Budget conscious Brits choose cars based on price more than anything else

MANCHESTER, U.K. - Aug. 14, 2013 - PRLog -- With the new car registrations upon us next month and the sale of new vehicles rocketing*, online car finance specialist Carfinance247.co.uk carried out an independent study** to see what Joe Public looks for in a new or used car.

Their research shows that:

two-thirds (66%) of respondents say that affordability is the most important factor;
nearly half (46%) rate fuel efficiency as the second most important consideration;
nearly a third say the size of the vehicle is key to their choice (33%), as well as the cost of the car insurance (28%).

While both male and female motorists said that affordability and fuel efficiency are the two most important factors for choosing a car, third on the list for men is size (35% compared to 29% for lady drivers). Cost-conscious females, however, cite the cost of the insurance as being in the top three (32% vs 26%).

 

The three “least” important reasons for choosing a car are:

whether it has a digital radio (just 2% say it is important);
air conditioning (12%);
the colour (15%).

17% of respondents plan to buy a new or used vehicle within the next 6 months.

Ends

 

* Express and Star (http://www.expressandstar.com/business/city-news/2013/08/...) newspaper 06.08.13

**Independent research carried out in August 2013 on behalf of Carfinance247.co.uk by Usurv