Cheapest car I've insured is my 13 plate BMW 1 series, only a 1.6 turbo derv but at 700/year at 19 with 3 points its pretty good. Half the price of previous older cars (318i, 316i, mx5, gaylander, 106)
But 4k on 12 months Insurance?.. This kid has far too much money to burn - or maybe daddy...