Motorists who are reluctant to check out the 09-registered models arriving in showrooms next month - because they are concerned about the cost of insuring a new car - may be worrying unnecessarily, it has been claimed.

Research by moneysupermarket.com revealed buying cover for the latest models is not always more expensive than a used vehicle policy.

It found a 35-year-old male motorist could end up paying 20 per cent less to insure a 2008 Vauxhall Corsa compared to the same model registered in 1999.

Andy Leadbetter, managing director of moneysupermarket.com, also pointed out: "Where the premium for a new car does show as more expensive, the price differences are much smaller than many would expect to see."

Older drivers who have managed to build up their no-claims bonus over the years may find they can get a competitive deal on over-50s car insurance.

Providers are generally prepared to offer more mature drivers cheaper cover as they are regarded as a relatively low risk.

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