As of April 2022, a week after Ofgem's cap on energy cost was increased, around 72.7 percent of survey respondents reported their car purchasing intentions were impacted by the cost of living crisis in the United Kingdom. Around 30.4 percent of consumers mentioned looking to buy a cheaper car as a result of the crisis, while around 27.3 percent car buyers were not influenced by the price increases.
Impact of the general cost of living increases on UK consumers' self-reported car purchase intentions as of the second week of April 2022
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eBay Motors Group. (May 23, 2022). Impact of the general cost of living increases on UK consumers' self-reported car purchase intentions as of the second week of April 2022 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1350285/uk-impact-of-the-cost-of-living-crisis-on-car-purchases/
eBay Motors Group. "Impact of the general cost of living increases on UK consumers' self-reported car purchase intentions as of the second week of April 2022." Chart. May 23, 2022. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1350285/uk-impact-of-the-cost-of-living-crisis-on-car-purchases/
eBay Motors Group. (2022). Impact of the general cost of living increases on UK consumers' self-reported car purchase intentions as of the second week of April 2022. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1350285/uk-impact-of-the-cost-of-living-crisis-on-car-purchases/
eBay Motors Group. "Impact of The General Cost of Living Increases on Uk Consumers' Self-reported Car Purchase Intentions as of The Second Week of April 2022." Statista, Statista Inc., 23 May 2022, https://www.statista.com/statistics/1350285/uk-impact-of-the-cost-of-living-crisis-on-car-purchases/
eBay Motors Group, Impact of the general cost of living increases on UK consumers' self-reported car purchase intentions as of the second week of April 2022 Statista, https://www.statista.com/statistics/1350285/uk-impact-of-the-cost-of-living-crisis-on-car-purchases/ (last visited November 09, 2024)
Impact of the general cost of living increases on UK consumers' self-reported car purchase intentions as of the second week of April 2022 [Graph], eBay Motors Group, May 23, 2022. [Online]. Available: https://www.statista.com/statistics/1350285/uk-impact-of-the-cost-of-living-crisis-on-car-purchases/