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Top cars and car-buying trends of 2020

18 December 2020

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As we say goodbye to 2020, Close Brothers Motor Finance looks back at the most popular cars from the year. 
 
Seán Kemple, Managing Director of Close Brothers Motor Finance, said:
“In a year shaped by a pandemic and strict social distancing restrictions, drivers have still been able to get their hands on the car they wanted. In fact, a newfound reticence to use public transport has shifted attitudes toward car ownership, a trend likely to grow even further in 2021. Smaller models remain popular for drivers in 2020, with the Ford Fiesta taking another year as the people’s favourite, yet the Land Rover has crept up a place this year, perhaps a reflection of more families choosing a model that suits their needs this year. In 2021, the looming 2030 ban on new petrol and diesel models is likely to put alternative fuelled vehicles (AFVs) in higher demand as drivers make the switch to electric.”
 
Top 12 cars financed in 2020: [1]

  1. Ford Fiesta 1.0
  2. BMW 320d 
  3. Land Rover Range Rover Evoque 
  4. BMW 520d Diesel 
  5. Ford Fiesta 1.25
  6. MINI 
  7. Audi A4
  8. Vauxhall Corsa 
  9. Fiat 500 
  10. Volkswagen Golf 1.6
  11. Volkswagen Golf 2.0
  12. Audi A1 

Top 10 main considerations when buying a car: [2]

  1. Affordability / price – 51%
  2. How economical the vehicle is to run – 35%
  3. Fuel type – 23%
  4. Existing mileage – 21%
  5. Engine size – 20%
  6. Manufacturer – 15%
  7. Number of doors – 15%
  8. How environmentally friendly it is – 14%
  9. Boot size – 11%
  10. Ease of getting in and out – 10%
 
[1] Top 12 cars financed by Close Brothers Motor Finance in 2020 (updated to 09.12.20) 
[2] Britain Under the Bonnet report 2020
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