Wednesday 29th February 2012
Be Wiser Insurance

Despite the general drop in the sales of new cars the high price of fuel is driving buyers to superminis and more fuel efficient cars new figures reveal.

The Society of Motor Manufacturers and Traders (SMMT) has lately reported that diesel and alternatively fuelled cars took a record market share of new car sales in recent months.

In addition, new cars are now more fuel efficient than ever; having improved by around 30% in the last ten years. The average car now achieves more than 52 miles per gallon; this is great news especially as the UK has some of the highest fuel prices in Europe.

With even steeper prices predicted many are considering trading in their family saloons for smaller and more energy-efficient models. Supermini sales - generally classified as between 1.0- and 1.4-litres - have steadily increased over the last five years and are now at just over 1% of total sales figures.

The fleet sales market has supported the unexpected market growth in new car sales as well as customer incentives.

The figures are confirmed by a recent survey that showed that almost a third of all car drivers said that they would consider downsizing if fuel prices continued to rise.

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