Practically half of consumers plan to buy a automotive earlier than the tip of 2025

Practically half of automotive consumers count on to make a purchase order earlier than the tip of the 12 months, whereas most desire to promote their present automotive to a seller and are prepared to journey as much as 50 miles to search out the appropriate automotive.

These are among the many findings of the newest Motors Shopper Perception Panel, independently researched by Perception Benefit, which has polled the views of two,000 automotive shopping for determination makers.

The examine discovered 47% want to purchase inside the subsequent 12 months, a rise on the 40% who deliberate to take action when final requested in September, with an additional 17% presently looking or planning to purchase earlier than the tip of March.

Over 1 / 4 (27%) count on to purchase inside the first half of the 12 months.

Long run shopping for plans are additionally in place with 24% anticipating to purchase in 2026 and 12% in 2027.

Patrons almost certainly to buy a automotive inside 12 months are males (52%), 25-34 year-olds (58%) and people with family incomes over £60,000 (52%).

Most consumers (52%) say they like to promote their present automotive to a seller, adopted by personal gross sales (23%) and specialist automotive shopping for companies (12%).

The Shopper Perception Panel additionally recognized that on common consumers are ready to journey between 40 and 50 miles to search out the appropriate automotive on the proper worth.

Males usually tend to journey additional (47 miles) than girls (40 miles).

Patrons dwelling in Scotland and the south west of England are ready to journey the furthest at 50 miles.

Relating to selecting makes and fashions, consumers are principally influenced by suggestions from household and buddies (39%) and automotive search web sites (38%).

Lucy Tugby, advertising and marketing director of Motors, mentioned: “Our first Shopper Perception Panel of 2025 reveals the urge for food amongst determination makers to purchase their subsequent automotive inside 12 months is stronger than it was final 12 months.

“Whether or not this displays elevated client confidence stays to be seen, however following an prolonged interval of financial uncertainty, that is constructive information for sellers making stocking selections.

“The analysis additionally highlights the significance of pricing to market as consumers are ready to journey a median of 44 miles to buy a automotive they’ve seen on-line at a worth they’re ready to pay.

“Sellers play a key position within the shopping for and promoting course of, remaining the primary port of name for house owners when promoting their present vehicles, highlighting the significance of providing aggressive trade-in values to safe purchases and entry used automotive inventory.”