Getting young drivers on road
Y OUNG drivers priced off the road are being helped to get back behind the wheel by Peugeot which is extending its innovative Just Add Fuel scheme.
There is ample research showing that younger drivers are finding the cost of running a car too much for their budget. One study found a 12 per cent drop in the number of 17 to 25 year olds buying new cars between October 2009 – September 2010 and October 2010 – September 2011.
But now Peugeot is extending its unique Just Add Fuel scheme to include drivers from 21 years of age.
Just Add Fuel is a simple car ownership solution that allows drivers to purchase a brand new Peugeot by covering all the major motoring costs in one single fixed monthly payment but until now has been available only to those over 25.
The all-inclusive, inflation proof three year package provides comprehensive motor insurance, road tax, vehicle servicing, roadside assistance and warranty all in a three year finance package with one single monthly payment.
For example, for a 21 year old the typical cost for the 107 Active three door would be £215 per month after paying a deposit of £1,633. For the 208 Access 1.0 it would be £247 after a £1,593 deposit.
Neil Moscrop, director of sales at Peugeot says: "With insurance premiums for young drivers spiralling there is little incentive to buy a car when the amount needed to run it seems so overwhelming. Owning a car offers a great sense of independence and freedom to young drivers and for many is their main way of commuting, so it's important that this age group isn't put off from buying and running cars indefinitely.
"Just Add Fuel means that drivers can manage their motoring budget easily for a period of three years.''