Car finance experts Car Loan 4U comments on new car sales hitting a six-year high

Car Loan 4U comments on new car registrations for 2013 enjoying its best year since 2007.

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Car Loan 4U
It’s good to see that finance deals have played a key part in helping consumers buy a new car, as I think we are seeing a significant trend towards more people taking out car finance.

Macclesfield, Cheshire (PRWEB UK) 9 January 2014

Sales of new cars in the UK have hit a six-year high, according to the latest figures from The Society of Motor Manufacturers and Traders (SMMT).

New car registrations have risen by 10.8% when compared to 2012, uplifting to a total of 2,264,737, with private sales contributing to 1.07 million units. It also topped the SMMT’s own forecast of 2.25 million for 2013.

When it came to figures from December 2013, it was a 22nd consecutive month of growth with 152,918 new cars sold to hit a growth of 23.76% when compared with the same month in 2012.

The best-selling cars of 2013 was also dominated at the top by Ford, with the Fiesta and Focus taking first and second place respectively, followed by the Vauxhall Corsa, Vauxhall Astra and Volkswagen Golf to complete the top five.

Car Loan 4U Director Ryan Dignan, comments:

“It is fantastic news to hear that new car sales have hit their biggest total since 2007 and it’s sure to make people in the industry buoyant for 2014 that new car registrations can continue to grow.

“The UK continued to lead the way in Europe last year in new car registrations and while other countries have somewhat struggled, I think it speaks volumes that there’s been consecutive months of growth in this country.

“It’s also good to see that finance deals have played a key part in helping consumers buy a new car, as I think we are seeing a significant trend towards more people taking out car finance.”

Motorists looking to get their hands on a new or used 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 or used cars, which can be underwritten and approved in minutes.


Contact

  • David Sargant
    Carloan4U.co.uk
    +44 2081234079
    Email