If you are a student who has recently passed your driving examination then you will be in the fortunate position of now being able to purchase a new car, but also in the unfortunate position that you will almost certainly have very little money to spend. You must also not forget that owning a car is not only about the purchase price of the car, there are running costs to consider and insurance costs too.
You will probably know that cheap car insurance for young drivers is very difficult to obtain due to the fact that insurance companies take the view that young drivers are an especially poor insurance risk, and in the insurance world it is risk that is the main determinant of insurance premium levels.
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