New car sales were up 12.1% compared to September last year, according to the latest figures from the Society of Motor Manufacturers and Traders. Private registrations have risen 16.7% over the year-to-date, helping the overall market rise 10.8%.
“It is positive to see that the new car market has continued to remain strong during September and the successful plate change reflects growing economic confidence”, said Sue Robinson, Director of National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers across the UK
“It brings great news that the 63-plate change this month is the best-performing month since March 2008. The market remains significantly high with increased footfall and interest from consumers which show that the sector is stable and growing.
“Strong finance packages which allow consumers to budget for monthly payments and dealership incentives have fuelled demand and customers are continuing to opt for smaller, fuel efficient models. We are encouraged that the growth and stability of the market shown by the latest plate change will continue into 2014”.