Sainsbury's Bank Car Buying Index

THE SAINSBURY'S BANK CAR BUYING INDEX September 2014 - March 2015 The Sainsbury's Bank Car Buying Index tracks consumers' car purchase intentions. 50% 40% 60% 30% 70% 23% of people are considering buying a car in the next six months* 20% 80% 10% 90% 0% 100% 13% 11% *Some figures have been rounded BRAND SECOND NEW HAND Average planned expenditure is £11,249 £15,921 £6,636 for new 40% for second hand cars cars 40% of those who are considering a car purchase will use a loan to finance some or all of the purchase, borrowing on average 23% of the total cost MOST COMMON TYPES OF LOANS FOR CAR BUYING UNSECURED PERSONAL сONTRACT PERSONAL CREDIT CARD LOAN PURCHASE HIRE PURCHASE 21% 20% 20% LEASING 18% 13% 3% OTHER WHAT THOSE CONSIDERING A CAR PURCHASE WILL LOOK FOR IN THEIR NEXT VEHICLE ROAD TAX 23% 22% 12% 12% A more family- friendly car A more fuel efficient car A hybrid or electric car A car with lower road tax REGIONAL CAR BUYING MAP % of people who are considering buying a car in the next six months 19% SCOTLAND 26% NORTH 27% EAST 18% NORTH WEST YORKSHIRE & THE HUMBER 16% 29% 22% EAST MIDLANDS 13% WEST MIDLANDS EASTERN WALES 32% 19% LONDON 22% SSUTH EAST SOUTH WEST Source: ICM Research Car Buying study, August, 2014 Sainsbury's Bank 自