Research: 1 in 4 plan to buy new car in 2020
RESEARCH has revealed that one in four drivers are considering the purchase of a new car in 2020, according to easytrip, Ireland’s only electronic parking and tolling tag provider.
This figure is up from one in five drivers in 2017.
For those who were contemplating a new vehicle, the preferred vehicle engine types in order of preference where highlighted as follows:
Hybrid - 36 per cent
Diesel - 34 per cent
Plug-in electric - 14 per cent Petrol - 13 per cent
When asked where the vehicle would be purchased, most respondents to the research (84 per cent) selected a car dealership. This was followed by a UK import for 11 per cent of respondents while three per cent selected a private sale.
For motorists selling or buying a vehicle during the 201-registration period, easytrip are reminding them to update their easytrip account details or sign up to an easytrip toll tag account to reduce the risk of incurring toll charges and penalty notices from motorway operators.
Commenting on the research, Colin Delaney, CEO of easytrip said, “Our research highlights that those considering a vehicle purchase has increased over the last three years. It also shows a preference in engine types with hybrid coming in ahead of diesel.
The easytrip findings roughly correspont with the January 2020 Carzone Report, which found that 39 per cent of respondents intend to buy a car in the next year and nearly a third change their car every two to three years.
The main reasons for purchasing a car is simply wanting a newer car, the need for a more reliable car or they require a larger car for a growing family.
However, the Carzone survey said 58 per cent of those surveyed drove diesels, more than a third (39 per cent) own a petrol-fuelled car, and only two per cent drive a hybrid or electric car - with 70 per cent saying they plan to buy an electric or hybrid car in the future.