The launch of the new 62 registration plate this month brings a timely opportunity to get your hands on a car – whether new or used.
The twice-yearly registration period for new cars began in 1999 to ease some of the administrative stress on the DVLA, meaning that early buyers of new cars now had two opportunities per year to sell on their current models.
However, as financial pressures began to mount on car owners through the past decade, used cars were at a premium as their owners decided to hold on to them.
With the recent heavy investment in the UK car industry by manufacturers such as Vauxhall and Honda, sales of new cars have begun to increase again. One example is in the Range Rover Evoque, whose demand is so high that the Jaguar Land Rover plant at Halewood is to operate on a 24-hour basis for the first time in its 50-year history just to meet pre-sales.
As a result of this, 62 plate cars will be readily available – and consequently will nudge plenty of used cars onto the market. The high volume of used cars means that their prices will be the most affordable in years – so now is the chance to get a good deal.
Just as the 62 is expected to perform brilliantly comes the (albeit bizarre) fear that the next batch will not do as well. In January, new cars with a 13 plate will be available and, if a recent newspaper article is to be believed, will not be as successful.
The Daily Mail recently reported that from a survey of over 20,000 drivers, one in ten stated that they would avoid buying a car with a 13 plate. A quarter of respondents believe that trying to sell on a car with 13 plate would be “somewhat” difficult. Of course, there is no hard evidence to suggest that bad things will befall the more nervous driver of a 13 plate car, but superstition makes even the hardiest traveller wary.
So if you’re a driver who suffers from triskaidekaphobia, it might be best to check out a used car over the next few months rather than risking it early next year!
September 3, 2012