Seven in ten motorists aged between 17 and 24 have relied on financial support from their parents to help cover their motoring costs in the last year, according to research. Repairs and maintenance costs are the second most common financial contribution, costing parents £197 a year, followed by fuel which costs parents around £176 and then vehicle taxes and MOTs costing £131 a year. Young drivers are also said to be very reluctant when it comes to receiving the support in the first place. 'Compared to other age groups, young drivers tend to pay a lot more for their car insurance. 'However, young drivers should take care to avoid fronting.

Source: Daily Mail September 03, 2022 00:14 UTC