The Car Purchasing Process - UK - April 2016
“Car sales reached a new high of 9.93 million units in 2015 helped by a strong economy, low interest rates and the actions of manufacturers and retailers to encourage purchases. Looking ahead, although the market is showing signs of stability there remains considerable interest in purchasing a car. Around half of adults are set to buy in the coming three years with half of these purchases coming within the next 12 months.”
– Neil Mason, Head of Retail Research
This report looks at the following areas:
- Growth in car sales slows after recent strong increases
- Alternative-fuelled vehicles finally achieving breakthrough
- Variable interest in in-car technology
Products covered in this Report
This Report investigates the car-buying process and the retailing of cars.
It focuses on both new and used car sales to private individuals although for the purposes of market context also includes car sales to other markets such as business and fleet.
It is exclusively focused on passenger vehicles, and therefore excludes any discussion of the market for light commercial vehicles or fleet vehicles.
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* This is a sample representation of the report layout and does not reflect the research included in this report.
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