In 2013 a growth in sales put the new car sales market at 25% with 2,264,737 new car registrations, making the UK the second biggest new car market in the EU. Used car sales still dominated 75% of the market though selling 6,806,187 cars. Now in early 2014 we have seen another increase in new car sales.
A rise in new car sales may be due to the improvement of the UK’s economy but it can also be traced down to easier finance options such as 0% interest options. Just because it is more affordable to buy a brand new car now though does that necessarily mean that it’s a better option?
The Society of Motor Manufacturers and Traders (SMMT) released the top 5 selling new cars in April 2014. Below we have compared these five cars with the top 5 selling used models that AM Online found in March 2014.
Top 5 Selling New Cars
1. Ford Fiesta
2. Ford Focus
3. Volkswagon Golf
4. Vauxhall Corsa
5. Audi A3
Top 5 Selling Used Cars
- Ford Fiesta
- Ford Focus
- Vauxhall Corssa
- Vauxhall Astra
- Volkswagon Golf
What This Shows
The Ford Fiesta is the number one selling car for both new and used cars. With a number of features that may attract buyers such as its SYNC technology that allows drivers to connect to their music and phones. It is easy to see why it is number one as it is stylish with a modern design and reviewers have also praised the comfort of the car. The Ford Fiesta has fuel saving technologies too which is becoming more important to customers.
Both lists show that hatchbacks and superminis are popular in the UK. Which highlights the increasing awareness among car buyers of fuel efficiency and the benefits eco-friendly cars being more affordable to run. Smaller cars are generally more energy efficient and the Ford Fiesta and Ford Focus both run on 1.0 litre engines which is both ecologically and economically viable.
These factors show that consumers are buying with a conscious of the environment. Interestingly customers are also looking for more advanced technology in their cars which tells us what the future holds for the automobile industry.
Find a Car Online
The internet provides a huge resource to car buyers when comparing prices or choosing between new and used cars. AA Cars sell a wide range of used cars such as used Mini Coopers which can save buyers on average over £3,613. As cars lose value the moment you leave the garage it is definitely still worth looking into the savings that can be made when purchasing a used car.