Should You Buy A Car During Lockdown 2?

Can you buy a car in lockdown? Should you? Should you wait? Will prices go up?

In the first lockdown I correctly predicted that there would be a car sales boom, particularly for used cars, post-lockdown, due to pent-up demand, but more crucially in light of research and data that indicated more people wanted to have their own cars and avoid using public transport due to fears over COVID 19.

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What is going on with the UK’s used car market?

Whilst most areas of the economy are suffering, the used car market is buoyant

The second quarter sales of used cars in the UK is down 48.9% – almost half compared to last year with only 1m cars sold – this is according to SMMT (Society of Motor Manufacturers and Traders). Having said that the overall decline for the year is 28.7% – that’s 2.9m sold compared to about 4m by this time last year.

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Pickups & SUVs dominate US market

Sales of SUVs and pickups increase massively over past decade squeezing out saloons and hatchbacks

This shouldn’t really come as a surprise, but sales of trucks and SUVs have massively increased in United States of America over the past 10 years, whilst market share for saloons and hatchbacks has been dramatically shrunk. No wonder Ford of US is switching over entirely to SUVs (apart from Mustang – the world’s best-selling sportscar).

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Top 3 cars to buy this weekend

Friday Fantasy Car Shopping – here’s my top picks for this week

It’s freezing outside, the worst time to be going out car buying right? Well actually it’s the best time to be getting bargains. But the wonders of the internet mean I’m doing my Friday Fantasy shopping snuggled up in my dressing gown.

And here’s three cars I found that I would be sorely tempted to go out and put hard-earned on.

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