'Brits want new cars with lower motor insurance'

Despite many drivers wanting to find a car with a lower motor insurance quote, most are not shopping around for the best motoring deals, an expert has claimed.

According to research by AA Personal Loans, demand for sporty cars is slipping while environmentally-friendly vehicles are growing in popularity.

A quarter of Britons are planning to purchase a new car sometime this year, with the number being driven by environmental issues, the financial services provider suggests.

Some 31 per cent stated that they wanted a new car which was cheap to maintain, while 27 per cent wanted a vehicle which fell into a lower motor insurance group and had better fuel economy.

Those planning to buy a 'green' car rose from six per cent in February to 20 per cent.

Lloyd East, Director of AA Personal Loans, said that money issues were becoming difficult to separate from environmental factors as consumers were looking for vehicles in low motor insurance groups which are cheap to maintain and to run.

"Our concern at the AA is that the savvyness people show in the cost of running a car is not mirrored in how they buy them. Too many people take expensive forecourt finance, not shopping around for a good deal. Convenience is costing Brits millions every year," he said.

However, the type of car owned is not the only factor taken into account when calculating motor insurance premiums, with providers having to consider age, experience and post codes, among other thing EveryInvestor.co.uk states.

According to research conducted last year, ten per cent of Britons could save up to 39.7 per cent on their motor insurance with Kwik-Fit Insurance.

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