Grandparents helping to fund grandchildren to get behind the wheel – survey

A third of grandparents with grandchildren who are old enough to drive have provided financial support to help them get behind the wheel, a survey has found.

Some 35% of grandparents with grandchildren who have started to learn to drive have contributed money to help out, spending £140 on average, according to the research for flexible car insurer Veygo.

Driving lessons, petrol money and buying a first car are among the financial help given by grandparents.

Our research reveals that a significant number of (young drivers) are relying on their grandparents to help fund their journey

Some also said they had paid for their grandchild’s insurance.

James Armstrong, CEO at Veygo, said: “Getting behind the wheel is a key milestone for young drivers, and our research reveals that a significant number of them are relying on their grandparents to help fund their journey.”

OnePoll surveyed 2,000 people across the UK in March for the research.