurance contribution towards your premium!

You get the finance deal that’s right for you, or you can pay with cash whichever suits you best. Free insurance available in selected postcodes. Your new car will be covered through Marmalade with a discreet black box.

Repeated unsafe driving could lead to a premium increase but out of Marmalade drivers have never had that problem. It’s cracking value on finance and significantly cheaper than most of the competition to buy outright, too. Opt for the 75hp engine and insurance is only Group – perfect for a young driver. Price new: From £12Lease this car : From £1per month Search for a used Renault Clio on Parkers here.

Here we take a look at the things you may need to consider if you are looking to get car finance as a young driver. If you’re under years old it may be harder to find a suitable car finance agreement because you’ll probably have little – or no – credit history and this is likely to affect the amount of lenders that are willing to provide you with a car loan.

Expert tips for 17–year old learner drivers and new motorists. Car finance can be stressful enough as it is, so being a young driver on car finance can be extremely stressful. So there is another option, which is probably the most popular among young people and that is buying a car outright. In conclusion, young drivers can get car finance.

Finance – advice from Young Car Driver. But, it will be more difficult for a number of reasons.

If you’re buying a car for a younger driver, or are fed up of spending lots of money insuring your car, then check out some of the cars below. They’re all available with deals that include free insurance – typically for a year.

This means that you can drive away without that extra hassle of having to.

Here at Nationwide Vehicle Contracts, we have a great range of brand new vehicles ideal for young and first-time drivers, with many available for under £1a month. Likewise you must be aged between and years. Minimum-age drivers must have a black box fitted to the car, while on selected models and 25-year-old drivers must, too.

The cars covered under the scheme are the DSDS Cabrio, DSDS Crossback and DS 5. We’ve partnered with Marmalade to help young drivers reduce the expense of driving. This cost-effective package provides young drivers with a brand new car with free or discounted insurance.

All this with a very low upfront. Although the majority of applicants will receive free or discounted insurance, in some circumstances we will provide a contribution towards your deposit.