It has been a diverse time for the car market in the UK with more cars sold in 2016 than in any other year. Figures released by the Society of Motor Manufacturers and Traders indicated that 2016 was the most popular year for the purchase of new cars and that the overall registrations of vehicles increased by 2%.
Indeed, the figures imply that more used cars than ever were sold, aided by consumer confidence, low-interest finance deals and the high quality of vehicles available on both the new and used car markets.
The UK car market remains one of the most diverse with 44 brands offering nearly 400 different model types in both the used and new car market. However, the Ford Fiesta remains the UK's most popular car choice of 2016. The Ford vehicle is still a huge favourite due to its high-quality performance and relatively low price. Finance options and second-hand purchased were the most popular ways to buy such a vehicle with 120,000 Fiestas registered in the last year alone. Indeed, 3,000 more Ford Fiestas were registered in 2016 than the second most popular car, the Vauxhall Corsa. What's more, almost three times the number of Ford Fiestas were registered in comparison to Audi A3s.
With more cars than ever sold in the last year and favourites like the Ford Fiesta expecting a new model this year, for many, 2017 could be the ideal time to buy a new vehicle. At Motor Market, our highly trained customer service team can advise you on what car is best for your needs and offer you insight and tailored support when purchasing a vehicle. We offer a broad range of used cars in the West Midlands and can also discuss the best finance packages that work for you. To find out how we can help, get in touch with us today.