It'll depend on the insurer mate.

It used to be that it was much cheaper to be a named drive. Problem is the insurance companies have become wiser to this practice and as a result they charge the premium primarily to the highest risk.

the "cheapest" way is for you to insure and add your Parent then you will get your no claims down otherwise buy a cheap none hot hatch. If your dad registers the car or in fact you do But your dad insures with you as a named driver AND You use the car the most, if the insurance finds out/accident occurs the policy will be void.

In my view... if you want a "hot hatch" then be prepared to pay the cost. With the credit crunch insurance companies are really pulling in the strings and pushing the costs up... unfortunatley you are male and a new driver. Be prepared to pay the earth.

P.S It doesn't help much being on a parents insurance as it still goes off the "most liable" person so would ultimatley only save you around 15-20% of the total cost on a hot hatch... which isn't really worth it. If it was a low group 1.4 Fiesta, Corsa etc then you'd probably make a saving of 25-30% which probably would be worth thinking about.

As Scotty said if you want the hot hatch then you have the price tag to go with it
Just don't keep chopping and changing your car like me, go for what you want

They were saying about that on topgear....a friends insurance company basically tricked him into saying it was his car and so had to stump up the extra insurance