The falling value of the pound has boosted the volume of UK-advertised cars being purchased from European customers, according to

Since the UK’s referendum on EU membership on 23 June, the pound has fallen from €1.30 to €1.11 at the time of writing.

The online car retailer stated that since the descent began, traffic from European countries with right-hand drive increased significantly. said that searches from Ireland had risen 151% year on year in October, compared to just 18% for the UK. Visits to the site from Cyprus and Malta rose 117% and 43% respectively for the same period. stated that the Irish results mirror the effect on the high street, in which Northern Ireland has reported received a boost in consumers crossing the border from the Republic to shop, with one shopping centre reporting a 65% increase.

Dermot Kelleher, director of marketing and business intelligence at said: “It stands to reason that the savings on even more expensive goods such as cars could be even greater – encouraging more European consumers to spend in the UK.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Although not our core audience, it is clear from our data that there is an increased dealer opportunity within other right-hand drive European markets.”