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Predicted new and used cars sales to financially boost economy

According to a new report by Sainsbury’s Finance Car Buying Index, the amount of people who are planning to purchase a new or used car during the next six months will hit a three-year high.

According to a new report by Sainsbury’s Finance Car Buying Index, the amount of people who are planning to purchase a new or used car during the next six months will hit a three-year high.

The news comes as a welcome gift to the UK car industry, as a three-year high would represent the highest sales before the dreaded recession hit us in 2008. The survey reports that 7.68 million people are planning to buy their new car between September 2010 and February 2011.

Happily, the numbers represent a large jump of 49 per cent compared to the same period last year. The increased numbers should help our economy continue to grow and flourish, and it will also allow our UK manufacturers to sleep a little easier at night, too.

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