Is your car your pride and joy, or are you ready for a change? Let us know and you could win a £300 John Lewis voucher | No thanks

New car sales continue to rise

Published 06 November 2013

The Society of Motor Manufacturers and Traders (SMMT) has raised its forecast for 2013 after the new car market reported its 20th consecutive monthly increase.

New registrations rose four per cent in October, with 157,314 sales recorded. It’s now believed that the market will peak with 2.25 million registrations in 2013, an increase of 10 per cent on the previous year.

The SMMT believes the market will stabilise over the next two years and grow at one per cent per annum.

The Ford Fiesta was the biggest seller in October, closely followed by the Vauxhall Corsa and Focus. The private market continued to drive total volumes up, with a four per cent gain in October and 15.7% increase over year-to-date.

“With October new car registrations up we have now seen 20 consecutive months of growth," said Mike Hawes, SMMT Chief Executive.

"These sustained rises have been driven by robust private demand, a trend that has given us the confidence to raise our year-end forecast to 2.25 million units – 10 per cent ahead of last year. Looking ahead, we anticipate more moderate growth as the market stabilises.”


Best sellers October sales Best sellers 2013 sales
1 Fiesta 8574 1 Fiesta 104,621
2 Corsa 5155 2 Focus 76,493
3 Focus 5069 3 Corsa 72,903
4 Golf 4562 4 Astra 57,758
5 Astra 4420 5 Golf 56,357
6 Qashqai 3579 6 Qashqai 44,649
7 Juke 2997 7 3 Series 37,066
8 Insignia 2719 8 1 Series 36,529
9 500 2672 9 Polo 36,362
10 3 Series 2582 10 208 34,253



Add a comment


Ask Honest John

Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £8,930.17

Total cost of credit £1,430.17


48 monthly payments

Apply now

Representative example

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

CarFinance 247 Limited is acting as an independent credit broker

Universal Square, Devonshire Street North, Manchester, M12 6JH