The majority of car owners (76%) buy their car from a car showroom, rising to 86% of over 66s, compared to just 58% of under 34s. The survey of 2,000 UK drivers, commissioned by InsuretheGap.com, a leading supplier of GAP Insurance (Guaranteed Asset Protection) for new and second-hand cars, finds that drivers, who prefer to buy from showrooms, do so … [Read more...]
Car sales are rising but beware of finance costs
More than half of UK drivers (51%) are intending to buy a new or used car in the next six months, now that showrooms have re-opened and travel curbs are lifting said comparethemarket.com. Drivers are set to spend an average of £15,042 on these cars, with 39% planning to buy either an electric or hybrid vehicle. The main reasons that drivers cite for … [Read more...]
