When I was 17, 7 years ago, I bought a 1995 Land Rover 300TDI defender for £6k, due to it not having rear windows it was classed as a panel van and NFU charged me £500 for my first year and £450 thereafter. Add as many drivers as you can.
Obviously, they might be a bit more expensive now and the running costs were eye watering for a 17 year old considering I fitted a new chassis (galvanised), however, it didn’t depreciate and I made £700 when I sold it after all said and done.
Exactly same for me, eldest daughter Mini One (she kept it for 10 years) youngest went for And kept it for 6 years, both have replaced them with newer models of the same cars.been there done that with both my daughters at 17, fiat 500 1.2 sport for one and a bmw mini one for the other , both bought second hand at a fairly reasonable price and insurance was surprisingly cheap as well, both cars were cheap to run and reliable
Just the concept of a 17 year old spending 6k on a car is totally alien to my history. (Totally no offence meant)
When I was 17, £6k would have been roughly 2 years of my 'income'
...and my income should have been nearly spent on rent.
C
Car mad from the age of 10 and had been saving since I started working aged 12 and then had 3 jobs by 14.
Luckily, my parents didn't charge me rent and my 17th birthday present was a rather generous £2k and 10 driving lessons paid for. They were more than happy to contribute to a defender as my dad was sure it couldn't reach speeds to kill me..
The key with getting a cheap defender is not being frightened of replacing the chassis. A Richards chassis is around £1k, if I remember correctly and the labour wasn't too bad as I helped out. I guess the savings from insurance paid for the maintenance etc!
Exactly same for me, eldest daughter Mini One (she kept it for 10 years) youngest went for And kept it for 6 years, both have replaced them with newer models of the same cars.
I do think the Fiat is a bit girlie (except the Abarth I guess) -
Im not surprised kids are so entitled nowadays. I got my first weekend job at 14 by the time I passed my test at 17 I’d managed to save £1000 to buy my first car.
ditto, I was cleaning dormers of private schools on Sundays, local bakers and various gardening jobs at that age as well, couldn't agree more , the younger generation want it all on a plate
With you there,Not being at all funny, but I'd think twice about spending £6k on a car now. Mostly for Mrs C's daily hack, granted.
C
My son has a 2014 Ecoboost Fiesta - the 999cc triple. Great little car; handles well, pretty economical - he loves it. No car tax and insurance about £1000 with black box when he was 19/20.
Only down side (from his point of view) is no CarPlay etc on that age.