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      10-13-2019, 06:15 AM   #23
robbiep
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Quote:
Originally Posted by Broncho View Post
https://www.google.co.uk/amp/s/uk.motor1.com/news/353737/91-percent-cars-financed-year/amp/
That's private purchase, as it says on the very first line of the article.

Come on, at least try to read an article to check if it supports a theory, before posting it.

We are looking at total new car sales, and percentage on lease / finance.
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      10-13-2019, 06:57 AM   #24
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Quote:
Originally Posted by robbiep View Post
That's private purchase, as it says on the very first line of the article.

Come on, at least try to read an article to check if it supports a theory, before posting it.

We are looking at total new car sales, and percentage on lease / finance.
Better than your f*g packet maths with “incomplete figures”

Last edited by Broncho; 10-13-2019 at 07:07 AM..
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      10-13-2019, 07:29 AM   #25
robbiep
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Originally Posted by Broncho View Post
Better than your f*g packet maths with “incomplete figures”
Congratulations. So you can actually read.

I did wonder.

Anyway, getting back on topic, anybody who can actually read an article before shooting their gob off got any better figures than mine ?
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      10-13-2019, 07:33 AM   #26
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Quote:
Originally Posted by robbiep View Post
Congratulations. So you can actually read.

I did wonder.

Anyway, getting back on topic, anybody who can actually read an article before shooting their gob off got any better figures than mine ?
Ha ha you’re so easy
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      10-14-2019, 06:59 AM   #27
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Quote:
Originally Posted by robbiep View Post
Actually, it appears not.

First : I'm going off incomplete figures here, so they may be wrong.

But, go off this, from April 2017 (figures covering 12 months to end March 2017) : https://uk.reuters.com/article/uk-br...-idUKKBN1882AX

The total number of new cars sold using finance rose 4 percent to 1.05 million vehicles with an 8 percent increase in used car sales on credit to 1.27 million.

So according to that, 1.05 million new cars 'sold using finance' (which includes leasing).

Compare that to this, total new car sales for 2017 : https://www.smmt.co.uk/2018/01/uk-ne...hest-10-years/

Which states that, for the actual calendar year of 2017, there were 2.54 million new cars registered (yes, I know some will have been pre-reg'd to make up numbers)

So going from that, approximately 40% of new car sales are on finance / lease.

If anyone has more accurate figures, feel free. I'll be happy being corrected, the numbers have come as a surprise to me too.
You've blown my mind with that Robbie, but I'm not buying it...
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      10-14-2019, 07:38 AM   #28
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Quote:
Originally Posted by robbiep View Post
Actually, it appears not.

First : I'm going off incomplete figures here, so they may be wrong.

But, go off this, from April 2017 (figures covering 12 months to end March 2017) : https://uk.reuters.com/article/uk-br...-idUKKBN1882AX

The total number of new cars sold using finance rose 4 percent to 1.05 million vehicles with an 8 percent increase in used car sales on credit to 1.27 million.

So according to that, 1.05 million new cars 'sold using finance' (which includes leasing).

Compare that to this, total new car sales for 2017 : https://www.smmt.co.uk/2018/01/uk-ne...hest-10-years/

Which states that, for the actual calendar year of 2017, there were 2.54 million new cars registered (yes, I know some will have been pre-reg'd to make up numbers)

So going from that, approximately 40% of new car sales are on finance / lease.

If anyone has more accurate figures, feel free. I'll be happy being corrected, the numbers have come as a surprise to me too.
The 2.54 includes fleet. The total for private sales is roughly equivalent between the two articles, and the vast majority of private sales were financed (86%, as per the Reuters article). Not sure if you were making the point about all sales or private sales?
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