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Car buyers turn to online solutions
- 11/04/2022
- Posted by: Alan Feldberg
- Category: News
New data shows the rapid growth of online vehicle purchases in the UK and across Europe. Automotive eCommerce company drivvn said a digital-first approach is increasingly being adopted for new models. The company saw the number of online stores it operates grow by 85% in the last 12 months, with a 38% increase in [...] -
Test drives double in March
- 07/04/2022
- Posted by: Alan Feldberg
- Category: News
New data shows the number of test drives completed in March doubled against the same month last year. According to lead management experts at iTrackLEADS, the test drive data was the only positive in a month that saw consumer demand dip with a 10.5% drop in overall enquiries and a 28% fall in sales. Delays in [...] -
Buyers go online for better deals
- 01/04/2022
- Posted by: Alan Feldberg
- Category: News
New research has found that the rise in used car prices and a lack of vehicle availability is pushing more than three-quarters of used buyers to consider shopping entirely online. What Car? surveyed 1,364 in-market buyers, of which 39.44% were in the market for a used car. It found that 62.64% have seen prices [...] -
Subscription could smooth EV uptake
- 23/03/2022
- Posted by: Alan Feldberg
- Category: News
Subscription models could help new car buyers who are hesitant about electric vehicles make the switch to the technology, according to the latest industry research by What Car?. A subscription model allows customers to obtain short-term leases on cars, with insurance, tax and other fees bundled into a single [...] -
Car finance makes strong start to 2022
- 14/03/2022
- Posted by: Alan Feldberg
- Category: News
New figures released by the Finance & Leasing Association (FLA) show that the consumer car finance market reported new business volumes up in January 2022 by 43% compared with the same month in 2021. The corresponding value of new business increased by 60% over the same period. In the 12 months to January [...] -
EV demand hits price barrier
- 09/03/2022
- Posted by: Alan Feldberg
- Category: News
AutoTrader has reported an unexpected decline in interest in electric vehicles on its website. Pure electric vehicles accounted for 11.6% of new car sales in 2021, up from 6.6% in 2020, but AutoTrader believes that the sky-high price of EVs could derail efforts to wean motorists off petrol and diesel [...] -
Fuel economy falls down wish list
- 04/02/2022
- Posted by: Alan Feldberg
- Category: News
Despite rising costs at the pumps, fuel economy is slipping down the list of priorities for used car buyers. According to analysts at BuyaCar, searches by MPG were almost 40% lower in January 2022 than they were in 2021. It notes that this is in line with research by parent company Autovia, which closely tracks the [...] -
Drivers favour 50 shades of grey
- 02/02/2022
- Posted by: Alan Feldberg
- Category: News
Grey remains the most popular colour of new cars sold in the UK. According to figures published by the Society of Motor Manufacturers and Traders (SMMT), 408,155 grey cars were sold last year, up 2.8% and accounting for a quarter (24.8%) of the market. Black, the most popular car paint in Britain from 2009 to [...] -
Car buyers give dealers the all-clear
- 21/01/2022
- Posted by: Alan Feldberg
- Category: News
More than three-quarters of in-market buyers are set to visit a showroom in the next three months, with the overwhelming majority confident dealerships are run in a Covid-safe manner. This is according to new research by What Car?, which surveyed 1,403 in-market buyers and found 76% are looking to visit a showroom [...] -
Customers hacked off with the haggle hassle
- 05/01/2022
- Posted by: Alan Feldberg
- Category: News
Manufacturers moving to an agency sales model without haggling could see a significant increase in online retail. This is according to research by What Car?, which analysed feedback from 1,310 in-market buyers. It found that 65% said they would be more likely to buy their next car online if the manufacturer [...]