UK buyers shun new cars as cost-of-living crisis bites | Autocar

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UK buyers shun new cars as cost-of-living crisis bites | Autocar
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Electrified Volvo sales rise but overall volumes dip

The What Car? study also showed that of the 1232 buyers, 36.61% had chosen to delay their purchases because of the cost-of-living crisis. Of those, 48.45% had pushed back their purchase by more than three months, and 24.11% chose to delay until 2023.

Just 38.46% of buyers said they were looking to buy a new car, with 34.01% seeking a used model. The remaining 27.53% suggested they were still undecided about whether to buy new or used.

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