Leading Insurance brand Easy Gap welcome buoyant new car sales figures in the UK, and say that the trend is set to continue into 2013

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The UK new vehicle registration figures showed a sharp increase above predicted levels. Leading insurance team at Easy Gap welcome the result and explain why they believe they have evidence the trend is set to continue into next year

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Easy Gap welcome the strong new car sales figures in October

Leading Gap Insurance provider Easy Gap has welcomed the release of the new car sales figures in the UK for October. It is reported by the Society of Motor Manufacturers and Traders that better than expected figures have been reached, which has been reflected in another strong month for the Easy Gap brand. A spokesperson for the company explained the positive reaction to the news and why the brand believes the trend will continue.

"In October alone the new car market in the UK has risen an impressive 12.1%*, countering the trend seen around the rest of Europe. This growth in percentages sees the total for the year compared to last year rise by 5%. It is predicted that November may see a decrease in sales compared to October but still be an increase compared to last year.

In every month but one there has been an increase in new car sales in the UK making it a an impressive year for the motor industry in spite of difficult financial landscapes. Along with the increase in the UK and the decline within Europe, the UK new car market is now officially the second largest in the continent, behind Germany.

As Easy Gap products are often sold in conjunction with new vehicle registrations, our team have seen a strong year in 2012. With new car sales on the rise, the rise in the purchase of Gap Insurance should coincide with the increase, and our brand can confirm this is the case."

The specialist team at Easy Gap have also seen a keen interest in products for vehicles that have not been purchased as yet. The spokesperson says the company believes this is a strong indicator that car sales will remain buoyant into 2013, and which models performed particularly well in October.

"At Easy Gap we believe that the increase in sales is not only positive for independent gap insurance retailers, but hopefully for the motor industry as a whole in the UK.

In terms of individual model performance ,the Ford Fiesta leads the way at the top of the new car sales league and outsold the next best car in the Vauxhall Corsa by nearly 30%. The VW Golf remained in the top five best seller even with the arrival of the new model imminent.

October 2012 – Best Sellers in the UK New Car Market *

1. Ford – Fiesta
2. Vauxhall – Corsa
3. Ford – Focus
4. Vauxhall – Astra
5. Volkswagen – Golf
6. BMW – 3 Series
7. Nissan – Qashqai
8. BMW – 1 Series
10. Volkswagen – Polo

Easy Gap are an independent Gap Insurance provider, allowing access for consumers to financial protection should a vehicle be written off as a total loss by a motor insurer. The brand was featured by Which Magazine in 2012 as one of the leading specialist brands in the field in 2012.

  • Reported by the SMMT and BBC News

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Tom Luetchford
Easy Gap
0800 195 4926
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