2015 could be record-breaking year for car sales

Online activity has shown that 2015 could potentially be yet another record-breaking year for car sales, according to motoring magazine What Car?

After having analysed the online behaviour of potential car buyers, What Car? says that after the standout year for sales last year, 2015 could be on track to beat the record 2.48 million new cars sold in 2014.

As well as that, official figures released today from the Society of Motor Manufacturers and Traders have shown that more new cars have been sold this year to date than the same period last year.

241,814 cars registered this year so far

Last year, 223,298 cars were sold to date whereas a total of 241,814 have been sold so far in 2015, with 76,958 new cars registered last month alone, a 12 per cent growth over February last year.

The arrival of the new ‘15’ registration plate last year could also boost buying activity, meaning that the next couple of months could be the busiest ever, possibly in living memory.

Jim Holder, What Car? editor, said: “Car sales reached a 10-year high in 2014, but our figures suggest 2015 could be stronger still.

“There’s no doubt a more stable economy and low interest rates are driving sales, but manufacturers are building vehicles that are better than ever in terms of quality, safety and practicality.”

He added: “For dealers, we are now delivering more leasing leads than ever, with conversion rates up 8% year-on-year.

“What Car? also continues to funnel large numbers of test drive and valuation leads, helping to boost dealer revenues.”

This follows on from data released earlier this week from consumer experts Honest John, who said that this month could be the best time in years to buy a brand new car or van.

March ‘best time in years’ to buy a car

Typically, March is when motorists buy the most new cars on average, and a fifth of all the new cars sold in the UK throughout the year were bought in March – 464,824 in total.

However, thanks to record low interest rates on finance, low fuel prices and a huge variety of new car models, the market is now at the best point it’s been for buyers since the recession.

Daniel Powell, managing editor of HonestJohn.co.uk, said: “With lower borrowing costs, lower fuel costs and more new models than ever before, March is the best time to buy a new car.”

If you’re in the market for a brand new car, why not check out our website to see the full range of vehicles we have available, or get in touch with your local Perrys dealership today.