New Car sales boost for the UK Motor Industry welcomed by Gap Insurance specialists at GapInsurance123

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Recently released new car sales figures for the 62 plate launch in September were much better than predicted. The news has been welcomed by leading Gap Insurance specialists, although the news was not as much of a surprise to GapInsurance123

Gap Insurance
Buoyant new car sales figures reflected in a record month for GapInsurance123

The team at Gap Insurance brand GapInsurance123 have welcomed the recently released new car sales figures for September 2012. The arrival of the 62 plate in the UK has seen higher registrations than predicted by the industry, and a significant increase from the same month a year ago.

The news has been welcomed by the team at GapInsurance123, although the result was not as much a surprise to them as it was to others, as a spokesperson for the brand explained.

"The level of new car 62 plate registrations has certainly been much higher than many anticipated. The figures released by the SMMT show that nearly 360,000 vehicles were registered in September, which is 26,000 more than the organisation predicted. *

Whilst this has come as a complete surprise to some, at GapInsurance123 we had an early indication that a good result may occur. Gap Insurance is a product almost inextricably linked to the sale of a motor vehicle. The month of September proved to be a record sales month for the GapInsurance123 brand also, and this was a strong indicator that new car sales were buoyant."

The spokesperson for the brand explained that customer feedback on the method of new car purchase also gave strong indications as to why many were persuaded to buy a new car.

"During the discussions the team have with prospective Gap Insurance purchasers it is inevitable that the method of vehicle purchase is discussed in depth. There is little doubt that both manufacturers and motor dealers have been proactive with discounted deals and subsidised finance offers in order to tempt customers.

Giving consumers the very best value is an approach we totally support, as the GapInsurance123 brand has recently recognised by Which magazine as providing the lowest premium prices in the UK for Gap protection."**

Whilst the financial climate may remain difficult, the results from different areas of the UK motor industry may demonstrate that consumer confidence is returning.

  • Reported by BBC News

** Report taken in Which?

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