Young Marmalade offers an alternative to buying a cheap 1st car and paying a large annual insurance premium, by combining the purchase of a new-, or nearly-new-, car and the insurance premium for the first year.
The advantages are lower overall cost, driving a new, safer, more reliable car. The insurance is a comprehensive policy, giving the driver 35% no-claims bonus at the end of the year which is transferable to other insurers (some insurers may only allow a 30% bonus), subject to there not being any "fault" or theft claims.
To qualify, you'll need to still have a clean driving licence, and not have any convictions pending. You'll also need to complete the PassPlus couse but the course itself is free !
YoungMarmalade offers two types of comprehensive insurance policies - a 'conventional' policy and one with a substantially lower premium if the young driver does not drive in the high-risk hours between 11pm and 5am - if they do, there is a daily extra charge of £100 to pay. This innovative insurance scheme has resulted from analysis of data which shows that a staggering 95% of accident claims (by value) occur in this high risk period.
You can buy the car outright or use one of the Young Marmalade car finance schemes — A new car from only £160 a month !
There's lots to choose from Citroen, Ford, Fiat, Nissan, Renault, Seat and Toyota and many others. There's the option of buying new or nearly-new and missing out on the early depreciation costs
Register at Young Marmalade car and insurance scheme or call 0845 644 2026.