The cost of running a car for young drivers has risen by an average of £385 in the past year, according to new figures.
On average, a 17- to 24-year-old motorist will now pay £2,488 per year to run their car, with increases driven by higher fuel and insurance costs according to Comparethemarket’s Young Drivers research.
Julie Daniels, motor insurance expert at Comparethemarket said: “The rising cost of running a car among other soaring household bills mean that many young drivers could struggle to afford staying on the road and may impact their ability to get into work or see friends and family. It is even more challenging once other costs such as parking fees, breakdown cover, and car maintenance are considered. ”
