How 41pc plan on buying a car in next 12 months
Published 10/08/2016 | 02:30
More than two-in-five people (41pc) are 'likely' to buy a car - used or new - in the next 12 months, according to latest research.
Half of them are planning to use their savings to finance the purchase. That compares with just over a quarter who say they will take out a loan from their credit union.
The authors of the new survey have even worked out how much the intending buyers will spend on average. It comes to €11,394.
But, as you would expect, they intend to spend a lot more than that on a new car - €19,726 to be precise. The figure for their proposed used-car purchase is €7,645.
The survey highlights the factors that influence what a person buys.
It found the most influential element in their decision was the brand/make of the vehicle.
Predictably, this was closely followed by price (19pc). This strongly suggests that people put a car's name/reputation before anything else.
Of the factors which were deemed to be among the least important were emissions (5pc) and colour (4pc).
The survey was carried out for DoneDeal.