Millennials are the most likely car buying age group to have their purchase effected by the uncertainty surrounding Brexit, with many opting for cheaper used cars
Consumers’ preference between new and used cars is neck and neck as Britain Under the Bonnet report shows a 1% difference.
Dealers have been advised to keep ahead of the curve when it comes to developments in autonomous vehicles as a result of insight gained from Close Brothers Motor Finance's Britain Under the Bonnet report.
Over a third (35%) of Brits are likely to postpone or avoid buying a car altogether due to economic certainty, according to Close Brothers Motor Finance.
The number of UK drivers considering EV ownership has doubled in the past year according to Close Brothers Motor Finance's Britain Under the Bonnet report.
Car dealers are still the first port of call for drivers wanting expert advice on their next vehicle.