Cheap Insurance For Young Drivers With Fast Cars - Looking for something big on performance but low on insurance? These fast but cheap machines to insure may be just the ticket
Fast cars and cheap insurance rarely go together; however, there is good news for speed freaks on a budget, as not all high-performance cars have high insurance premiums. Yes, small, cheap city cars with less power than a lawnmower are usually much cheaper to insure than powerful sports cars, but there are great deals on some fast cars.
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It can cost £326 to insure a slow and exciting Citroën C1, but that can charge £1,091 to insure a fast BMW M2 competition (with the same insurance conditions). However, there is another BMW 2 series that is just as fast as the M2, which can be much cheaper to insure. BMW M235i.
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The M235i (the car one step below the M2 in the 2 Series range) would cost just £609 a year. Not bad for a car that will go from 0-62 mph in 4.8 seconds - slower than the 4.4 seconds claimed by the M2 and better mileage than the Citroen's 14 seconds. So go for the M235i and you get more than four times the power of the Citroen for less than twice the cost of insurance. It seems reasonable to us...
Getting a feel for how to stack car insurance for different models can be difficult, but the basics are pretty simple. Cars like the C1 are often relatively simple and sold in large numbers (meaning parts are generally cheap) and relatively slow (meaning the driver is less likely to lose control) - qualities that insurers appreciate see The opposite is generally the case with performance cars and expensive models. They are usually expensive to repair, sell in low numbers and are incredibly fast, which is an insurer's worst nightmare.
As we've demonstrated with the BMW M235i example above, however, choose wisely and you can find exciting, fast and desirable cars that cost less than you might expect to secure. So below we've rounded up cars that offer incredible speed for insurance costs; make them attractive, whether you are a young driver, looking for as much power as possible or just looking to cut your insurance bill as much as possible. .
As well as being relatively cheap to insure, the cars we've chosen are available for under £20,000 (or around £300 a month in PCP finance) and come with the kind of performance you mind will blow. Click here to view the details used to generate the insurance amounts shown.
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The Mini Clubman sits in a very busy and competitive market of fast hatchbacks, but it stands out from the crowd thanks to its funky styling and comfortable driving experience. The Cooper S version takes its impressive performance credentials a step further thanks to a powerful 2.0-litre turbo petrol engine producing almost 200bhp. Insurance is also surprisingly cheap - the cheapest in our range here.
Manual and automatic gearboxes are available, and for those who want maximum grip in slippery conditions, four-wheel drive models are also offered - branded as 'All4'. Mini prides itself on the number of customization options it offers, so it seems no two Clubmans are alike - perfect if you want a car that's a little different to everything else on the road.
The current Suzuki Swift Sport is fun that doesn't cost the earth. In fact, it is very conscious thanks to a mild hybrid system that helps reduce emissions and boost fuel economy. That said, the 1.4-litre turbo petrol engine under the bonnet is at its best when worked hard, with the Swift being enthusiastic, which does fuel consumption no favours.
On the open road, the steering and the suspension are well judged and should put a smile on the face of an enthusiastic driver with a few turns. Contributing to the Swift Sport's engaging driving experience are a number of sporty styling cues, such as twin exhaust tips protruding from the rear bumper and a pair of bucket seats up front. Despite these, it is still very cheap to insure.
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Abarth - Fiat's high-performance sister brand - did a great job with the 124 Spider. It looks great, handles great and is pretty fast too. Part of Abarth's success is due to the fact that the Italian automaker struck a deal with Mazda to build its 124 Mazda MX-5s using many of the same components used to make them. This is not a bad thing, as the MX-5 is a great two-seater roadster.
Every Abarth 124 Spider has a 1.4-litre turbocharged petrol engine that produces around 170bhp, but there is a choice between a manual and automatic gearbox; to have emotions, the first is the best choice. It also looks the part, especially with the 'Heritage Look' option, which adds a matte black hood and lid. It may be a two-seater sports car, but with an insurance premium of £400, the 124 Spider is also surprisingly cheap to insure.
Thanks to some serious bits of go-faster technology, PeugeotSport's 308 GTI is a great choice for those who want a hot hatchback that's exciting to drive, very fast and still not too expensive to insure.
It's not all gone and no show either, as some models are available with a striking color scheme where half the car is red, blue or white and the other half is black (this becomes a 'Coupe' mentioned). Franche' from Peugeot). You can love this look or hate it, but if you want your cheap and fast car to really stand out, this is a definite way to achieve it.
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One thing to like about the 308 is the interior. It comes with what Peugeot calls the "i-Cockpit", which refers to a small steering wheel setup where the driver's dials (like the speedometer) are visible above the wheel. This is different from most cars, where you usually have a larger steering wheel with dials that you see from the wheel. Some love this, some hate it. If you're consideringa 308 GTI, it's worth taking a closer look at the interior images to see if you like the look of this one or not.
A fast diesel car worth buying? Yes, we are serious. While diesel engines have historically been best suited to boring vans, buses and motorway cruises - where economy is prioritized over performance - Skoda has produced some fairly quick diesels and one of the best is the Octavia vRS.
Diesel vRS Octavia's are for those who like easy overtaking without working the engine hard or changing constantly. This means that when removing roundabouts they are ideal to, for example, divert slower traffic without trying too hard.
If you want your fast and cheap car to be very practical as well, estate versions are available in addition to the already practical hatchback version. Meanwhile, you can choose between a manual and automatic gearbox, a gasoline-powered model or a four-wheel drive for added grip when you accelerate.
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What do you get when you cross one of the best sports cars in history with a folding metal roof? Mazda MX-5 RF. The MX-5 has never come with huge power figures, but it prioritizes simplicity and light weight, meaning it doesn't need a big engine to be fast. The MX-5 is also known for offering impressive road-holding abilities, which means it can carry a lot of speed in corners and outdoors without going off-road.
Opt for the 160bhp 2.0-litre petrol MX-5 RF and the car rockets to 62mph in a brisk 7.4 seconds, although the less powerful 1.5-litre version is a great choice if you need something not so quick. For those who want the most power, Mazda revised the MX-5's 2.0-liter engine in late 2018, increasing power by more than 180 horsepower and making it feel much faster.
Aside from the excellent performance, the MX-5 remains a relatively simple car - which certainly helps make it cheap enough to warrant a sports car - but still has enough comfort to keep most drivers happy.
The fact that the Audi S3 can accelerate from 0-62 mph in just 4.8 seconds says it all, really – this German everyday hatchback is very quick and can out-accelerate a Porsche Cayman – one of the best sports cars on sale. That reasonable pace is due to a few things. First, the S3's 2.0-liter turbocharged gasoline engine produces a whopping 300 horsepower. Second, the standard four-wheel drive system ensures that power is delivered to the wheels it turns on. Third, an impressive automatic gearbox is available and ensures very quick gear changes.
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Performance numbers aside, the Audi S3 is pretty good to drive, believe it or not
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