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Apart from buying a house, a car is one of the most expensive items you will purchase as a young driver. Most young drivers find that buying a car is the easy part. Insurance can be very costly for a young or new driver, sometimes costing more per annum than they paid for the car. Then there’s car tax and mot tests, that’s all before you add the cost of fuel and maintenance. Let's look at insurance first. There are three levels of car insurance;
- Third Party, this cover offers the least protection if you have an accident. It covers the cost of repair to other vehicles and persons involved, however, it does not cover the cost of repair to your own vehicle or yourself. As...