Tag Archives: car sales

Will 20% of car sales be online only in the next few years?

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The Internet is said to be bringing new changes every day with more and more people using the web for purchasing goods online. Nowadays, the trust in buying goods online is always increasing and its said that in the next 3-5 years, people will have the confidence to buy cars online.

Obviously there will have to be a lot of information on the car held on the website for people to fully trust the seller. This could include reviews, best prices, videos of the vehicle, pictures and insurance information. The only reason people will not buy online is because they haven’t test driven the vehicle. In my personal opinion, I believe the only thing holding back car sales online is the lack of the option to test drive the vehicle, at which point the buyer could then speak face to face with an advisor and then decide on purchasing the vehicle. Even though the Internet is making purchasing goods a easier, straight forward process, I don’t believe it will account for any more than 20% of sales.

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12 MILLION cars in 11 months!

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Its a new record for China! They have never made more than 10 million cars in a year but this time they have smashed the record and its not even the end of the year yet! Predictions are that the final figure for cars manufactured is 13 million.

There could be many reasons why a sudden burst of manufactured cars and sales has happened this year but there has been a drop in tax price for smaller cars. Like the UK, China have introduced a scheme whereby people can trade in their old cars for discount on newer cars.

Fancy a new car for Xmas? These people do…

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New car sales in November have gone way up by more than 50%, quite clearly these people are feeling like treating themselves this Christmas! One temptation may be that the uk government scrappage scheme is still going strong offering massive discounts on new cars in exchange for old ones. Who knows whether these increase of sales is because of Christmas or the scrappage scheme with things coming to an end early next year, it’s not likely it’ll continue. Good news for insurance companies who must be getting lots of new business from the increase in car sales.