Vauxhall Have Slashed Car Insurance Costs For Young Drivers

Posted on
Vauxhall Have Slashed Car Insurance Costs For Young Drivers

Vauxhall is helping drive down the cost of motoring for drivers aged 18-20 by offering them one year’s comprehensive insurance cover for a one off payment of just £99 with the Vauxhall Corsa Excite or Limited Edition models.

  • Teaming up with insurance provider, ingenie, Vauxhall is helping its young customers get on the road more affordably with its popular Corsa models. As an added bonus, to reward good driving, each driver can earn the entire cost of the insurance back with good driving – up to £33 per quarter - meaning the total cost of insurance for twelve months could be paid back.

    Each car is fitted with ‘black box’ technology which monitors driving style, including speed, acceleration, braking and cornering. Every 10 days – or 40 miles – ingenie will provide the driver with a score based on how well they are driving, along with feedback messages in a smartphone app on how to improve, and how much money they’re on track to save.

    After every three months, an overall score is provided and money can be reclaimed.

    Black box technology encourages good driving, gives parents peace of mind and can also saves the customer money in year two!

    Customers can also benefit from Vauxhall’s Flexible PCP, which allows them to tailor their finance to suit their budgets. With deposits from zero upwards and zero per cent APR, customers can select finance terms between 24 and 36 months.

    As an example of the Flexible PCP offers available at Pentagon at the moment, Corsa Excite is available from just £169 per month with a £169 deposit, while Corsa Limited Edition can be driven away from £149 per month with a £1149 deposit at 0% APR.

    For more information about the new insurance offer for young drivers visit ingenie.com/vauxhall-offer, visit your local Pentagon Vauxhall showroom or view both the new Vauxhall Corsa offers on the Pentagon website by clicking here.

"“This is ground breaking news for young drivers, some of whom could still be paying upwards of £2,000 for insurance when they’re 18. We wanted to provide young drivers who buy their cars through Vauxhall retailers with affordable insurance to help them get on the road.”" Mark Pinkney, Vauxhall
Article by
4 years ago
Representative Finance Example
APR Representative 8.9%
Cash Price £8,995
Deposit £176.10
1st Monthly Payment £326.10
58 Monthly Payment £176.10
Final Monthly Payment £326.10
Amount of Credit £8818.90
Total Amount Payable £11042.10
Total Charge for Credit £2047.10
Fixed Interest per Annum 3.96%
Duration 60 Months