New car buyers change cars more regularly than ever before


New car buyers change cars more regularly than ever before

The Ford Fiesta remains the best-selling car in the UK

Some manufacturers are reporting average vehicle returns of 24 months; triggered by rise in finance deals

New car buyers are changing their cars more regularly than ever before due to the popularity of PCP finance deals, according to new data from automotive valuation firm Cap Hpi.

Some car manufacturers are reporting average returns of vehicles of 24 months along with a growing number of 18-month leases, while finance deals are predicted to be used more regularly on the used car market.

The new car market has seen a strong period of growth …read more

Source:: Autocar