This statistic shows the key influencing factors of vehicle financing choice in the United Kingdom (UK) in 2017. In the year recorded here, the key factor that influenced car buyers' finance choices was the monthly payment or budget. The second most important determining factor was the length of the agreement.
Key influencing factors of vehicle financing choice in the United Kingdom (UK) in 2017
Characteristic
Share of respondents
Monthly payment/budget
71
Length of agreement
40
Deposit time
37
The APR
23
Additional dealer discounts/incentives*
17
Manufacturer/dealer deposit contribution
15
Mileage allowances
14
Conditons of returning the car at the end of the agreement
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AutoTrader.com. (March 1, 2018). Key influencing factors of vehicle financing choice in the United Kingdom (UK) in 2017 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/922842/key-influencing-factors-vehicle-financing-choice-united-kingdom-uk/
AutoTrader.com. "Key influencing factors of vehicle financing choice in the United Kingdom (UK) in 2017." Chart. March 1, 2018. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/922842/key-influencing-factors-vehicle-financing-choice-united-kingdom-uk/
AutoTrader.com. (2018). Key influencing factors of vehicle financing choice in the United Kingdom (UK) in 2017. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/922842/key-influencing-factors-vehicle-financing-choice-united-kingdom-uk/
AutoTrader.com. "Key Influencing Factors of Vehicle Financing Choice in The United Kingdom (Uk) in 2017." Statista, Statista Inc., 1 Mar 2018, https://www.statista.com/statistics/922842/key-influencing-factors-vehicle-financing-choice-united-kingdom-uk/
AutoTrader.com, Key influencing factors of vehicle financing choice in the United Kingdom (UK) in 2017 Statista, https://www.statista.com/statistics/922842/key-influencing-factors-vehicle-financing-choice-united-kingdom-uk/ (last visited December 22, 2024)
Key influencing factors of vehicle financing choice in the United Kingdom (UK) in 2017 [Graph], AutoTrader.com, March 1, 2018. [Online]. Available: https://www.statista.com/statistics/922842/key-influencing-factors-vehicle-financing-choice-united-kingdom-uk/
