Sixty Percent of Vehicle Owners plan to purchase cars in spite of downturn

Something like 60% of drivers aim to buy a new or used car this year regardless of the recession, a survey has suggested. But increasing running costs are putting people off going for 4x4s or People Carriers, the poll by motoring website and magazine Auto Trader found.

Based on responses from 1,270 UK drivers questioned last month, the survey showed that 54% of drivers aim to buy a used (including almost new) car and six per cent aim to buy a new car. 29% of motorists are keen to save money on increasing fuel, road tax and insurance costs with the choice of their next car.
Auto Trader group marketing director Matt Thompson said: “Our research provides evidence that there are plenty of motorists looking to buy a new or used car. This is great news for private sellers, dealers and manufacturers.”

During the last year the Sales Figures show a steady increase in demand for fuel and tax- efficient superminis and other small vehicles and a drop in demand for 4x4s, MPVs|People Carriers and other large family vehicles.

In the aftermarket too there are patterns of a back to basics approach amid drivers with sales of high value electronic goods dropping, whilst more simple requirements and safety items like light bulbs, Wiper Blades, filters etc are all holding up well.

The UK’s biggest Automotive After-market retailer, Halfords, with over 440 oulets, has stated, that it’s overall sales are down, and the biggest contributors to this fall are the decline in both unit value and Unit Sales of Satellite Navigation Systems and Premium In-Car Entertainment Systems. In contrast “Common Sense Necessity items are holding up well, and overall the company expect to meet its profit estimates for the full financial year.

Another player in the After-Market also suggests helpful effect from the recession. Silicone Wiper Blade Importer XOPC demonstrate sales up over one-hundred per cent in comparison to the same period last year. They put this down to the fact that drivers are more ready to research the market before just blindly buying one of the reputable leading brands. They state that their offer of high performance and extremely long life is proving very attractive to drivers anxious to get value for money whilst maintaining or improving their vehicle’s Safety. XOPC say their Wiper Blades are priced very competitively against premium branded rubber Wiper Blades, and additionally they are covered by a 12 month replacement warranty. The company went on to state that Silicone Wiper Blades typically last 3 – 5 times longer than rubber Wiper Blades, and are particularly efficient in extreme circumstances.

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