Affordability is the most important factor when looking to purchase a new or used vehicle, according to a recent survey for online car finance provider Car Finance 247.
Two-thirds (66%) of survey respondents said affordability is the most important factor when deciding on the purchase of their next car; 46% rated fuel efficiency as the second most important consideration and the next two critical factors were the size of the vehicle and the cost of the car insurance.
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Female drivers, who in 2012 preferred using finance to purchasing a car, put the cost of the insurance in the top three.
Just over one-sixth (17%) of survey respondents said that they plan to buy a new or used vehicle within the next six months.
A survey for Car Finance 247 in April found approximately one in five people would buy a celebrity’s used car.
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