Annabelle Clarke

PR Manager

Annabelle Clarke | Author

Eduardo Rodrigues

Content Writer

Claudia Tuñón

Isobel Coughlan

Joseph Law

Bumper Content Writer

Alastair Shephard

Passing your test is an amazing feeling, offering the freedom to explore the country without supervision.

However, new drivers often face high insurance costs due to their lack of experience. To minimise expenses, choose a car with a low insurance rating, which leads to lower premiums. 

Below, we've listed 8 of the cheapest cars to insure for new drivers to help you get on the road without spending a fortune.

If you’re under 20 years old, insurance companies will penalise you even more for your lack of experience. The cars below are perfect for travelling to and from college or school and road trips with friends. 

We’ve also listed some guideline insurance prices based on a 17-year-old driving while living at home with parents. Remember that your insurance quotes will vary greatly depending on personal circumstances. 

Here are some of the cheapest cars to insure for 17-year-olds and young drivers:

1. Ford Fiesta - Group 2 - £1,500 per year

One of the most common first cars and cars for young people, the Ford Fiesta is a legendary supermini, been produced since 1976 right up until 2023, there’s been plenty of innovation, changes and improvements over the years. 

For a great used bargain, check out the Mark 6 model; years 2008 - 2016, which came with cruise control, electric windows and A/C on the mid-range to high-end models such as Titanium. 

2. Renault Twingo - Group 2 - £1,450 per year

Renault excels at making small city cars, and the Twingo was their smallest car in production for a long period. Designed to be made for people who need slightly less space than the Clio, its clever packaging and design meant it actually had almost as much interior passenger space as one. 

Because of its small engine, high safety rating and low cost, the insurance group is only level 2, meaning it's very cheap to insure, and will help bring the price of new driver insurance down. 

3. Vauxhall Corsa - Group 2 - £1,470 per year 

The Corsa is another young driver favourite and has been since its release in 1993, this is due to its compact size and low maintenance and running costs. The new Corsa is no different but is no longer the smallest car in the Vauxhall lineup. 

If you’re lucky enough to be buying a new car for your first one, Vauxhall offers great zero percent interest deals, and the cars come fully loaded with Apple CarPlay, cruise control and more. 

Even though it’s built on the same platform as the VW Up!, surprisingly the Mii is cheaper to insure. This may be because the insurance groupings are based on risk and statistics rather than just car type. 

Subjectively, the Mii does have better styling and a better-designed interior, which is another reason to opt for it over the VW Up! It also comes with more equipment as standard such as 16” alloys, and a DAB radio playing through a 6-speaker sound system. 

5. Volkswagen Polo - Group 1 - £1,250 per year

The Volkswagen Polo is a perfect pick if you want a small car with high ratings. It’s also pretty cheap to insure, meaning you can zip from A to B in a popular car without high costs. 

Polos with 1.0-litre engines fit into Group 1 insurance classifications — the lowest group. So, make sure you’re looking at 1L variants before you purchase. Other perks of a Polo include a big boot, space for four adults, internal soundproofing, and lots of comforts.

6. Hyundai i10 - Group 1 - £750 per year

If you’re really keen to get a good price, a Hyundai i10 is another excellent choice. This car fits into the Group 1 insurance bracket, and you can get deals where you only have to pay £750 per year. Awesome. 

This car is often overlooked as it’s not the most trendy. However, with a high-quality interior, a five-year warranty, and plenty of space, it’s worth considering. Only the 1.0-litre engine version qualifies for Group 1 insurance. This is slower but fine if you drive mainly around towns or cities. 

7. Kia Picanto - Group 1 - £800 per year

Another Group 1 option, the Kia Picanto, can be insured for as little as £800 per year. It’s another small car without any high-tech extras, but it’s ideal for those who have just passed their tests. 

Though the Picanto is small, there’s enough cabin and boot space for comfortable driving experiences. The interior is also surprisingly high-quality compared to the price. You even get a seven-year, 100,000-mile warranty, meaning you’ll be covered for longer than the Hyundai i10.

8. Volkswagen Up! - Group 1 - £900 per year

Volkswagen is a fantastic choice for new drivers, not only with the Polo but also the Up. With a 1L engine, this minimalist model comfortably sits into Group 1 and saves you money. Of course, a 1L engine isn’t fast, but this is a compromise you might have to make for cheaper insurance!

The Up has a surprising amount of room, including a generous boot. Pair that with a smooth drive and a more attractive look, and you’ve got a strong contender for a first car.

Cheap Cars to Insure for Older First-Time Drivers

Even though many people learn to drive as soon as possible, at age 17 or 18, we know that it’s not always possible or required for some people until later in life. Therefore, we’ve also compiled a list of ideal first cars for older drivers, who may need space for families and work duties. 

These would also be great for foreign nationals who’ve recently moved to the UK, as insurance costs for expats can be considerably higher. 

Here are the lowest insurance cars for new drivers:

1. Skoda Octavia - Group 13 - £1,150 per year 

 popular saloon or estate car is a good choice for those looking for low insurance. The relatively low power but great safety features mean the insurers don’t deem them a high-risk vehicle. 

Perfect for a family, they have plenty of room for 4 people and luggage, the estate being ideal for carrying a dog, bikes or just doing tip runs. The infotainment is up there with the sister car, the Volkswagen Passat, but at a lower price point. 

2. Kia Sorento - Group 12 - £1,070 per year

Whilst the 2.2 diesel Sorento doesn't have the smallest of engines, its low insurance group means it's still relatively economical to insure. The SUV platform would suit someone who prefers a high driving position too. 

Kias have become a great choice for those wanting peace of mind too, with their 7-year warranty as standard, and reputable dealer network. 

3. Mazda 6 Estate - Group 16 - £1,320 per year

Another roomy estate, the Mazda 6 is a slightly bigger offering than the Octavia but is still in a low insurance group - meaning affordable cover. The boot is cavernous at over 520 litres, and the 2.2 diesel engine has plenty of grunt too. 

We think the Mazda interiors of recent years are some of the most stylish out there, easily competing with the harsh lines of VW and BMW interiors, and being more subtle than Mercedes. 

4. Vauxhall Combo Life XL - Group 12 - £1,240 per year

If practicality is your main concern, a car based on a van would probably be ideal. The Combo Life is just that, with 7 spacious seats and windows in what was a Combo Van floor plan and drivetrain. 

A clever folding mechanism and the removal of the rear row of seats result in an enormous amount of space, perfect for hauling furniture, pets or other large items. The Combo Life comes well equipped too, with a touchscreen navigation system as standard, with a DAB radio and Bluetooth connectivity. 

At first, the Seat Ibiza looks like it should be in the first half of the list. It’s a smaller car with a lower-power engine that may suit some younger drivers. However, it’s also great for older drivers who don’t need a larger vehicle or extra power. 

The Seat Ibiza is in insurance Group 2, so it has very affordable costs. It also has a stylish look, plenty of space for passengers, and a touchscreen infotainment system with the possibility of full smartphone integration. Don’t skip this option if you’re a city or town driver!

Other Ways New UK Drivers Can Lower Their Insurance Costs

Alongside looking for the cheapest car to insure for 17-year-old, here are some additional ways to secure affordable insurance.

The Conclusion On Cars For First-Time Drivers With Cheap Insurance

Navigating high insurance costs can take the excitement out of passing your test — but it doesn’t have to be doom and gloom. Hopefully, this blog has inspired you and helped you find your first car. 

For more tips on how to get cheaper car insurance check out our guide 

, you can spread the cost of any repairs at no extra cost. Apply for a credit limit and find a reliable service partner today. 

Cheap Cars To Insure For New Drivers: Young And Old

In today's world, the push for environmentally friendly and fuel-efficient vehicles has never been stronger. Hybrid cars have emerged as a practical solution for those looking to reduce their carbon footprint while saving money on fuel. 

If you're in the market for the best value hybrid cars, there are some excellent options. In this article, we'll explore the cheapest plug-in hybrid and self-charging hybrid cars available in the UK, offering unbeatable value for eco-conscious motorists. 

If you're in search of a compact and affordable hybrid, the Honda Jazz Hybrid is worth considering. Renowned for its reliability and efficiency, the Jazz offers excellent value for money. 

Its hybrid powertrain delivers impressive fuel economy, and the vehicle's compact size makes it ideal for navigating crowded city streets. With its budget-friendly starting price, the Jazz Hybrid is an attractive option for those looking for a reliable self-charging hybrid. 

The Toyota C-HR Hybrid is one of the standout choices for those seeking an affordable yet feature-packed hybrid car. With a starting price that makes it one of the most budget-friendly options in the hybrid market, the C-HR Hybrid offers exceptional value for money. 

The Toyota C-HR is a compact SUV that boasts an efficient self-charging hybrid powertrain, making it perfect for both city commutes and longer journeys. Its impressive fuel economy and stylish design make it a top contender among the cheapest self-charging hybrid cars in the UK. 

The Kia Niro Self-Charging Hybrid is another excellent option for budget-conscious hybrid buyers in the UK. This compact crossover SUV combines practicality, fuel efficiency, and affordability, making it an attractive choice for eco-conscious motorists who need a little extra space. 

With its self-charging hybrid system, the Niro ensures you don't have to worry about plugging in, making it a hassle-free option for everyday driving. Its competitive pricing and extensive warranty coverage enhance its value further. 

Ford has also entered the hybrid market with a bang, offering the Kuga Plug-In Hybrid at a competitive price point for a full-size SUV. This SUV provides ample space for passengers and cargo, making it a versatile choice for families and adventurers alike. 

The Kuga's plug-in hybrid technology allows you to drive on electric power alone for shorter trips, saving money on fuel while reducing emissions. It's a prime example of a practical and budget-friendly plug-in hybrid. 

No list of hybrid cars is complete without a Prius, despite not being everyone's cup of tea design-wise, they are an excellent choice for reliable, economical and safe transport. One with reasonable miles; in the region of 80 - 100,000, can be bought for around £12,000. This would buy a car made between 2012 and 2014. 

The second generation is the one we’d opt for, giving the best combination of battery wear and price. Most of the older cars are prone to failing 

 units, giving sub-50-mile range, and as they hold their value so well, the cars less than 5 years old are still above £20,000 to buy used. 

The Outlander was one of the first plug-in hybrid SUVs to hit the market in the UK, in 2013 it astonished everybody with its claimed economy figure of 140 MPG. 

10 years later and the technology seems to have held up well, with many achieving well in excess of 150,000 miles for sale on Autotrader. We’d advise trying to source one a little less travelled, with examples from 2015/16 being available for £9,000 with less than 80,000 miles on the clock. 

When launched in 2011, the Lexus CT200h was the first hatchback Lexus had ever made, it was also the first luxury hybrid hatchback to be made available. It was quite popular with company car schemes of the time, offering low company car tax due to its efficient drivetrain. 

Speaking of the drivetrain, it being borrowed from the Toyota Prius should give some confidence in its performance and longevity, with many cars still being used daily in 2023 we’d suggest a 2014 model with the facelifted front and rear bodywork. A nice one can be bought for around £8,500. 

From the success of the Prius, Toyota made sure to shoehorn the powerplant into as many models as possible. This brought cars of differing sizes to market, whilst still using the innovative hybrid powertrain. 

The Auris is a good example of this, being a slightly bigger car than the Prius, especially in estate form, is ideal for bigger families. The Auris has great reliability records just like the Prius, but we’d suggest getting as new as possible to preserve the 

. £8,000 will buy a relatively low mileage example, at around 80 - 100,000 miles. 

Hybrids are fast becoming more affordable on the second-hand market, but are still a little way off of petrol and diesel cars when you factor in the potential 

Hopefully though with our guide, you can find a hybrid that will serve its purpose of giving great fuel economy, at a reasonable price point. If you want to learn more about hybrid technology, check out our guide on the different types 

has been writing about cars for over seven years and writing for Bumper for over two, blending his passion for automobiles with a talent for storytelling.

Joseph has written about engineering and cars for Autozilla, Komaspec, and several engineering manufacturers. When he's not writing or tinkering with one of his five cars, Joseph dreams of owning an Alfa Romeo 33 Stradale.

The Cheapest Hybrid Cars for Sale in the UK

One of the most important factors to consider when buying a new car is how fuel-efficient it is, especially if you drive a lot of miles per year. In this article, we’ll run through some of the most fuel-efficient cars on sale today. 

Miles per gallon is the standard measure of fuel efficiency in the UK, although the European Litres per 100km standard is sometimes quoted by German, French and Italian car manufacturers. 

Many modern cars have an MPG readout on the digital dashboard, but if you want to double-check your MPG, or calculate it yourself, it’s quite simple: 

When you fill-up your tank, reset your car's trip computer. 

This gives you the MPG figure for that tank of fuel/journey. 

What are the most fuel-efficient cars in the UK?

With most car manufacturers focussing their research and development on improving fuel efficiency, there are plenty of cars to choose from if you want a high MPG figure: Here’s our top list of fuel-efficient cars in the UK. 

Since its introduction, the C class has been a top contender in the luxury saloon market, but with the latest hybrid powertrain, it is also one of the best options for fuel efficiency. 

Achieving over 470 MPG in Mercedes’ tests, it far surpasses the next best petrol or diesel hybrid cars. The large 

 pack contributes significantly to this enormous MPG figure, meaning it can drive quite a distance before even needing to call upon the 2.0L petrol engine. 

If you need more boot space and don't want an SUV, the Skoda Octavia iV could be the perfect option. It boasts over 250 miles per gallon from its 2.0-litre petrol engine and hybrid motor combination but affords over 500L of boot space. Making it a very functional and efficient family car. 

As with other Skodas, the interior and trim is purposeful and well-made. Whilst the tech has improved massively over the last 5-10 years, they’re still slightly behind the competition of Mercedes and BMW in finish level and luxury. 

The BMW 3 series is another saloon car favourite, boasting impressive handling and road-holding capabilities alongside the comfort and luxury required of a German cruiser. 

Alongside the 2.0-litre turbo petrol engine, the 330e has a large battery and motor combination pushing the total horsepower to nearly 300 bhp. The 330e slightly outpaces the C300 e to 60mph, too. 

If you don't need the height and bulk of an SUV or the luggage space of an Estate, the Peugeot 308 Hatchback might fit the bill nicely. It has just enough room to carry 5 adults and a reasonably sized boot.

The 1.6-litre petrol engine and motor propel the car to 60 in around 7 seconds, meaning it has a reasonable turn of pace. 

It can also do nearly 40 miles on electric power alone, meaning if your commute to work is short, you might never need to fill up at the petrol station between weekends! 

As the first SUV in our lineup of fuel-efficient cars, the Lexus NX is a great choice for efficiency, luxury and SUV styling. Packed with incredible safety features including the latest dynamic radar cruise control for collision avoidance. 

At 84 MPG it does not fare as well as the saloons and estates it competes with, but it still does well, considering its nearly 2 tonne kerb weight. 

The car that popularised the hybrid technology still remains one of the most commonly seen petrol/electric vehicles on the road. Considering the Toyota has incredible reliability scores, great MPG and clever packaging, it's not too surprising. 

Favoured by Uber drivers the world over, the Prius offers plenty of space for 5 adults and their luggage and is not likely to break the bank on fuel costs or repairs. 

The 2023 model achieves just over 67 MPG, it’s important to note that this is the first 

 listed, plug-in hybrid MPG figures are often higher than self-charging ones, as they include the energy put into the battery via home charging, whereas self-charging hybrids need no additional energy other than filling up with petrol. 

, the Tucson is a great choice, with over 80 MPG achievable, and more than 550 litres of luggage space in the rear, it’s perfect for the cost-conscious large family. 

Like many other PHEVs discussed, the Tucson can do nearly 40 miles on electric-only power, with the 1.6-litre turbocharged engine kicking in to help out when required. 

Hyundai has really begun to target the high-end sector with their recent models, with premium features like smart parking assist, radar cruise control and top-spec infotainment systems. 

Make your repairs work for your budget. Split the cost into interest-free monthly payments at 1000s of partnered garages and dealerships nationwide. 

 has been writing about cars for over seven years and writing for Bumper for over two, blending his passion for automobiles with a talent for storytelling.

What are the Most Fuel Efficient Cars You Can Buy in the UK?

This month's Dealership of the Month award goes to Chiswick Honda & MG, part of the Norton Way Group. 

Having recently gone live with Bumper’s PayLater and PayNow solutions, the Chiswick team have won the award for their instant adoption of these payment methods into their process across the business. 

Regional Account Manager Jack McHale said, “I’m delighted to hand the award to the dealership. Their win is a recognition of a shared performance with both the sales and aftersales departments utilising Bumper to benefit their customers with a choice of payment options. 

“The teams have integrated Bumper into their daily conversations with customers following their training and recent launch. The feedback from the customers, service advisors, and sales execs has been great; with them all stating the ease of use as a key reason for its rapid uptake and success”. 

Congratulations to William, Tracy, Elliott and the whole team at Chiswick Honda & MG. 

Chiswick Honda & MG Take Home Dealership of the Month Award 

Everyone knows Michelin Tyres - the company with the jolly man made of tyres as its mascot. You’ve also most likely heard of Michelin stars – stars awarded to high-quality restaurants around the globe. But did you know they’re both the same company? This is how a tyre company started giving out the world’s most prestigious restaurant awards. 

Back in the 1880s in France, when there were very few cars on the roads, brothers Andre and Edourard Michelin needed a way to increase their tyre sales. To get drivers out on the streets and using more tyres they had the bright idea to create a guidebook. 

The guide initially focused on essential travel information like maps, instructions on how to change tyres, and places to refuel. At first the guides were given out for free in the hopes this would encourage more drivers to use them, until one of the brothers entered a workshop to see a stack of their guides being used to prop up a workbench. 

Under the assumption that nobody cared about the books because they hadn’t spent their hard-earned money on them, the brothers reworked their guide and began selling them for seven francs each (92p in today’s money). 

Included in this new version was a list of hotels and restaurants. They also removed any paid advertising. Noticing how much influence the guide had on diners’ choice of restaurants the brothers started to send ‘mystery diners’ to write reviews. 

In 1926 their famous star system was introduced. Initially, only one star was used, but five years later they began a one, two and three-star rating system, where one star was worth a stop, two stars were worth a detour and three stars were worth a special journey. 

Today the star system is still in use and has become a symbol of a great quality restaurant and top-notch dining across the globe. 

The Michelin brother’s famous guidebook wasn’t their only stroke of marketing genius. Around the same time as the guide was introduced, the brothers began to use a mascot. 

Almost exclusively known as the ‘Michelin Man’ this mascot made entirely of tyres’ real name is Bibendum. The name comes from ‘Nunc est Bibendum’ which is Latin for ‘it’s time to drink’, as early adverts showed the character drinking a glass of nails to show how strong Michelin’s tyres were.

Other early adverts depicted Bibendum as a womanizing, cigar-smoking, beer drinker. But luckily, he soon cleared up his act and in the 1920s he was often shown participating in sports like cycling and running or helping families change their tyres. 

It’s safe to say the tyre-shaped mascot has been a work-in-progress for the company, which has now become a refined and instantly recognisable character for everyone. Just make sure you don’t type ‘vintage Michelin man’ into Google or you’ll be in for a bit of a fright! 

How a tyre company started giving out the world’s most prestigious restaurant awards 

Through our partnership with Ecologi, Bumper is contributing to major climate-positive projects throughout the world. Ecologi helps to support Bumper’s sustainability goals by using funding from its members to invest in carbon avoidance and tree planting projects around the globe.

Currently, India generates 62 million tonnes of waste annually. Although 75% of this waste is collected, only 20% is treated. This has a huge impact on environmental and health issues across the country. 

When the waste is sent to landfill sites the supply of oxygen to organic waste is often cut off causing it to decompose anaerobically. This produces, amongst other harmful emissions, methane. Methane produced in India contributes to around 29% of total greenhouse gases, with the global average being around 18%.

To make the issue worse, India’s demand for electricity is growing rapidly, with coal power plants often relied upon. This can lead to adverse environmental and health effects for local communities. 

The aim of the Organic Waste Management Programme is to reduce reliance on fossil fuels and firewood for cooking by placing biogas plants throughout the country. The biogas is recovered and used for thermal and electrical applications. The programme also helps to avoid emissions by ensuring waste at landfill sites is disposed of properly. 

Between 2016 and 2023 the project resulted in an annual emission avoidance of up to 70,000 tCO2e and supported 73 jobs in the local community. A recent survey also found that 100 families who had previously used firewood for heating food had switched to biogas created from organic waste.

Ecologi Project: Using organic waste to produce electricity in India 

Cars are generally regarded as depreciating assets

This means that regardless of how well you service, clean, and care for your car, it will always be worth less than when you bought it. 

You don’t have to grin and bear a big loss, though! There are plenty of cars that hold their value in the UK. The trick is knowing which ones are worth your time.

To help you find a slow-depreciating car, we’ve rounded up the best cars in the UK known for holding their value. We’ve also gone a step further and given you the WORST cars known for depreciating quickly, so you can be sure to steer clear. Let’s jump right in.

Some cars lose their value faster than others. The list below shows which cars hold their value best. Make a beeline for these!

A popular car for people wanting a reliable, practical, smaller car, the Jazz’s reliability and simplicity mean even older ones still command a respectable price secondhand, making it the UK's best car for holding its value.

A favourite with self-employed tradespeople, the Ranger is practical and 

, as it is registered as a commercial vehicle. The practicality of the Ranger is what makes it so desirable, perfect for anyone looking for a car that holds its value and doesn't require lots of services.

If you’re looking for a new car that will hold its value for a few years, the new Defender is the best-performing car by far - mainly due to the incredible demand. It also provides luxury SUV features and durable off-road features. As long as you look after your Defender, you can expect it to only drop a fraction of the price after a couple of years. 

The third commercial vehicle to appear on the list, the Hilux is famed for its incredible reliability and durability. Other key features of the Hilux include up to 10 years of warranty coverage, a generous load area, and a steady build. With the Nissan Navara being discontinued, the demand for the Hilux will only increase.

Not looking for a pick-up truck? No worries. The Yaris is a top contender for a small city car with great practicality and reliability. It’s been in production for many years, and each generation is as well received as the last. The Yaris holds its value well, so don’t overlook it!

Since its inception in the 1970s, the Fiesta has been a popular small to medium-city car on Britain's roads. However, now that Ford has discontinued this staple model, we suspect the newer ones, especially the STs—the sporty ones—will hold their value well. 

If you’re looking for a luxury car that holds its value well, the Porsche Panamera could be a match for you. This offers a stylish look and excellent driver engagement. Of course, this is a more expensive purchase. However, it depreciates slowly while offering an opulent vehicle experience. 

The Land Rover Discovery Sport is a seven-seater that doesn’t depreciate overnight. It also boasts reliable off-road skills, a sleek look, and great interior design. You can use it for country terrains or driving to your local Tescos. Pick the plug-in hybrid p300e for the best performance, as this retains 63% of its initial value.

The Toyota bZ4X is a fully electric everyday car that might look a tad boring compared to some of the sports cars on this list. However, it has a reputation for reliability, a solid build, and an eco-friendly ethos. Plus, it holds its value well, which is likely necessary for you if you’re on this page! 

The Audi RS 3 has a 61.95% depreciation rate, earning it a spot on our list of cars that hold their value well. Yes, this rating means you’ll lose around 38% of the value, but this isn’t much at all compared to competitors. 

Modern technology, old-school aesthetics, and an excellent reputation—it’s the Mercedes G-Class. This car is by no means a cheap upfront buy. However, it doesn’t lose value after a few years of ownership, making it ideal if you’re looking to invest in a vehicle.

Another sports car that impresses drivers worldwide, the Porsche 911, unsurprisingly, doesn't lose much value. The best-performing version is the top GT3 variant, which holds up to 63% of its value. The worst performer? The Targa. This holds up to 47% of its value.

The plug-in hybrid p460e Range Rover sport takes the last spot on this list, thanks to its 65% retained value. This is yet another sporty edition that depreciates slower than its peers. So, if you’re ready to go all-in on an investment, check this model out.

Curious about the worst cars in the UK for depreciation? Here’s where not to invest your cash if you’re looking for long-term value. The reasons, as discussed above, are often due to the car's complexity, unreliability or status. 

BMW cars have a reputation for luxury, driving feel and performance, but these benefits, when new, can become liabilities as the cars age. After five years, expect your 5 series to be worth approximately 45% of its initial cost; after 20, 80% of the value will be lost.

For reasons similar to those of the 5 Series, buyers of new Mercedes C-Class luxury cars can expect them to drop in value significantly over the first years of ownership. 

Whilst Peugeot’s stylish SUV may be in vogue, the figures for its value show this to be short-lived. A Peugeot 2008 3-year-old car can be worth little over a third of its value on the forecourt. 

 F Pace depreciation UK? We’re here to deliver the bad news. Another SUV but priced for an entirely different market, the F-Pace is a brilliant bit of cutting-edge engineering and tech. However, this may also be detrimental, as they are worth considerably less after only a few years. 

It seems that confidence in the rebranded MG cars of the last couple of years is relatively low. The new MG6 and MG3 cars have poor depreciation figures, with 45% of their value lost by the three-year-old mark. 

Yes, it's possible to buy a car as an investment, but unfortunately, without a crystal ball, it's difficult to predict which cars will be the next big thing.

You may hear and read about relatively mundane cars being worth incredible value now. A notable example is the explosion in prices of old Fords. An ordinary Mark 1 Escort, a run-of-the-mill car in the 1970s and 80s, can now fetch more than a brand-new Ford Kuga.

However, if you have a substantial amount of cash to invest, the game changes. Certain cars, particularly high-end manual Porsches, BMW M cars, and other sought-after models, are almost guaranteed to hold their value. This can provide a reassuring sense of stability in your investment.

Car depreciation is caused by a range of factors. The main ones include:

The sum of these factors generally gives you the depreciation rate. 

13 Slow Depreciating Cars That Hold Their Value

The 2023 Best Workplaces in Tech™ list was launched this week by 

, recognising Bumper among the list of organisations in the small to medium-sized category for both UK and Turkey, where our tech centre is based. 

Bumper colleagues anonymously reported that Bumper’s way of working makes the company a Great Place to Work. Employees said Bumper is a peaceful, fun and inclusive place where there is emphasis on sharing knowledge and achieving together. Bumper’s Guiding Principles are that they think big together, make it happen together, and celebrate success together. 

Now in its sixth year, the Best Workplaces in Tech

 list celebrates companies adept at developing dynamic, collaborative cultures that serve as a catalyst for innovation and personal growth for all. 

An example of how Bumper’s supportive and innovative culture comes following recent Pulse survey results. Bumper’s Personal Enhancement Allowance Policy was implemented following colleague feedback and allows colleagues to spend an annual allowance on all things wellness and development related, creating a bespoke benefit that colleagues can tailor to their own needs 

One colleague stated in their survey, “I have found Bumper to be incredibly rewarding and fulfilling. My manager is exceptional, providing valuable guidance and support for my development. The work is engaging and allows me to expand my skills while staying up to date with industry trends. The team is talented and collaborative, creating a positive and motivating atmosphere. I feel fortunate to be part of such a remarkable company.” 

James Jackson, CEO and co-founder for Bumper has said: “We are incredibly proud to be ranked as one of the Best Workplaces in Tech for both the UK and in Turkey. We have worked hard to create a culture centred around the wellbeing and development of our colleagues in a fun and innovative environment. This award showcases exactly how we have managed to achieve this and how much we value our colleagues and great contributions they bring to the growth of Bumper.” 

Benedict Gautrey, Managing Director of Great Place To Work® UK said: “The Best Workplaces in Tech™️ list is created using the anonymous feedback collected from employees within the technology industry about their workplace experience. In one of the country’s fastest-growing industries, it’s fantastic to see these Tech organisations putting their people strategy at the heart of the business and implementing policies, practices and programmes that sustain an impactful and consistently great employee experience for all. A huge congratulations to Bumper for making one of our most prestigious lists.” 

Bumper Awarded Best Workplace in Tech 

Find all the latest industry news and handiest car repair and service tips on the Bumper Blog. Want to get the Bumper view on something? Let us know and we’ll drop a blog post on it as soon as we can.