As the March ’13 registration plate’ nears the end of its six-month run and September’s new 63-plate waits in the wings, SMMT has revealed that the 13-plate has outsold the past nine registration plates.
The 13-plate has, up until the end of July, overtaken all previous plates dating back to September 2008. It has been registered to 1,115,459 vehicles since it came into use in March this year and even with the August registrations still to be included, it has outsold the previous plate changes dating back over the last five years.
New 63-plate vehicles are being readied and manufacturer main dealers are bracing themselves for new vehicle deliveries that could see around 390,000 new cars on the road over the 30 days of September.
That means around £6 billion is expected to be spent on new cars as motorists take advantage of affordable finance deals and buy into better fuel efficiency, predictable maintenance and often lower tax bands.
“We have seen a strong performance from the new car market throughout 2013, with the number of cars registered increasing in July for the 17th successive month,” said Mike Baunton, SMMT Interim Chief Executive. “Now we have evidence of consistent growth, we have raised our forecast for 2013 new car registrations to 2.216 million units, an increase of over 8% on last year. In line with this positive trend, we expect the new 63 plate to be very successful and for September registrations to provide a similar peak to that seen in March.”
March is typically the month for the highest number of registrations, with September coming a close second. More than a third of annual registrations occur in March and September combined, with the other months typically accounting for 6.5% of the annual total. Miles Better New Agency