The cost of car insurance for young drivers is notoriously high, with 17 to 24 year old’s often paying well over a thousand pounds a year for the privilege of being on the road.
The make and model of car can make a significant difference to how much young drivers fork out each year.
For this reason, it might be worth shopping around for insurance first instead of hunting for a car and then being lumbered with a huge cost of getting behind the wheel.
Drivers who choose a Peugeot 107 will pay far less for insurance when compared to other models, according to Marmalade, an insurance provider for young drivers.
The Peugeot 107 has been named as the cheapest car to insure for younger drivers in the UK
It found that the lowest premium for a 17 year old with this car was just £740, nearly half the price that some young motorists will be paying for their vehicle.
Young drivers can also potentially keep the cost of their insurance down by installing a black box, which reduces the chances of 17 to 24 year old’s having an accident in their first six months on the road by 73 per cent.
Crispin Moger, chief executive of Marmalade, said: ‘Insurance costs can be significant for young drivers, so we always encourage them to consider how much this will be before purchasing their vehicle.
‘They might feel like they have bagged a bargain with their car, but if insurance costs are high – for example if it is lacking modern safety features – it can be a false economy.’
To help young drivers decide which car could save them the most money, Marmalade has revealed the cheapest nine cars for insurance premiums.
These are a range of new, nearly new and used cars.
1. Peugeot 107
Average insurance cost for 17 to 24 year old: £1,114
Lowest premium for a 17 year old: £740
The Peugeot 107 comes top of the list for cars with low insurance premiums. It costs on average £1,114 for a 12 month policy for those aged 17 to 24 – although quotes can be as low as £740 for a 17 year old.
The small car is perfect for new drivers, and despite its small proportions, is available with five doors, making it surprisingly practical.

2. Citroen C1
Average insurance cost for 17 to 24 year old: £1,181
Lowest premium for a 17 year old: £784
The Citroen C1 is able to reach 69 miles per gallon and with tax of just £110 a year, running costs are very reasonable for this smart little first car.
Motorists can choose from a one litre or a livelier 1.2 litre engine and the light steering makes it easy to navigate city streets and park in tight spots.
3. Toyota Aygo
Average insurance cost for 17 to 24 year old: £1,182
Lowest premium for a 17 year old: £736
In third place is the Toyota Aygo which comes with a small engine, easy to run around.
The first non-French car in the list costs just £1,182 a year to insure but can be as cheap as £736 from age 17.

The average insurance cost for drivers with a Fiat 500 is £1,281 – but could be as low as £747
4. Ford Ka
Average insurance cost for 17 to 24 year old: £1,225
Lowest premium for a 17 year old: £659
The Ford Ka has been a popular choice with young drivers since it first came out in 1996 – and having been around for 24 years, it is older than many of the young drivers who own one today.
The average cost for insurance is £1,225 but 17 year old’s could pay just £659.
5. Fiat 500
Average insurance cost for 17 to 24 year old: £1,281
Lowest premium for a 17 year old: £747
Making it into the top five is another design icon – the Fiat 500. The Italian car was the top selling car through Marmalade in 2019, combining style with practicality.
Popular with many young drivers, this model is compact and ideal for city driving.

Insurance: Vauxhall Corsa’s are a top choice for young drivers looking for cheaper premiums
6. Vauxhall Corsa
Average insurance cost for 17 to 24 year old: £1,342
Lowest premium for a 17 year old: £711
Packed with clever technology and surprisingly roomy, the Vauxhall Corsa is finding favour with a new generation of motorists.
Whilst the average insurance cost is £1,342, this can go down to £711 for 17 year olds.
7. Volkswagen Polo
Average insurance cost for 17 to 24 year old: £1,347
Lowest premium for a 17 year old: £569
German cars are known for quality and for those looking just to insure one, policies for a 17 year old can be had for as little as £569.
The Polo has been on the market for over 40 years but the small car is still roomy, reliable and a great choice for those looking for an affordable first car.

Young drivers: The average insurance cost for 17 to 24 year olds with a Renault Clio is £1,362
8. Renault Clio
Average insurance cost for 17 to 24 year old: £1,362
Lowest premium for a 17 year old: £817
Another popular French model on the list, the fourth generation of the Clio is widely regarded as the best yet.
The smart car comes with reasonable running costs and newer models come with cutting edge features, such as electronic stability control, anti-lock brakes and emergency braking assistance.
9. Ford Fiesta
Average insurance cost for 17 to 24 year old: £1,398
Lowest premium for a 17 year old: £759
Britain’s top-selling car of all time, the Fiesta is safe, cheap to run and excellent to drive. Available with three or five doors, it costs an average of £1,398 to insure for young drivers.
Drivers can also choose from Powershift or Ecoboost engines or from sportier models to entry level 1.0 economy drives.
Marmalade calculated the average insurance prices based on average costs for new driver insurance premiums January to December 2019 for drivers aged 17 to 24. The lowest premium was based on the cost for a 17 year old with Black Box Insurance purchases between 1 October 2019 to 15 January 2020.
SAVE MONEY ON MOTORING
Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.