by: John Kirwan
Dealers are gearing up for what is expected to be a record September plate-change for new car registrations.Registrations continue to be driven by a cocktail of attractive PCP and finance deals, low interest rates and strong trade in values for used cars.
Sales in September last year were up 12% to 403,136 units, easily outstripping the 394,806 recorded in the March plate month, traditionally the strongest of the two months.
September 2013 was also the biggest sales month since March 2008, when the market was being kept afloat by the government’s Scrappage Incentive Scheme.
In the year to July, the latest figures available, the market was running 10.1% ahead with 172,907 registrations.
july saw the 29th consecutive month of growth prompting the SMMT to forecast the biggest new car market in 10 years. The rate of growth in July had slowed to 6.6%, following the very strong first half.
The August registration figures are due to be published this week.
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Dealers gear up for record new car registrations in September
Dealers gear up for record new car registrations in September
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