13 reg plate was lucky for car market after all
It’s finally here, the 63 reg plates are about to take to the roads. But will the September plate change have much of an impact on our used car market? Well, according to a recent press release from vehicle remarketing company, British Car Auctions (BCA), they feel it could lead to a rosier market and bring good news for those currently struggling to find good quality used cars or vans.
“We are expecting to see a wide range of used cars coming to auction in September across many makes and models and including everything from low mileage and nearly new cars to prestige and company cars at 2 to 3 years old. We also anticipate seeing more good value high mileage older cars which means there should be something for everyone in every price range”, explained Tim Naylor, editor of the BCA Used Car Market Report.
So, how did the previous March 13 reg plates go down? Surprisingly well. The Society of Motor Manufacturers and Traders (SMMT) has just reported that the registration number that many of us deemed as “unlucky” and were uncertain about has actually outsold and overtaken all previous plates dating back to September 2008. In fact, the SMMT figures show that 1,115,459 vehicles have been registered since the plate was issued back in March. That brings a sigh of relief for those who were concerned that superstition surrounding the number 13 – Triskaidekaphobia, would bring about a spell of bad luck for the new car market.
We will keep a close eye on how well the new and used vehicle markets fare in September, as it is typically the second month for the highest number of registrations coming just behind the month of March.
“We are expecting to see a wide range of used cars coming to auction in September across many makes and models and including everything from low mileage and nearly new cars to prestige and company cars at 2 to 3 years old. We also anticipate seeing more good value high mileage older cars which means there should be something for everyone in every price range”, explained Tim Naylor, editor of the BCA Used Car Market Report.
So, how did the previous March 13 reg plates go down? Surprisingly well. The Society of Motor Manufacturers and Traders (SMMT) has just reported that the registration number that many of us deemed as “unlucky” and were uncertain about has actually outsold and overtaken all previous plates dating back to September 2008. In fact, the SMMT figures show that 1,115,459 vehicles have been registered since the plate was issued back in March. That brings a sigh of relief for those who were concerned that superstition surrounding the number 13 – Triskaidekaphobia, would bring about a spell of bad luck for the new car market.
We will keep a close eye on how well the new and used vehicle markets fare in September, as it is typically the second month for the highest number of registrations coming just behind the month of March.
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