Statistics from the BCA 2012 Used Car Market Report show
consumers are increasingly looking for cars that are cheaper to buy
and cheaper to run.
The survey, involving interviews with 4,000 UK
adults, found that 53% of respondents said escalating fuel costs
will either lead them to buy a more efficient vehicle or change how
they drive, or both.
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The research showed that 90% of motorists
intended to change the type of vehicle they bought next time, with
27% aiming for better fuel consumption and 20% wanting lower road
tax. Best purchase price and lower CO2 were also important
factors.
More motorists were looking to downsize their
car, with 14% looking for a smaller model compared to just 2%
wanting a bigger model.
Tim Naylor, editor of the report, said: “The
squeeze on household spending means motorists are looking at
different ways of managing their travel costs. Some are deciding to
choose slightly older, cheaper cars when they change their vehicle.
Others are looking for more economical cars that deliver a better
MPG as they try to combat rising fuel costs.”
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By GlobalData
