Trends: Vauxhall Dominate The Top 10 Most Popular Non-Status Cars
Cars manufactured by Vauxhall and prestige cars from BMW, Audi, Mercedes, Land Rover and Honda all make it into the top ten most financed cars in the non-prime market according moneybarn, the UK's leading specialist car finance company.
Topping the list of cars chosen by moneybarn customers is the Vauxhall Astra, with the BMW 3 Series tied in second place with the Ford Focus. The Range Rover, Mercedes C Class and the Honda Civic all feature in a list that is quite different to the wider car buying market.
With new car sales continuing to fall month on month*, all manufacturers will be hoping for a sales boost when the new 61 plate models hit the forecourts. According to Autotrader, the most viewed car on their new car website is the Ford Fiesta. Even better news for Ford ahead of the September '61' plate change is the Ford Focus being the second most viewed car. These results are broadly in line with sales figures from 2010, when the most popular new cars (by sales volume) in the UK ** were:
1. Ford Fiesta
2. Vauxhall Astra
3. Ford Focus
4. Vauxhall Corsa
5. Volkswagen Golf
6. Volkswagen Polo
7. Peugeot 207
8. BMW 3 Series
9. Mini
10. Nissan Qashqai
In contrast to these mainstream car buying trends, Moneybarn have announced that the bad credit car market features a number of prestige and performance cars in a list which is otherwise dominated by Vauxhall.
1. Vauxhall Astra
2. Ford Focus and BMW 3 Series (Joint 2nd)
3. Vauxhall Vectra
4. Vauxhall Zafira
5. Ford Fiesta
6. Vauxhall Corsa
7. Ford Mondeo
8. Honda Civic
9. Mercedes Benz C Class and Volkswagen Golf (Joint 9th)
10. Audi A4 and Rover Range Rover (Joint 10th)
Commenting on the publishing of the Top 10 most popular non-prime cars at moneybarn, Peter Minter, the company's Managing Director said,
"We're certainly seeing our customers being more pragmatic about their car purchasing - there's less and less exotica on our books than there was pre-credit crunch and more and more family cars, but we still have applications for some pretty exciting cars. The fact that Vauxhall's feature so prominently on our list reflects the trend for cars that are practical, affordable and with reasonable running costs and we fully expect this to continue into the future."
Despite the dominance of Vauxhall in the moneybarn Top 10, moneybarn continue to see a significant number of prestige and performance cars being financed. Outside of the Top 10, moneybarn have high numbers of BMW M3, M5 and X5, Porsche Boxster and Cayenne, Mercedes SLK and ML agreements in place and have customers with finance agreements on Bentley Continental, Ferrari 360 and Aston Martin Vantage cars.
About moneybarn
moneybarn creates more opportunities for more consumers to finance the purchase of cars with a responsible, ethical and inclusive approach to car finance. With over 20 years experience of working with customers with unusual and non conforming backgrounds who may have experienced difficulties obtaining credit elsewhere, moneybarn is the UK's leading specialist car finance provider. More information can be found at moneybarn.com
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