Is car insurance more expensive on newer models?

Sophie S

New member
Im comparing car insurance quotes online. I havent yet got the car im insuring but Im looking at different 206 models. I know there are many factors when it comes to the quote, but does a newer model cost more to insure because this is what I seem to be finding:
2004 models- my insurance is around £470, yet when I checked the same model but a 2005 reg it was nearly £300 pounds more.
 
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