RAC Cars News

#WeLoveCars

Recession and higher prices combine to put us off new cars

By raccars Published

The last few years have been tough, but aside from the financial issues, the latest figures regarding the state of the UK’s number of cars are in – and they show an interesting trend. According to the figures from the British Car Auctions (BCA), the age of the average car in the UK is now older than it was 25 years ago.

The reason is being blamed at the recession, which is putting us off buying new cars. The average age of cars on the road now sits at 7.44 years – which is a big jump from 6.93 years in 2008.

Whether or not this trend continues is unknown, but if the recession continues who’s to say it won’t?

Looking to Buy?
Search for cars