Consumers who have witnessed new and used cars become significantly more expensive since 2020 are unlikely to beat a path to dealerships as a result of the National Insurance cut in Jeremy Hunt's 2024 Spring Budget.
In this latest '5 Minutes With' interview, I ask Alphera Financial Services director Alex Royall about some of the work UK motor retail is doing ahead of changing FCA regulation, including affordability checking when a consumer wants to buy a car.
One in four car buyers actually enjoys the process of negotiating with a dealer on their purchase, a latest consumer study by What Car? reveals.
Women will soon be majority of drivers and car buyers, expert suggests, so car dealers and OEMs need to improve their marketing to "trigger" a female shopper into buying.
Motorway has launched a multi-million pound marketing campaign spanning TV, outdoor, radio and digital channels.
More than four-in-10 people (41%) of those looking to purchase a car would like to buy a zero-emission vehicle (ZEV), according to research by EY.
More than a third (38%) of drivers have delayed their car buying plans as a result of economic uncertainty caused by COVID-19 and Brexit, a report by Close Brothers Motor Finance has found.
Millennials (24-39 year olds) are expected to lead a car ownership ‘boom’ that will benefit the post-COVID car retail sector, according to the 2020 EY Mobility Consumer Index.
Young motorists are the most likely to walk into a dealership and expect to drive away with a new or used car on their first visit, Auto Trader research suggests.
An AA poll canvassed 18,741 of its members and discovered that 33% respondents did not followed through with a purchase because the service history had gaps in it or revealed a lot of past repair work.
Price is at the top of new car buyers’ considerations when buying, according to Carwow.
Motors.co.uk has revealed its dealers’ ‘average days to sell a car’ was 48, in June.
32.17% of finance checks conducted by My Car Check in the first half of 2015 showed money was still owed on the car.
My Car Check has revealed its used car buying tips for June, with the Audi Q5 2.0-litre TDi S Line named its car of the month.
50% of buyers visit more than one dealership when buying their next car, while 67% of those do so on the hunt for a better deal, according to Auto Trader’s Buyer Behaviour Survey.
Manheim has launched a new mobile auction unit in the form of a Volkswagen Amarok Ultimate pick-up, at this year’s CV Show.
CarSnip is launching a new universal car search for used cars, which is set to go live as a beta version later this month.
