Yes but he hasnt got the 48k, finance compnays wont give him anoth 10k to play with, they will give him enough for the car and thats it.
Prolly closer to 4-5k on insuarance best to get that quote before you get the car. Shannons, Famous are prolly best bet......mind you, my mates GF is our age and looking at getting R32 GTR and insurance was a bit under 3k, not as expensive a vehicle of cause. But when you talking insurance, age and experience have just as high a bearing (if not higher) than the total cost, and we talking about a 15k diffence in price to.