It’s only natural that parents will want to help their kids get on in life, this is especially so when it comes to driving it has been found. Mums and dads are collectively spending more than £2 billion just helping their kids get on the road for the first time. Want Driving Lessons know this because of research done into parental spending by Kwik-Fit.
This research has found that 59% of parents help their kids aged between 17-25 years to cover the cost of their first car. In lay mans terms this means spending an average of £381 for each parent. But it was found that Mums were spending the most, forking out around £396 per year compared to fathers £367 yearly contribution. Although this is just a difference of around £30, both parents will likely be putting down a large amount when it comes to helping their children get onto the roads.
But it’s not just help for the younger drivers that Kwik Fit have revealed. It’s been found that 43% of parents still contribute to their 26-30 year-old children’s motoring costs. More than a third ( or 36%) even still foot the bill when it comes to drivers approaching middle age in their mid to late 30′s. How much is spent naturally depends on how much the parents are able to afford, with 9% saying that they happily spend more than £1,000 every year on motoring costs for their kids.
So why are our parents so happy to help out? Almost half of the parents who took part in the survey said they were happy to help because they knew their offspring could not afford the costs that come with driving by themselves. 35% of parents said that they wanted to ensure their children were driving a safer or more modern car.
Kwik Fit is currently supporting a campaign to lower the number of accidents that happen to young drivers. It’s called the ‘New to the Road’ campaign and offers younger drivers the chance to win a year’s motoring costs (although this doesn’t include fuel and road tax). It aims to bring knowledge to drivers on how to stay safe on the roads while keeping bills low.
Kwik Fit said in a statement: “New to the Road supporters Kwik Fit Insurance will provide a year’s insurance cover; Goodyear, a new set of tyres; Kwik Fit will provide servicing and an MOT, and RED Driving School will offer up to 20 hours of free driving lessons or advanced driver training.”
A pretty good deal we think!
Roger Griggs who is the communications director at Kwik Fit said “Becoming a motorist and passing the driving test is exciting, but it can also be expensive. There’s often a temptation to cut corners to help bring costs down but this is likely to be at the expense of safety, so it’s good to see parents are keen to help cover these costs. We know that motoring costs can be a burden, particularly for new road users, so we’re offering advice to help make these costs more manageable. And we would encourage any driver who is new to the road to enter the competition to win their motoring costs for a year.”
Find out more by contacting Kwik Fit directly and staying tuned to the website.