Car finance experts Car Loan 4U comments on the rise of new car registrations

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The UK’s number one online car finance specialist Car Loan 4U comments on the highest volume of new car registrations in 66 months.

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It’s great news to hear the recovery for new car sales in the UK have picked up for September and hopefully, it sets the trend for the rest of the year.

New car sales have experienced the highest volume for 66 months in the UK, with the latest figures from The Society of Manufacturers and Traders (SMMT) announcing that there were a total of 403,136 new car registrations for September 2013.

That dates back to March 2008, with a market rise for September 2013 of 12.1% when compared with September 2012 and a 19th consecutive month of growth for new car sales.

Manufacturing in the UK has also received a boast, with it revealed that more than one in seven new car registrations for September were built in the UK.

When it comes to individual manufacturers, Ford had another impressive month with the Fiesta, the top seller again with 20,629 and the Focus in third spot with 14,295, taking Ford’s sales for the year to date to over 96,000.

Car Loan 4U Director Ryan Dignan, comments:

“To have the highest volume of sales for new cars in over five years is a significant rise of growth for the market.

“We’ve had over 400,000 new car registrations for September and a 19th consecutive month of growth in this country, which is proof that the 63-plate for September has had a real impact on the market for new cars amongst buyers.

“It’s great news to hear the recovery for new car sales in the UK have picked up for September and hopefully, it sets the trend for the rest of the year.”

Motorists looking to get their hands on a new car might want to consider their car finance solutions and as leading car finance providers, Car Loan 4U can help provide expert advice.

Car Loan 4U offers a wide range of car finance deals regardless of the customer’s history or circumstances to give a fast decision on loan applications for new cars, which can be underwritten, approved and paid in just 30 minutes.

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David Sargant
Carloan4U.co.uk
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