Over three quarters of Spanish respondents to a February 2023 survey who bought a used car in the past twelve month paid cash for this purchase. In contrast, cash payments were not as popular among new car buyers: 38 percent of survey participants reported paying cash for their new car purchase, compared to 58 percent of new car buyers using financing options.
individuals who have bought a car or motorcycle in the last twelve months.
Method of interview
Computer-assisted web interviews (CAWI)
Supplementary notes
The source specifies the error margin for the total results is of plus or minus 2.53 percent. Gender, age, and autonomous comminuty were taken into consideration for sampling.
Multiple answers were possible.
*This is the respondent count for the entire survey, including respondents with the intention to purchase a car or motorcycle in the next two years. The source does not specify which subset of respondents have purchased a car in the past year.
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El Observatorio Cetelem. (April 12, 2023). Self-reported payment methods for used and new car purchase by Spanish respondents as of February 2023 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1382785/spain-consumers-preferred-payment-method-for-car-purchase-by-type/
El Observatorio Cetelem. "Self-reported payment methods for used and new car purchase by Spanish respondents as of February 2023." Chart. April 12, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1382785/spain-consumers-preferred-payment-method-for-car-purchase-by-type/
El Observatorio Cetelem. (2023). Self-reported payment methods for used and new car purchase by Spanish respondents as of February 2023. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1382785/spain-consumers-preferred-payment-method-for-car-purchase-by-type/
El Observatorio Cetelem. "Self-reported Payment Methods for Used and New Car Purchase by Spanish Respondents as of February 2023." Statista, Statista Inc., 12 Apr 2023, https://www.statista.com/statistics/1382785/spain-consumers-preferred-payment-method-for-car-purchase-by-type/
El Observatorio Cetelem, Self-reported payment methods for used and new car purchase by Spanish respondents as of February 2023 Statista, https://www.statista.com/statistics/1382785/spain-consumers-preferred-payment-method-for-car-purchase-by-type/ (last visited November 03, 2024)
Self-reported payment methods for used and new car purchase by Spanish respondents as of February 2023 [Graph], El Observatorio Cetelem, April 12, 2023. [Online]. Available: https://www.statista.com/statistics/1382785/spain-consumers-preferred-payment-method-for-car-purchase-by-type/
