Demand for scrap car collection may be high


When people invest in new cars, they sometimes need to take advantage of scrap car collection. Indeed, demand for these services may be high at present as it seems consumers’ appetites for new vehicles is strong. According to figures released by the Society of Motor Manufacturers and Traders (SMMT), new car registrations rose last month. It revealed that the number of vehicles bought in September increased by 8.2 per cent on the previous month. During the 30-day period, a total of 359,612 units were bought. This exceeded expectations by 26,000 cars. Meanwhile, sales were strong during the first three-quarters of 2012 as a whole. The SMMT noted that during the nine-month period, 1,620,609 units were sold, which was a rise of 4.3 per cent compared with the same time last year. Chief executive of the organisation Paul Everitt said: “The important September plate change market outperformed expectations with new car registrations increasing more than eight per cent on last year to 359,612 units. “Although the economic outlook remains challenging, we are starting to see a tentative return of consumer confidence as motorists explore new products and the latest fuel-efficient technologies.” To help make their lives easier, some of those who invested in new motors may have used scrapping services. As long as they are savvy when selecting their providers, they can benefit from favourable scrap car prices. The SMMT went on to note that new car registrations have grown every month this year bar one and September volumes were 7.8 per cent above its own forecasts. Meanwhile, sales of small and dual purpose cars saw the greatest increase and the Ford Fiesta was the best selling new car last month and for the year-to-date. Despite the tough economic conditions affecting consumers in the UK, it seems as though they are still prepared to invest in vehicles.

nick

Nick is a part time techie, full time writer and Lifestyle intern at 5 Articles.

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