Monday, March 28, 2016
QUARTER OF BUYERS CONSIDERING NEW CAR BEFORE SEPTEMBER
According to the latest Sainsbury’s Bank car buying index, 24 percent of UK adults are considering a car purchase in the next six months. The index, which tracks consumers’ purchase intentions, has shown a steady increase in the number of buyers considering a new car in the past two years.
Almost a third of buyers who signalled an intention to make a purchase before September said the reason for buying was down to confidence in their own finances. This was followed by 24 percent stating they had more disposable income and 12 percent wanting to drive a car with the latest 2016 registration. Researchers also found that 49 percent of buyers planned on using finance to fund their purchase - a seven percent increase on the previous year.
DATED: 28.03.2016
FEED: ARN
