SUVs grow in popularity with UK buyers
- May 8, 2018
- New Models
- Posted by Darren Charlton
- Comments Off on SUVs grow in popularity with UK buyers
Barely 10 years ago and there weren’t many SUVs on the UK’s roads but now they account for nearly one in three of all vehicles.
And there are more new models entering the marketplace this year as car manufacturers look to tap into this growing demand.
Now data experts at HPI say that the SUV segment has been the fastest-growing for several years.
One analyst, Mark Ballmer, says that in 30 years of working the car industry, he’s never seen growth like it.
He said: “SUV’s in 2008 barely existed with annual sales of around 161,000 vehicles from a total of 2.1 million. SUV’s accounted for 11.6% of the market.
“In 2017, the SUV sector achieved 817,000 sales in a car market selling 2.5 million cars which is 30.5% market share.
‘SUV sales growth is nothing short of staggering’
“SUV sales growth is nothing short of staggering in just 10 years and shows no sign of slowing down. Since 2015, 114 new models have been launched and 20 more are expected over the next year.”
Among the most popular choices for SUV’s in the UK are the Volvo XC40, Toyota C-HR, Peugeot 3008 and the Jaguar E-Pace.
Among the reasons for the growing popularity of SUV’s is that drivers see them as being practical and efficient.
There’s the appeal of enjoying an all-year round lifestyle and there’s a wide choice available; they become the vehicle of choice for families and will easily meet the demands of family life.
Future growth in the sector will come with SUV models that are all-electric and hybrid with polished diesel and petrol choices available.
SUVs that retain their values
Among the best investments, according to HPI data, are these SUVs that retain their values the best: Peugeot 3008, Dacia Duster, Suzuki Ignis the Seat Ateca.
There’s no doubt that SUV’s have grown in popularity and here at The Scrappers, we are more than willing to offer the best prices for scrap cars if you are looking to invest in a new SUV; we can pick up your car and pay money into your account immediately.
We also have lots of spare parts from SUV’s we are breaking so contact us today to find out what we have on offer.