Cost of driving puts young men in financial difficulties

Cost of driving puts young men in financial difficulties

The cost of motoring for young men in the UK is continuing to increase, with many spending more than £12,000 before they can legally drive on the road.

According to research by the Institute of Advanced Motorists (IAM) the cost of lessons, driving tests, a car, tax and MOT and insurance now stands at £12,300.

And with the average wage of 16 and 17-year-olds in 2009 standing at just £9,300, rising to £14,440 for 18 to 21-year-olds, many are struggling to get on the road.

IAM chief executive Simon Best said more time needs to be spent training young people from 14 to 16 how to drive to boost their skills when they reach driving age.

"We also need to see post-test training for young drivers in the first 12 to 18 months after passing their driving test. In Austria this has been shown to cut the death rate for young male drivers by 30 per cent," he explained.

Motorists also admitted to not servicing their cars as regularly as they should in a recent Kwik Fit survey, but the organisation said this could leave them with a larger bill in the future.

This entry was posted in Car Finance. Bookmark the permalink.

Leave a Reply