Quantcast
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 UK car registrations hit 13 year high in April

Published 06 May 2016

New car registrations grew two per cent in April, according to the latest data from the Society of Motor Manufacturers and Traders (SMMT). Almost 189,505 cars were registered in April, the most for the month since 2003 when 194,312 vehicles were sold.

Registrations of petrol cars continued to increase, up 3.4 per cent, while diesel cars saw a slight 0.6 per cent decline. As a result petrol powertrains are now responsible for 49.1 per cent of all cars sold in the UK, with diesel trailing at 47.6 per cent.

Electric car sales enjoyed a 26.8 per cent rise in registrations, but make up just 3.4 per cent of all new car sale, with fewer than 6500 vehicles registered in April. In comparison some 90,000 petrol cars were registered over the same month. 

Mike Hawes chief executive of the SMMTH said: “Consumer confidence remains high as buyers continue to capitalise on attractive finance deals, although this could be affected by political and economic uncertainty in the coming months.”

Thinking of buying a new car in May? Save thousands with our round-up of the best new car deals in the UK

Comments

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 £9,304.93

Total cost of credit £1,804.93

£155.08

60 monthly payments

Apply now

Representative example

The Representative APR is 13.2% (fixed) so if you borrow £7,500 over 4 years at a rate of 13.2% p.a (fixed) you will repay £199.21 per month and repay £9562.20 in total.