Over three-quarters (80%) of automotive consumers say they secured both a great or nice deal on their used automotive regardless of the typical itemizing value 37% above pre-pandemic ranges at £19,254.

The survey by on-line automotive market CarGurus which surveyed over 1,500 latest automotive consumers discovered {that a} quarter (24%) of consumers reported getting an incredible deal whereas 56% felt they acquired a great deal on their used automotive buy.

The annual CarGurus UK Client Insights Survey, which examines British automotive shopping for and promoting habits, additionally discovered that fewer than 1% of consumers felt they acquired a lower than truthful deal.

Key causes for consumers feeling they acquired an incredible deal embody the benefit of course of (38%), further advantages (26%), and value in comparison with preliminary funds (26%).

CarGurus analysis additionally discovered that UK motorists more and more need extra digitalisation of the shopping for course of with 58% (up from 49% a 12 months prior) reporting they’re open to finishing a automotive buy fully on-line. Equally, 71% of consumers (up from 61% in 2022) cited a choice to deal with extra of the automotive shopping for course of from residence. 

The highest most well-liked on-line actions embody negotiating the worth (43%); finishing the transaction, cost, and paperwork (41%); arranging financing (37%); and initiating and finishing an element alternate (30%). Three-in-four consumers/sellers additionally reported being open to promoting their car fully on-line, with 36% finally promoting to a web based website in contrast with 39% working with a vendor.

Amanda Symonds, managing director for CarGurus UK, mentioned: “The analysis is emphatic: UK consumers really feel they’re nonetheless getting a great deal though costs and choice of stock proceed to stay difficult. It’s clear that shopper need for better comfort and management is driving this outlook, with respondents citing the benefit of the shopping for course of as the highest purpose for satisfaction. This factors to an enduring shift in shopper expectations as 71% of consumers reported a need to deal with extra of the automotive shopping for course of from residence for his or her subsequent buy, up from 61% final 12 months, and greater than half being open to purchasing solely on-line.”