Car purchase website motoring.co.uk says the boost given to dealers in 2012 by the higher-than-anticipated surge in private retail looks to continue into 2013, according to the results of its survey of 2,380 consumers.

Of those polled, 38% are looking to change their car in the next 12 months, 16% in 2014, 18% in 2015, 9% in 2016, and 6% in 2017, with most budgets reported to be up to £10,000, and anticipated monthly payments of between £100 and £249.

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Another trend identified by the research, carried out on behalf of Automotive Management as part of the AM 2013 UK Franchised Dealer Report, was an increasing level of those open to buying a new, rather than used, car as the price of quality second-hand stock has risen throughout the year while finance options from manufacturers’ captive partners have made new vehicles more attainable.

Confidence in new

As predicted by a dealership survey carried out by Manheim at the turn of the year, used prices, throttled by stock limitation, have continued to climb, and a third of those respondents who said they had no intention to buy a new car in 2013 also agreed they kept an open mind whether to buy new or used, with many polled saying their decision was tied to price, MPG, reliability, insurance, tax and finance packages.

Motoring.co.uk also reported that of those who would use a franchised dealer to buy a car, half would choose the supplying dealer, while half would choose their nearest dealer.

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The results chime with the overall confidence in sales and finance felt in showrooms by a Motor Finance survey during the September registration plate change.

The £100-£249 monthly outlay also tallies with many of the offers announced recently by Mazda in its zero deposit and 0% APR range, as well as fourth-quarter deals from Citroën, SsangYong and Suzuki, or by Perodua through Close Motor Finance.

richard.brown@timetric.com