Sales in cars have risen due to great finance deals and second-hand prices increasing, according to new figures by the Society of Motor Manufacturers and Traders (SMMT).
New car registrations were up by 14.8 per cent in April, compared to the same month in 2012, with car sales hitting the 163,357 mark. Furthermore, there were a third more cars sold in the month than in March 2013, and marks the best monthly performance since 2008. Industrial analysts have suggested that financial offers such as minimal deposits have been the cause of this trend.
SMMT interim chief executive Mike Baunton said: “The UK new car market continues to perform surprisingly strongly, with volumes again increasing in April. While the headline increase was up almost 15 per cent there were more sales days this year than last.”
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