The Royal Automobile Club (RAC) has released a list of the cheapest cars to insure for 17-year-olds in 2026. The organisation analysed data from various insurance providers to determine which models offer the best value for money. According to the RAC, the cheapest cars to insure for 17-year-olds in 2026 are the Toyota Yaris, Peugeot 108, and Fiat Panda, with prices starting from just £1,200 a year.
The RAC's research found that these models are not only affordable to insure but also have low purchase prices and low running costs. The Toyota Yaris, for example, has a starting price of £12,000 and an annual insurance cost of £1,200. The Peugeot 108 starts at £8,500 and costs £1,300 to insure annually, while the Fiat Panda has a starting price of £10,000 and an annual insurance premium of £1,400.
Other popular models, such as the Ford Fiesta and Volkswagen Polo, are also among the least expensive to insure. However, these models tend to be more expensive to purchase and maintain, making them a less attractive option for 17-year-olds on a budget.
When it comes to car insurance, 17-year-olds are considered high-risk drivers and are often charged higher premiums. However, by choosing a car with a low purchase price and low running costs, drivers can save money on their insurance and maintenance costs. The RAC recommends that 17-year-olds consider the following factors when choosing a car: purchase price, running costs, insurance costs, and safety features.