The UK’s decision to leave the European Union has had very little effect on people’s willingness to buy cars, according to Motors.co.uk.

The online car retailer’s ‘2016 Car Buyer Survey’ found that just 3% of people have been discouraged from buying a car due to Brexit.

Of the 270 respondents, only one in ten said Brexit affected the timing of their next car purchase, and 4% said the result had made them worried about being able to meet car finance payments.

Dermot Kelleher, director of marketing and business intelligence at Motors.co.uk, suggested that that the results of the survey showed what truly underlined purchasing decisions.

Kelleher said: “We are delighted to see that the prospect of Britain leaving the EU has not hindered the nation’s attitude to buying cars and this is great news for our dealers.

“The survey has underlined that consumers are primarily looking for value for their money and are ready to make a purchase if it’s a good deal for them.”

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