A BRITISH teenager has shared his frustration at the price of car insurance in the UK after being quoted more than £3,800 for a 12-year-old car.
The anonymous 17-year-old was using financial advice site MoneySavingExpert yesterday to compare prices for the Vauxhall Corsa he’s looking to insure.
Despite trying every trick in the book – including adding his taxi-driving dad who has driven for 30 years to the quote – the price won’t budge.
The teen has since taken to social media for advice on the over-inflated costs he faces, where Brits were similarly bemused by the prices quoted.
A screenshot of the site shows the prices for two policies in the new driver’s search, both from Admiral Insurance.
The more expensive of the two comes in at a staggering £4,696.73.
Even adding a black box to what appears to be the same policy only brings the cost down to £3,877.28.
Desperate for help, the teenager shared their situation to social media yesterday with the caption: “Why, just why.
“I never knew insurance on a 12-year-old Corsa could cost that much.
“For context, I’m 17, and I’ve tried every trick under the sun – parked on a driveway, saying I’m a student and also tried saying I work in retail, both barely budging the price.
“Added my dad who’s been driving for 30 years and is a taxi driver, and used multiple comparison sites. What else is there to do?
“Not even worth getting a car at this point.”
The post has since received over 240 likes and more than 320 comments from social media users sharing their own opinions on why the price was so high.
One wrote: “Not the car, it’s the driver. They’re 17, insurers will take one look at his age and quote the same even if it was a Fiat Panda.”
A second said: “The Corsa isn’t helping because so many young people drive them and crash them. Try something more obscure, it’ll halve the price.”
Another commented: “It really annoys me when these people say they’ve tried everything.
“You don’t have to spend more than two minutes on Reddit to see that a Corsa is a s**t option.
“You haven’t tried everything, you just don’t want to admit to yourself that you have to get an ‘uncool’ car.”
A fourth wrote: “Crikey, how many people have you run over to get that price?”
Another said: “So that rich people can tool around in their status symbols, but you assume their risk.”
