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A new study by Heritage Car Insurance has revealed that new motorists typically pay \u00a311,137 to get on the road.<\/p>\n
Using information from the Office of National Statistics, the insurance company noted that the average cost of becoming a motorist has increased by 47 percent in two years.<\/p>\n
Naturally, the most expensive cost of starting to drive is buying a car, with new drivers typically spending \u00a36,600 on their first set of wheels.<\/p>\n
In comparison, first-time drivers who bought a car during 2020 typically paid nearly half the price, at \u00a33,562.<\/p>\n
Whilst drivers can currently buy a car for significantly less than the average first model, many young motorists look for something that is reliable, modern, and safe.<\/p>\n
READ MORE: <\/strong> \u2018I\u2019ve owned this car for eight years and just found two hidden features’<\/strong><\/p>\n According to the online vehicle marketplace AutoTrader, the average price of a used car increased for the 41st<\/sup> consecutive month during August 2023, a rise of 1.1 percent.<\/p>\n Whilst it is a significantly smaller growth compared to the same month in 2021 and 2022, used car buyers typically spend \u00a317,3732 on their vehicle.<\/p>\n Nevertheless, there are some bargains to pick up, with AutoTrader noting that the typical cost of electric vehicles fell by 22.6 percent, despite seeing a strong increase in demand.<\/p>\n Don’t miss… <\/strong> We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info<\/p>\n In addition to buying the car, many first-time drivers have also faced rises in the cost of insurance, typically paying \u00a31,414 for their first year on the road.<\/p>\n During the second quarter of 2023, UK motorists faced an average increase of 40 percent on their car insurance policy, with inexperienced drivers typically seeing a larger effect as they have not built up a no-claims bonus (NCB).<\/p>\n Whilst there are a number of factors that have increased insurance prices, many experts state that it is mostly due to an increase in the number of claims following the Covid pandemic and a rise in the price of repairs.<\/p>\n Heritage Car Insurance noted that the cost of applying for a provisional licence and driving test, plus driving lessons has not changed since 2020.<\/p>\n However, young drivers are still affected by price rises faced by all motorists, such as the current increase in the cost of petrol and diesel.<\/p>\n Whilst prices have steadily been increasing for several months, some motoring experts are warning drivers to prepare for sharp increases in the near future due to planned cuts in oil reserves.<\/p>\n![](\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/24\/590x\/secondary\/used-car-prices-4977155.jpg?r=1695663500564\")
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‘I’m a car expert – a common engine oil mistake increases fuel consumption'[REPORT] <\/strong>
Third of drivers are late to work because of poor office parking[INSIGHT] <\/strong><\/p>\n![](\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/24\/590x\/secondary\/provisional-licence-4977148.jpg?r=1695663500635\")
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