A survey of UK motorists by vehicle
remarketers British Car Auctions (BCA) has found the cost of fuel
to be the biggest concern for 60% of motorists polled, increasing
the demand for more economical cars.

Despite the extended delay to imposing a 3p
increase in fuel duty by Chancellor George Osborne and the recent
drop in global oil prices, 63% of those drivers surveyed by BCA
said they have cut back on using their car in the past year due to
the increased cost of fuel.

Company spokesperson Tim Naylor added the poll
revealed prevalent habits in car choices: “At BCA, we have seen
increased demand for smaller, more fuel-efficient vehicles, as UK
households look to cut their motoring costs and consequently values
have tended to rise for these more economical cars”.

The survey of 817 motorists also found 94% of
respondents drive their own car, 73% every day, but 18% are driving
a car between seven and 10 years old.

richard.brown@vrlfinancialnews.com

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.