Payment methods of car buyers in the United Kingdom (UK) 2017

This statistic shows the payment methods of car buyers in the United Kingdom (UK) in 2017. That year, the majority of car buyers had used cash or personal savings as a means to purchase a car, at 57 percent.

Payment methods of car buyers in the United Kingdom (UK) in 2017

Share of respondents
Cash/savings57%
Personal loan9%
Hire purchase7%
Personal lease agreement7%
PCP6%
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Source

Release date

January 2018

Region

United Kingdom

Survey time period

November to December 2017

Number of respondents

2,000 respondents

Special properties

Car drivers

Method of interview

Telephone interview

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