Survey Unveils that Two-Thirds of UK Car Buyers Plan to Downsize

According to a new survey conducted by Motorpoint, a UK car supermarket group, more than two-thirds of British car buyers (an estimated 20 million) say that they will be downsizing with their next purchase. The reason given for the shift by respondents to the Motorpoint survey is to save on running costs that include fuel consumption, emission related road taxes and the slower depreciation of smaller cars which will improve even further as demand increases. -Continued

Motorpoint managing director David Shelton said: “These figures show a potentially massive shift of over two thirds of the motoring population – about 20 million people – into smaller vehicles. It’s clear that the benefits of a smaller car are becoming more important as a whole range of economic and environmental considerations start to bite”