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Pandemic drives surge of small car owners looking to sell for cash – Automotive Blog

Pandemic drives surge of small car owners looking to sell for cash – Automotive Blog

by admin
January 18, 2021
in Automative Reviews
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Drivers clambered to dump their small vehicles for money throughout 2020 because the pandemic brought on lockdowns throughout the UK. Promote My Automotive Direct, beforehand Southern Automotive Consumers, noticed greater than 1 / 4 of the vehicles supplied to the automotive shopping for service being made up of metropolis vehicles and superminis (27%). Add hatchbacks and the share rises to 40% (2,400 of 5,964), as drivers flocked to unload their superfluous second automobiles, or improve to bigger, extra sensible vehicles, throughout the pandemic.

Figures present the preferred supermini that drivers wished to promote for money was the Ford Fiesta, intently adopted by the Vauxhall Corsa and VW Polo. Within the hatchback class, house owners have been eager to commerce within the Ford Focus, VW Golf and Vauxhall Astra, with the BMW 1 Sequence and MINI Coopers excessive up on the listing too. Unsurprisingly, the makes which topped the supplied for gross sales chart have been the same old suspects of Ford, VW, Vauxhall, Mercedes-Benz and BMW.

Spencer Kent, Director of Promote My Automotive Direct, was pleasantly shocked with the quantity of vehicles supplied on the market by means of the automotive shopping for service, saying: “I feel all the automotive business apprehensive that the market would grind to a half when the primary lockdown first got here into place in March. Nevertheless it was evident immediately that the urge for food for buying and selling in vehicles was nonetheless excessive, which was a aid. We noticed enormous demand for drivers desirous to money in on surplus vehicles that have been sat on the driveway gathering mud.

We really feel a requirement for a fast money injection soared as folks used lockdown to make home and backyard enhancements as they have been compelled to spend increasingly time at dwelling. There was additionally a number of emphasis placed on household life and holidaying within the UK, which known as for a extra sensible household automotive slightly than a smaller automotive for commuting and jaunts round city. That explains why so many superminis and hatchbacks have been quoted for in 2020.” he added.



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Tags: AutomotiveBlogCarcashDrivesownersPandemicsellSmallSurge

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