Optimism For The Motor Industry

New research conducted by Coyne Research shows that optimism continues in the motor industry as car purchasing plans remain strong. Commenting on the research Cathal Cremen, Commercial Manager from DoneDeal said, ‘‘It is great to see that half of Irish people are using online sites like DoneDeal to search for a used car to purchase. DoneDeal has seen an increase in ads for its Select Car range, with the average price of a car now at €21,343. The DoneDeal website is home to over 135,000 motor ads and over 84,000 car ads, so when it comes to your motoring needs, DoneDeal is the best place to find that dream car.’’ Some of the additional key findings of the report include: 54% of people plan to use their savings primarily to purchase a car 37% of people plan to take out a bank or credit union loan to purchase a car 12% of people plan to use a Hire Purchase or PCP option to finance their purchase 23% of respondents were most influenced by make and model when choosing a car 19% of respondents were most influenced by the price of a car when making their choice Emissions and Colour scored the lowest indicating that these factors had the least influence on car purchasers You can find regional specific figures below: Dublin Leinster Munster Connacht/Ulster #MotorIndustry #MotorResearch