Why People Still Buy Cars

| September 10, 2012
Why People Still Buy Cars

Why People Still Buy Cars

As global financial problems continue to strain household budgets, it’s a wonder that anyone has space to accommodate a large-scale investment in the form of a car or house. The fact is that people still are, but how and why is this so?
High sales figures are still very much evident around the world despite the tough economical climate. Meanwhile, emerging trends also show that the demand is very much in luxury vehicles, meaning that companies who can offer car loans and finance options – allowing motorists to pay for a used vehicle in installments – have become all the more relevant in the modern car market.

On another note, there’s also the increased range of as-new vehicles becoming available. The choice used to be between a pricey, factory fresh vehicle and a clapped out alternative. There’s now a solution which can meet the buyer halfway, which is why the used market is currently thriving.

However, excusing the pun, those staying loyal to their car might wonder exactly what’s driving motorists to seek a newer form of transport in such a tough economical climate. Well, listed below are factors likely to play a part in their decision.

Fuel economy

Just occasionally, to save money, you have to spend money. In recent years manufacturers have put a concerted effort into developing technology that reduces the cost of driving and contributes positively to the environment. This means that newer cars will often manage more miles to the gallon and emit less carbon than their predecessors. With petrol prices continuing to rise, an improved fuel economy is a plus point for potential buyers.

Technology

Newer models can also boast the latest technology

Newer models can also boast the latest technology

Newer models can also boast the latest technology on one dashboard. Removing phone chargers, sat navs and entire cases’ worth of CDs to deter thieves is one of the down sides to owning an aged vehicle. Productions like the Land Rover Freelander and Volkswagen Tiguan, on the other hand, boast user-friendly infotainment systems, which allow mp3 playback and  provide navigation features through a touch-screen interface – all in the aid of improving the driving experience.

A personality match

A car usually says a great deal about its owner. Students can usually be found travelling from A to B in their modest Vauxhall Corsas or Renault Clios, while flashy Bentleys, Jaguars and Ferraris are popular amongst footballers looking to stand out from the crowd. When their situation changes however, they might be inclined to switch up their transport as well.

For example, those welcoming new family members into their vehicles are likely to begin a search for a people carrier, or a new company director might feel the need to make an impression in the form of an upgrade. A car has to speak for the driver when they pass by.

Change of driving

It’s great to finally get used to a car and appreciate its focal points, but this affection doesn’t tend to last longer than two years. Driving the same vehicle twice a day suddenly becomes a chore and a new option is needed to inject a bit of life back into the morning travel.

A car doesn’t necessarily have to boast more horse power or a higher top speed to be viewed as an attractive investment. It simply has to offer small changes in the way it handles and guides itself around corners. These alone are sometimes enough to sway potential buyers.

About Author:
Jack Anderson is associated with Car finance industry for long time. He provides car loan related advices to the buyers who have bad credit score, have no credit score and are self-employed. You can find more of his published articles online which he writes to help car buyers on a regular basis. Jack suggests his readers to visit 123CarFinance to know about car finance services available in the UK.

Why People Still Buy Cars

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