{"id":4137,"date":"2016-11-23T12:30:43","date_gmt":"2016-11-23T12:30:43","guid":{"rendered":"https:\/\/dev.lnetdev.uk\/thevra2026\/?p=4137"},"modified":"2016-11-23T12:30:43","modified_gmt":"2016-11-23T12:30:43","slug":"britains-used-car-market-motors-record-levels-q3-2-1-million-vehicles-change-hands","status":"publish","type":"post","link":"https:\/\/dev.lnetdev.uk\/thevra2026\/britains-used-car-market-motors-record-levels-q3-2-1-million-vehicles-change-hands\/","title":{"rendered":"Britain\u2019s used car market motors to record levels in Q3 as 2.1 million vehicles change hands"},"content":{"rendered":"<ul>\n<li>More than 2.1 million used cars sold in Q3 \u2013 a record for the period July-September.<\/li>\n<li>Demand for alternatively fuelled vehicles climbs 34.1%, with sales of electric cars surging 94.1%.<\/li>\n<li>6.3 million\u00a0used\u00a0cars change hands in the year-to-date \u2013 up 7.9% on the same period in 2015.<\/li>\n<\/ul>\n<p><strong>Thursday 17 November 2016<\/strong>\u00a0Growth in the used car market continued in the third quarter of 2016 as UK buyers snapped up a record 2,148,050 vehicles, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). Demand\u00a0grew 7.9% compared with Q3\u00a02015.<\/p>\n<p>Consumer appetite for alternatively fuelled vehicles rose substantially \u2013 increasing 34.1%\u00a0(21,543)\u00a0compared with the same period in 2015\u00a0(16,059). The number of electric vehicles changing hands\u00a0grew 94.1% between July and September as used buyers made the most of new fuel technology appearing in the used sector.<\/p>\n<p>Diesel and petrol fuelled vehicles also enjoyed growth \u2013 up 10.8% and 5.7% respectively\u00a0\u2013 as\u00a0used car buyersbegin\u00a0to benefit from the latest, low emission Euro\u00a06 models\u00a0now entering\u00a0the used market in increasing numbers. Meanwhile, the trend towards smaller cars continued, with\u00a0superminis\u00a0the best-selling body type (33.8%) followed by family hatchbacks (27.4%) and saloons (13.4%).<\/p>\n<p>Buyers in the South East bought the most used cars in the quarter\u00a0(14.9%), followed by those in the North West (10.6%) and the East (9.8%). Nationally, the Ford Fiesta retained its position as the most popular model, followed by the Ford Focus and Vauxhall\u00a0Corsa,\u00a0while\u00a0cars aged 1-3 years old were most sought after, followed by those first registered 7-10 years ago. More than 60% of all used cars were bought in silver, black and blue, which remained top of buyers\u2019 colour charts for a second year in a row.<\/p>\n<p><strong>Mike Hawes, SMMT Chief Executive\u00a0<\/strong>said, \u201cSustained growth in the used car sector is great news for consumers, who have never enjoyed so much choice\u00a0\u2013\u00a0whether in brand, body style\u00a0or\u00a0fuel type\u00a0and the range of finance packages on offer makes them more affordable than ever. It\u2019s particularly\u00a0promising\u00a0to see the growing demand for\u00a0electric\u00a0vehicles filter into the used\u00a0car market but to\u00a0encourage greater take-up, a\u00a0more widespread\u00a0commitment\u00a0to\u00a0charging infrastructure is needed.\u201d<\/p>\n<p><strong>Q3 and year-to-date used car sales by fuel type<\/strong><\/p>\n<table width=\"547\">\n<tbody>\n<tr>\n<td width=\"37\"><\/td>\n<td width=\"53\"><strong>Q3 2016<\/strong><\/td>\n<td width=\"53\"><strong>Q3 2015<\/strong><\/td>\n<td width=\"56\"><strong>% change<\/strong><\/td>\n<td width=\"95\"><strong>Year-to-date 2016<\/strong><\/td>\n<td width=\"95\"><strong>Year-to-date 2015<\/strong><\/td>\n<td width=\"56\"><strong>% change<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"37\"><strong>AFV<\/strong><\/td>\n<td width=\"53\">21,543<\/td>\n<td width=\"53\">16,059<\/td>\n<td width=\"56\">34.1%<\/td>\n<td width=\"95\">59,381<\/td>\n<td width=\"95\">44,779<\/td>\n<td width=\"56\">32.6%<\/td>\n<\/tr>\n<tr>\n<td width=\"37\"><strong>Diesel<\/strong><\/td>\n<td width=\"53\">836,304<\/td>\n<td width=\"53\">754,677<\/td>\n<td width=\"56\">10.8%<\/td>\n<td width=\"95\">2,465,227<\/td>\n<td width=\"95\">2,213,958<\/td>\n<td width=\"56\">11.3%<\/td>\n<\/tr>\n<tr>\n<td width=\"37\"><strong>Petrol<\/strong><\/td>\n<td width=\"53\">1,290,203<\/td>\n<td width=\"53\">1,220,415<\/td>\n<td width=\"56\">5.7%<\/td>\n<td width=\"95\">3,804,484<\/td>\n<td width=\"95\">3,608,638<\/td>\n<td width=\"56\">5.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>About SMMT and the UK automotive industry<\/strong><\/p>\n<p>The Society of Motor Manufacturers and Traders (SMMT) is one of the largest and most influential trade associations in the UK. It supports the interests of the UK automotive industry at home and abroad, promoting a united position to government, stakeholders and the media.<\/p>\n<p>The automotive industry is a vital part of the UK economy accounting for more than\u00a0<strong>\u00a371.6 billion turnover<\/strong>\u00a0and\u00a0<strong>\u00a318.9 billion value added<\/strong>. With some\u00a0<strong>169,000\u00a0<\/strong>people employed directly in manufacturing and\u00a0<strong>814,000<\/strong>\u00a0across the wider automotive industry, it accounts for<strong>12.0% of total UK export of goods<\/strong>\u00a0and invests\u00a0<strong>\u00a32.5 billion<\/strong>\u00a0each year in automotive R&amp;D. More than\u00a0<strong>30 manufacturers<\/strong>\u00a0build in excess of\u00a0<strong>70 models<\/strong>\u00a0of vehicle in the UK supported by more than\u00a0<strong>2,000 component providers<\/strong>\u00a0and some of the world&#8217;s most\u00a0<strong>skilled engineers<\/strong>.<\/p>\n<p>More detail on UK automotive available in SMMT&#8217;s Motor Industry Facts 2016 publication at\u00a0<a href=\"http:\/\/email.prnewswire.com\/wf\/click?upn=TwIh0OIjG8BOSB67uKqqj4JKjf8Ixwo3ykQCDQkk4hdzuTzPUw5VE-2FmJxrfPGwC8_kldlnGo8iIBupV2vXwULGIjFfl-2BK-2F1goQUDn4MJ1XHPVwz3Tc3EspOz4IcTW1I923qn8dKuVTyOGpqt25uZvjbdRB30VBmJSPfCXF7XYLG-2FKJqxVZv57LxruoU3WZvIlg8HvL1XgTYqdLPLsFdGoulIth5OSFrFuyrYHFZxL80eiYcOoduzFEl14-2BqqMiAEVSnnPnBiLlwo4fMdIEOHyV-2FqFxRYRpJnxNGbOjn7w9dVuSFFdymW-2FGfwMrO7PUKGHPdsrFp-2Bpgg2g0M3muvHBJbVcCGdZ2psPIr-2BzTn-2FXIh4J5VlJwZzJlz3haiqa1W34w7PZoT77KdFe-2FQwji6HHyzHzC4aD9zZupSBYWLWowgk-3D\" class=\"broken_link\">www.smmt.co.uk\/facts16<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than 2.1 million used cars sold in Q3 \u2013 <a class=\"moretag btn btn-primary\" href=\"https:\/\/dev.lnetdev.uk\/thevra2026\/britains-used-car-market-motors-record-levels-q3-2-1-million-vehicles-change-hands\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":4,"featured_media":345,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37],"tags":[35,259],"class_list":["post-4137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-smmt","tag-used-car-market"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/4137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/comments?post=4137"}],"version-history":[{"count":0,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/4137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/media\/345"}],"wp:attachment":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/media?parent=4137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/categories?post=4137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/tags?post=4137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}